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Wendy is a prolific investor, HMO expert, author and successful property entrepreneur who loves to help people change their lives through investing in property and business. In the HMO Success Podcast she interviews some of the UKs most successful entrepreneurs, business advisors, HMO experts and property professionals. Her practical, down-to-earth approach is loved by thousands of people who enjoy the combination of her humour, with an honest and direct interview style. She covers a wide variety of topics - all related to HMOs in one way or another and her topics cover everything from finding your first HMO, to raising finance, refurbishing your property and even how to fuel your body for success. Subscribe now to make sure you never miss an episode. Early doors every Friday morning.
Episodes
Tuesday May 05, 2020
Tuesday May 05, 2020
HMO Success Podcast Episode 1- LAUNCH Episode - How to Set up your HMO Business
If you're just starting to set up your business, or have already started, this launch episode of the HMO Success podcast will explain exactly what to do to ensure you are compliant with the law and have all the practicalities covered.
Here’s a useful ticklist to help you set up your new property business.
Business Set Up
Decide on business name
Business Bank Account
Set up Limited Company
https://moneyfacts.co.uk/mortgages/guides/how-to-set-up-a-buy-to-let-limited-company/
Notify HMRC of trading status (Self employed / Ltd company etc) (https://www.gov.uk/new-business-register-for-tax)
Legal Money Management
Register with HMRC for Anti Money Laundering (https://www.gov.uk/guidance/money-laundering-regulations-register-with-hmrc)
Client Account
TPO
Membership to Property Ombudsman (PRS) (https://www.theprs.co.uk/)
Insurance
Professional Indemnity & Public Liability Insurance
Client Money Protection Insurance
Marketing
Design Logo (https://uk.fiverr.com/)
Register domain name (*.co.uk / *.com) (https://uk.godaddy.com/)
Set up email account
Website set up
Letterhead & other company docs template set up
Data
How well do you comply with data protection law: an assessment for small business owners and sole trader
Register with ICO for Data Protection (https://ico.org.uk/for-organisations/register/)
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