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Sole Trader or Company for online B2B Service

by londoncoffee
2 replies
Can anyone advise me on whether i need to be a registered company to offer an online niche design service to corporations. Without giving away my idea, i fear that simply operating as a sole trader from home will create a tacky image. I am aware of virtual offices in the London area. Setting up a company is going to be a headache because i will be running a 1 person business for maybe the first 12 months, but there is possibility of taking on employees.
Does anyone here offer a similar B2B service while remaining as a sole trader?
#b2b #company #online #service #sole #trader
  • Profile picture of the author spearce000
    I make videos as a B2B service and operate as a sole trader. If you're doing business exclusively online, I don't think anybody is too bothered as to whether you're a sole trader or a limited company.

    I did once have a limited company for a project I was putting together - basically because I was looking for outside investment - but it didn't make any difference to the amount of business I got from customers. That said, some large corporations won't do business with a sole trader, but most SMEs will.
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  • Profile picture of the author selfdisciplineacademy
    I would say that to start of with people earning money online don't need a business.

    However, if it's a big business then probably yes.

    What type of income are you looking at?
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