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Hi, Its great to see you are venturing into the realm of an on-line entrepreneur! Unfortunately yes, you will have to pay the relevant taxes on profits/incomes to yourself or staff. And there are many ways in which you can do this - I would recommend the HMRC website as its very good, if a touch...
I agree with this 100%. We recently pulled out £15k PA budget from YELL and applied it straight to Google Adwords to back up our SEo website. Definitely the best way forward for us as we can track all the activity, which you cant really do easily on directories.
Here are some quick SEO pointers...
1. If you get the right URL, ie, relevant to your business activity and market sector - and 'hopefully' an older one, then SEO is easier to manage.
2. Get the right Keywords to write about (try Market Samurai - its a great program for finding these)
3...
You NEED to get trained i'm afraid. You also need insurance to cover yourself if someone has a problem while you are training them! The best training companies are Personal Training International, YMCA and ACE.