Working out the best price to charge for your products or services can be one of the biggest challenges you face as a business owner, particularly when you’re starting out. Price too low, and you’ll be out of business before you know it; price too high and you’re out of the market. Hit the pricing sweet spot, and you’ll maximise your profits.

Doing what you love is a pretty good reason to spring out of bed in the morning. The admin that comes with it? Not so much. Still, like it or not, running a company involves a certain level of paperwork that just has to be done. There’s a fair amount to complete at kick-off, and there’s a lot of ongoing compliance to navigate, too.