Myself and my partner have been thinking of creating our own web design business. However, we are unsure of what route to take. While looking around these parts of the forum, i have noticed people talk about Businesses and Freelancing, but what difference is there really?.
Myself and my partner hope to create our own website, with our own logo and offer our services to potiential clients. What would be the best route for us?, Business or Freelancing?.
I also have a few questions.
If we Freelance, do we have to pay tax?
If we Freelance, can we create a contract?
What are the downsides to Freelancing?
What are the downsides to a Business?
How do i go about creating a Business in the UK?
Thank you for taking the time to look, any replies will be much appriciated.