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Starting a business

Learn a few important steps you should be taking

Welcome to our starting a business page

Welcome to Xtreme Polishing Systems Student Centre, where we equip aspiring entrepreneurs with the knowledge and tools to start and grow their own successful epoxy resin business.

Our comprehensive training courses cover hands-on skills in epoxy resin installations, surface preparation techniques, and effective business promotion through social media.

We are more than just a training platform; our supportive community offers expert guidance and a network of experienced professionals to empower you on your journey to entrepreneurship. Unleash your potential with us and create extraordinary epoxy resin installations that leave a lasting impression in this thriving industry.

Registration

Register your business, and look at the legal side

Social Media

The power of social media in growing your business

Experience

A vital part of being in this industry is gaining hands on experience

Website

Having a well designed website will form a vital part of your sales pitch

Jobs, Promotion, and Building Experience

Upon completing your training, it is crucial to gain practical experience and create a portfolio of your work. Start by undertaking jobs for friends, family, and within your local community. These projects will serve as valuable sample boards that showcase your skills and become an excellent promotional tool.

Share these accomplishments on social media platforms, encourage testimonials from satisfied customers, and leverage them to attract new clients and generate interest in your services.

Harnessing the Power of Social Media

Social media platforms offer a unique opportunity to showcase your epoxy resin work and engage with your target audience. Platforms such as Instagram and TikTok are particularly effective for sharing visually appealing floor and countertop designs. Utilise these platforms to share high-quality images and videos of your projects, highlighting unique features, colour schemes, and finishes. Engage with your followers, respond to comments, and use relevant hashtags to increase your visibility.

Additionally, consider leveraging Facebook for community engagement and LinkedIn to connect with businesses in need of epoxy resin solutions.

Establishing an Effective Website

In today’s digital landscape, a professional website plays a crucial role in establishing credibility and trust with potential customers. Your website serves as a central hub for showcasing your portfolio, displaying testimonials, and providing essential information about your services. It also plays a vital role in search engine optimization (SEO), helping your business rank higher in online searches and driving more inquiries. Xtreme Polishing Systems offers website development services through our in-house team, ensuring your website is built to the highest standards and optimised for maximum visibility and conversions.

Let us handle this critical aspect, leaving you free to focus on growing your business.

Utilising the Student Centre for Continuous Learning

Our Student Centre is not only a resource for initial training but also a valuable platform for ongoing learning and support. Take advantage of this dedicated space to ask questions, seek guidance, and connect with fellow epoxy resin professionals. Engage in discussions, access educational materials, and explore opportunities for work experience.

The Student Centre fosters a collaborative environment where you can expand your knowledge, refine your skills, and stay updated with the latest industry trends.

Registering Your Business in the UK and Establishing Terms and Conditions

Whilst starting a new business in the epoxy resin industry is relatively easy once you have been trained by us, its vital that you establish terms and conditions to protect your interests. If you already have a trade or business, this need not apply.

Here are the steps to register your business in the UK and important considerations for setting up terms and conditions.

Choose a Suitable Business Structure

Decide on the most suitable business structure for your epoxy resin business. The common options in the UK include a sole trader, partnership, limited liability partnership (LLP), or limited company. Each structure has different implications for liability, tax, and administration, so consider seeking advice from a business professional or accountant to make an informed decision.

Register with HM Revenue and Customs (HMRC)

Inform HMRC about your business by registering for self-assessment for tax purposes. This will enable you to pay income tax and national insurance contributions as required. You can register online via the HMRC website or by contacting their helpline.

*If you choose to go VAT registered you will be able to claim back the cost of goods purchased through us

Choose a business name

Select a unique and memorable name for your epoxy resin business. Ensure that the chosen name is not already in use by another business and does not infringe on any trademarks. You can search the Companies House website to check name availability for limited companies.

Please note: this is a big decision if you plan to use online to help grow your business as it will impact the domain name you buy. If you are unsure, please consult our marketing department who can help you.

Establish Terms and Conditions

Creating comprehensive terms and conditions is essential to protect your business and establish clear expectations with clients. Your terms and conditions should cover aspects such as payment terms, project timelines, cancellation policies, liability limitations, warranty information, and any specific requirements or clauses relevant to the epoxy resin industry.

Consulting with a legal professional or utilising templates specific to your industry can help ensure your terms and conditions are thorough and legally sound.

Payment Plans and Invoicing

Consider offering payment plans or flexible payment options to accommodate the needs of your clients. Clearly outline your payment terms in your terms and conditions, including the amount, payment due dates, and accepted methods of payment. Use professional invoicing software or templates to create and manage invoices efficiently, ensuring accurate records and timely payments.

Get insured

Protect your business and clients by obtaining the appropriate insurance coverage. General liability insurance and professional indemnity insurance are common types of coverage for epoxy resin businesses. Insurance provides peace of mind and financial protection in case of accidents, damages, or legal disputes.

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