In Partnership with Jam Jar Travel

Congratulations on taking this exciting step with Jam Jar Travel! We know starting your own business can feel a bit overwhelming – there’s so much to think about and so many decisions to make. That’s exactly why we’re here to help.

At Pink Pig Financials, we’ve been supporting business owners just like you for over ten years. We understand that you want to focus on building your business and achieving your goals, not getting bogged down in paperwork and compliance.

Let’s get you set up properly from day one, so you can concentrate on what you do best.

Your Simple Setup Steps

We’ve broken everything down into manageable steps that you can work through at your own pace. No jargon, no complications – just clear guidance to get your business foundations right.

Step 1: Choose your Business Structure

Your first big decision is whether to set up as a sole trader or limited company. This affects everything from your tax obligations to how much paperwork you’ll need to handle.

Watch our webinar: Sole Trader vs Limited Company – we’ll walk you through the pros and cons of each option so you can make the right choice for your situation.

Prefer everything in writing?

Download our comprehensive setup guide that covers all the key decisions you’ll need to make.

Step 2: Get Your Business Essentials Sorted

Once you know your structure, it’s time to make it official:

Step 3: Set Up Your Business Banking

Keep your business and personal finances separate from the start. We recommend Monzo Business & Starling Bank – they’re both straightforward to use and perfect for new businesses.

Step 4: Get Your Record Keeping Right

Good records make everything easier – from tracking your progress to completing your tax returns. Choose what works best for you:

Option 1: Xero accounting software (our recommended choice for most businesses) – Find Out More!

Option 2: Our spreadsheet template (perfect if you prefer to start simple) – Download a copy here!

Don’t forget to grab our expenses guide – it shows you exactly what you can and can’t claim:

Step 5: Start Saving for Tax

This is the step that catches most new business owners out. Start putting money aside for tax from your very first sale – your future self will thank you.

As a very rough guide:

Sole traders: save 25-30% of your profits
Limited companies: save 25% – 30% of your profits for corporation tax, plus income tax on what you take out

Step 6: Understand Your Tax Obligations

As a Sole Trader you’ll need to complete Tax Returns. But tax returns don’t have to be scary when you’re prepared. Watch our Making Tax Digital webinar to understand what you need to do and when.

As a Limited Company you’ll need to file Annual Accounts and a Corporation Tax Return, as well as your personal tax return. Again, this doesn’t need to be scary, and it’s worth us having a chat to walk you through what’s needed and when.

(Hint: we have a link below to book a free call with us!!)

Ready for Ongoing Support?

You don’t have to figure this all out alone. We offer support at two levels:

Pink Pig in my Pocket

Perfect for business owners who want guidance and support as they grow. You’ll get:

Monthly digital masterclasses covering accounting, tax, and business growth
Access to our resource library
Live Q&A sessions with our team
Supportive community of like-minded business owners

Join Now

1:1 Support

If you’d prefer personal guidance or you’re not sure what level of support you need, book a discovery call with our team. We’ll chat about your goals and recommend the best way forward for your specific situation.

Let's Chat

You've Got This!

Starting a business is one of the most exciting things you can do. Yes, there’s paperwork to sort out, but once these foundations are in place, you can focus on what really matters – building the business and life you want.

We’re here to support you every step of the way. Welcome to your business journey!

Welcome to Your Business Journey with Jam Jar Travel!