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Running your business

Set up your business

Business essentials

These are some of the most important aspects of setting up your new business, and whether you’re registering as a sole trader, limited company or partnership, you’ll need to know the rules.

Your legal set-up

Learn about the types of business you can set up and how to register them legally. There’s also helpful guidance on the rules that apply to businesses.

Business rates

You’ll need to know what business rates are, if you need to pay them, and who you pay them to when you set up your business.

Tomorrow Begins Today with Business Builder

Dreaming about your future business? Get started today by signing up to our free online Business Builder course.

Let your business be the solution

Kam Davis couldn't find a hypoallergenic product for afro textured hair, so she created Nylah's Naturals.

 

Sign up to our free online Business Builder course to make a start on building your dream business.

Tools for your business

Browse our selection, and choose from our bank accounts, business development programmes, card machines, or our online accounting software, all the way to our mobile app

Our mobile app

Already registered for online banking? If you have then download our mobile app and bank from your phone. It’s secure, helping you to manage your finances 24/7 so you’re always in control of your money. 

Download the mobile app

Consultancy services for your business

Stay up to date on employment law, HR and health and safety with MentorDigital. It can support you and your business with free reporting tools, risk assessment templates and bespoke documentation that could help you thrive.

The bank account for start-ups

If you’ve been trading less than a year, this could be the account for you. You’ll get 18-months transaction fee free banking, then pay as you go (Standard Published Tariff after), plus 24/7 everyday banking support.

Free online accounting software

FreeAgent accounting software has been named the UK's best bookkeeping software for SMEs*. It’s designed to help you manage your business finances and is free for eligible business customers as long as you retain your account.

*Voted the UK's best SME Accounts/Bookkeeping Software 2021, AccountingWEB Software Awards.

Do you need an accountant?

If you don’t have any experience managing your books, then hiring a specialist to do it for you could be a great idea.

You could be making savings by taking card payments with us

Get 6 months free card machine hire if you make Tyl by NatWest your card machine provider before 30th April 2023*.  Next day settlement comes as standard.

* New Tyl by NatWest customers only,  if you sign up before 30th April 2023.  Minimum 12-month contract.  After 6 months standard hire fees per device will apply.  Early cancellation fees may apply, eligibility criteria and fees apply.  

Next step: Support on how to run your business day to day

Learn how to manage your cashflow, take payments and employ staff.

Something else we can help you with?