This might be a bit vague but hopefully someone out there can help. I’m from the UK and am registered as a Sole Trader currently. I’m looking to create a new business, and am unsure of the best structure to use. I don’t really want to continue in this business as a Sole Trader because I don’t think it has so much credibility compared to something like a limited company.
The business is going to be a digital marketing agency in a specific niche, it’s going to be very small scale with very low overheads. I’m not going to be based in any specific location so I’m also unsure about which location to officially base my business (base in the sense that it will be my registered business address for example, I wouldn’t have any offices unless just Virtual).
I also don’t imagine that I’ll be turning over much as it will likely just be me, I may hire some freelancers at a later date but that depends on whether I can find enough clients.
Appreciate any help on this, thanks for reading!