Start Your Business Week by Week, 2nd Edition

THIS WEEK’S TO DO LIST

• Write a list of everything you need to source from an outside supplier.
• Identify suitable suppliers.
• Contact them to find out details of their product or service, pricing, terms and other information.
• Write up the ‘Suppliers’ section of your business plan.
• You’re going to need these leaflets and forms from HMRC (the people who administer VAT) in a couple of weeks, so order them now:
  1. Form VAT 1: Value Added Tax (VAT) – ‘Application for registration’;
  2. Notice 700: ‘The VAT guide’;
  3. Notice 700/1: ‘Should I be registered for VAT?’;
  4. Notice 700/21: ‘Keeping VAT records’;
  5. Notice 731: ‘Cash accounting’;
  6. Notice 732: ‘Annual accounting’;
  7. Notice 733: ‘Flat rate scheme for small businesses’;
  8. and, if you’ll be in retailing, Notice 727: ...