Starting an NLP Business Fresh off your NLP training and keen to set up your own NLP business? Where do you want to start? Back to Best Practice Share Tweet LinkedIn Pin So here you are, fresh off your NLP training and keen to set up your own NLP business. With so much to consider, where do you want to start? If you are thinking of setting up your own NLP business, either part time or full time, there are many aspects to take into account. Quite often, some of the more mundane tasks get forgotten in the rush to secure clients and get the basic business foundations in place… Some of the initial financial aspects include: Who do I have to notify when I start a business? Should I set up a company? Should I register for VAT? What records do I have to keep? When do I pay my tax? …and this is just the beginning! The 10 Most Common Pitfalls when starting an NLP Business...and how to avoid them Generalising their services because they don’t want to miss out on a potential client Presenting themselves and their business in an unprofessional way Having no clear ideas about how to run a business Not aware of profile raising opportunities Not realising the value of effective marketing Assuming that Best Practice does not apply to their business Not understanding the value of business credibility for their services Being incongruent Misunderstanding the purpose of collaboration Unaware of how to take sustained, effective and relevant action Download the Pitfalls PDF guide. These and many other challenges associated with running an NLP-based business are addressed in greater depth in “The NLP Professional: Your Future in NLP”. In addition, check out the following websites for guidance with accounts, tax and administration: HM Revenue and Customs, for queries relating to setting up a business, taxes and VAT Companies House, for queries relating to setting up Limited Companies, the Companies Act and Company Searches Professionalism The NLP Professional Best Practice