If you start working for yourself, you’re classed as a sole trader. This means you’re self-employed - even if you have not yet told HM Revenue and Customs (HMRC)

You may need permission or separate insurance to run a home business, and you’ll need to check if you have to pay business rates. Check this article out for the details.

What you need to do to set up depends on your type of business, where you work and whether you take people on to help.

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Innovation involves conceptualizing new ideas, products, processes, or approaching existing ideas, products, and procedures in new ways by an individual or organization.

The business world is evolving and sometimes Business Innovation is what can set you apart from your competitors.