Posts tagged Side Hustle
A How To: The Differences Between Sole Trader, Limited and Partnerships

Whether you’re setting up a side-hustle or a full-time business, one of the first things you will need to decide on is which type of business you’re forming.

There are many different forms of businesses that you could set up, but the three types we see most commonly are Sole Trader, Limited Companies and Partnerships.

Certain factors will help make the decision about which type of business you should form, including what the nature of your business is, where you work, whether there will be one or more directors, and whether you plan on hiring people to help you in the future.

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