The setting-up business service applies both to Italian companies and private individuals that are intentioned in starting-up whatever kind of business activities in the UK.
The Italian Chamber of Commerce, in co-operation with partners professional in legal, commercial, financial and marketing area, has decided to offer a complete consultancy during all those steps necessary for the setting-up of a business in the UK, entirely in Italian language.
The service covers several stages, at least for a period of 3 months.
The length of the service could vary depending on the type of request and the characteristics of the market, in order to guarantee the maximum efficiency of the project. Additionally the service can be personalized to meet the requirements of the client.
It will be necessary to present a business plan in English (translation services are available).
Members of the Italian Chamber of Commerce for the UK are entitled to a discount of 20% on the offer. VAT is not applicable if the company is registered for IVA, which should be notified to us.
Explain who will buy your product or service, and why;
Include financial forecasts;
Indicate how much money (if any) is needed.
So you see, a business plan is not just to please to the bank manager – failing to plan is planning to fail.
The Italian Chamber of Commerce can offer you assistance, through the support of its partners, on how to plan your business, including sample plans, templates and finance tools.
The rule of thumb in business is to go into what you know. Your chances of success will be much higher if you have the relevant skills and experience to carry out the core activities in your new business.
Stand out from the crowd – businesses operate in a highly competitive market, many statistics show failure rates amongst small businesses to be quite high, so how will you convince customers to choose you and not your competitors?
You’ll need to keep a clear record of all your business transactions… and the best way to do that is to open your own business bank account. Ensure you do some research for the best free banking deals around and request to the Italian Chamber the organization of meetings with the business bankers in the High Street Banks.
Inland Revenue works out how much your Tax and National Insurance contributions should be. You need to register with them within the first three months of trading.
Contact the Newly Self-Employed Helpline on:
Tel:+44 0 8459 15 45 15
This service is also offered by the Italian Chamber through its partners.
You’ll need to check you legal responsibilities regarding Health & Safety for you employees and the public. And, also for food being prepared or stored in your premises.
You should contact the Department for Environment, Food and Rural Affairs (DEFRA) on 0845 9333 5577 for regulations if your business deals with waste disposal, has air conditioning equipment or uses solvents for cleaning.
You will need to contact your local authority when applying for a license. Businesses that need licenses include taxis, street traders, door-to-door sales, window cleaners, childminders, driving instructors and restaurants that serve alcohol.
If your business has databases which hold information on people then you will need to contact the Information Commissioner’s Office on 01625 545 745 or visit www.dataprotection.gov.uk
Finding the right location will take time and effort.
Location is not the only issue you need to consider when finding premises… you must ensure you’ve covered all the important aspects that can affect your final decision.
The appearance of your business will be very important to the market it operates in. It is advisable to employ a design consultant to help you out. A well designed website will also create a better image for your business, but before spending time and money on a website, its value as a marketing tool for the business and its value to your clients should be well researched.
If you need marketing material, a brand design or a website then please contact the Italian Chamber and we will recommend our partners..
