When you want to start your own business, you have tons of ideas about what products or services you will sell, where you will get jobs, and what a great project this will be.
Unfortunately, many athletes get discouraged by the legal and administrative side of running a business. It seems like a lot of effort.
The truth is, it is not as complicated as people think, although the wrong business structure may later have consequences. The first thing to do is to answer the question of whether you want to be a limited company, charity, or self-employed.
Companies can be set up within 24 hours. You just need:
A company Name
A registered Office
The director’s name, address, occupation, nationality, and date of birth