A companion for anyone planning to start a business, warning of the pitfalls and explaining the best way to tackle each stage. When starting your own business, it pays to be as well informed as possible to give your enterprise the best chance of success. This updated and expanded handbook offers advice on how to choose the right business venture, raise the necessary finance, whether to set up as a sole trader, partnerships, buying an established business, VAT and taxation. The guide points you in the right direction for buying insurance, finding premises, equippping an office, seting up a computer system and selling abroad. Also included are changes in employment law that may affect owners of small business and ways of encouraging clients to pay their bills promptly. This new edition includes all the latest Budget changes and covers the latest employment and business legislation, together with the new regulations from the EU; advises on the impact of the euro on selling abroad; shows how to advertise and sell via the Internet; and discusses some of the popular small-business choices of today.