I am doing an Interior Design diploma at the moment, due to finish around September time (it's a part-time home based course, so could be sooner than September depending how I get on) so far, and I don't want to jinx it, but so far, I am getting on really well with it, my tutor has said some very positive things and my grades have been spot on, the idea was to wait for youngest DS to start school then start my own business as an ID.
However, have decided to maybe not wait, and just go for it, but I have no idea about running a business - tax, insurance, the implications in running it from home etc. or even more specific questions like if I was to get a builder in to pull someone's wall down and the house fell down, who is liable for that? Me, or the builder? I literally am starting from scratch, and I don't know where to go to find the answers.
I have tried looking on the gov.'s website but there is just too much - too many 'If you're doing this' 'that' 'the other' etc. and I think I need more specific advice? Or maybe not?!
I, perhaps naively, don't think there will be loads of start up costs? I already have most of the equipment from doing this course, and so apart from advertising and setting up a website etc. there isn't much left to pay for, is there? If it is just that, I don't think I'd need a loan/grant etc. But, am I missing things?
What costs are involved in setting up a business from home? We are renting at the moment, does that complicate it?
Do I literally (obviously over-simplifying it, but is this what happens?) advertise, get a job, get paid, hand the tax man his cut and that's it?
I do realise I am just pouring questions out, and I'm not really expecting anyone to know all of the answers, but perhaps by giving you some of my questions, someone will know where I can find the answers?
Thanks very much in advance, and well done if you read this far!