Key differences between a sole trader vs limited company
When it comes to starting a business, choosing the right structure is one of the most important decisions you’ll make. Here, we’ll explain…
Overview
When it comes to starting a business, choosing the right structure is one of the most important decisions you’ll make. Here, we’ll explain the differences between setting up as a sole trader vs limited company. This version is adapted for Nexbal with a shorter, practical structure.
Key Takeaways
- What is a sole trader vs limited company?
- What is a limited company?
- What’s the difference between sole trader vs limited company?
Practical Checklist
- Define the process and responsibilities before you invoice.
- Verify customer data, amounts, taxes, and due dates.
- Use a consistent template and keep documentation in one place.
- Follow up unpaid invoices with a predictable reminder flow.
Start invoicing with Nexbal
Use Nexbal to create and send professional invoices with less manual work.