Your legal set-up
Learn about the types of business you can set up and how to register them legally. There’s also helpful guidance on the rules that apply to businesses.
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Running your business
Set up your business
Ednites Credit Union Business Banking is available to eligible customers, over 18 who have the right to be self-employed in the UK. FreeAgent is free subject to customers retaining their Ednites Credit Union business banking current account.
Business rates
You’ll need to know what business rates are, if you need to pay them, and who you pay them to when you set up your business.
Make it happen today with Business Builder
Whether you’re still in the idea phase or looking to grow, our free Business Builder online course is packed with practical resources.
Take your next steps with confidence. Tomorrow, you’ll be glad you signed up today.
Business Builder is a free service. You do not need to have an existing Ednites Credit Union account to sign up.
Let your business be the solution
Kam Davis couldn't find a hypoallergenic product for afro textured hair, so she created Nylah's Naturals.
Sign up to our free online Business Builder course to make a start on building your dream business.
Think outside the box (or get on it)
Could you advertise your new business on TV? It’s probably not something you’d immediately think of when you’re starting out, but TV’s a great way to reach a large audience and to let them know about what you do. ITV are offering matched funding for eligible businesses towards advertising time for a campaign, so you could really go places.
Tools for your business
A business bank account is a great place to start your business journey. (We might be able to help you with that.) There’s also lots of tools that can make it easier for your business to grow, and for you to manage the time you spend on the business. Browse our selection, and choose from our bank accounts, business development programmes, card machines, online accounting packages all the way to our mobile app. They can all help make things go that little bit smoother when you’re starting out.
Our mobile app
Already registered for online banking? If you have then download our mobile app and bank from your phone. It’s secure, helping you to manage your finances 24/7 so you’re always in control of your money.
Consultancy services for your business
Stay up to date on employment law, HR and health and safety with MentorDigital. It can support you and your business with free reporting tools, risk assessment templates and bespoke documentation that could help you thrive.
Ednites Credit Union Business Banking is available to eligible customers, over 18 who have the right to be self employed in the UK. Online Banking & Bankline are available to Ednites Credit Union business account customers. Mobile App & Bankline Mobile are available on selected iOS and Android devices with an international mobile number in selected countries. Fees may apply.
The bank account for start-ups
If you’ve been trading less than a year, this could be the account for you. You’ll get 18-months transaction fee free banking, then pay as you go (Standard Published Tariff after), plus 24/7 everyday banking support.
Online accounting package
FreeAgent accounting software helps you to manage your business finances. It's free as part of our business current account service for as long as you retain your bank account.
Do you need an accountant?
If you don’t have any experience managing your books, then hiring a specialist to do it for you could be a great idea.
Take payments anywhere, anytime
With payment solutions from Tyl you can get:
- Next day settlement - with cash into your account the next business day
- Card payments - in store, online or by phone
- Key business insights - the handy Tyl portal allows you to track sales and more.
Get started with Tyl today and you won’t have to pay card machine hire fees for the first 3 months.*
*Fees and eligibility criteria apply. See Tyl website for T&Cs.
Next step: Support on how to run your business day to day
Learn how to manage your cashflow, take payments and employ staff.
