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Tax issues for small business owners can be a cause of considerable worry – the area can seem obscure and hard to understand. But while it’s true that there is the potential for pitfalls for those who don’t know what
It’s the moment that many entrepreneurs dream of – the chance to put their valuable business up for sale and to move on to their next challenge. But for many it’s also a difficult time – it’s easy to become
Should your business be giving equity to employees as incentives? Share options have become popular with start-up and small businesses, but is it the right way to attract new staff and reward existing employees? There’s often confusion surrounding what exactly
Investors around the world generally prefer the structure of a Limited Liability Company (LLC). This is because it allows them to only have limited liability up to the amount they’ve invested, which helps to manage risk. There are various tax
Acquiring assets, including property, is something that many people spend a lot of time and effort doing. However, not everyone understands the importance of putting asset protection plans in place to ensure the retention of these assets should they be
If you’re not sure how credit bureaus work out your credit score, then you’re not alone. It might seem like random calculations go on behind closed doors, but there are understandable reasons behind seemingly sudden drops in your score. When
Traditional forms of lending from banks are declining when it comes to business funding. A dramatic change in the ease of access to business funding occurred following the credit crunch in 2007. Ten years on, it’s still extremely difficult for
It’s simple to open a business account, particularly if you have a good understanding of everything you need to provide. Collecting the correct documents and information will make the process even smoother. Here’s a rundown of what you need. Proof
If you run a small business, as your company grows you will need to develop a skilled team to help your company thrive. But it can be hard to implement a robust hiring policy, without cutting too deeply into your
If you have earned a poor credit history over the years, it can be hard for you to take out the financial products you need e.g. loans, to create a better life for yourself and build up a business. But
There has never been a better time to take the plunge and become self-employed, so you can start a thriving business. If you need more incentive to make this monumental change and transform your life, read on as the Turner
If you are starting a small business, and you are looking to deal in financial products, nine times out of ten you will have to become authorised by the Financial Conduct Authority (FCA) to trade legally in the UK. Helping
From April 2017 small buy-to-let investors will be hit by gradual tax changes set to slash their profits and increase their tax bill. From April next year the Treasury will start phasing in changes which will eventually see landlords pay
If you have a poor credit score, you may find it difficult to access to financial products – most notably bank accounts. This can make it hard for you to manage your money or access services such as loans. Basic
In a world where consumers are increasingly using digital channels, such as company websites and social media profiles, to engage with businesses, it is crucial that you create a strong online presence. This will allow your enterprise to connect with
If you have decided to take control of your own future and form a limited company, you may want to think about writing a shareholder’s agreement now, rather than waiting until later in your firm’s life cycle. Explaining further, Turner
If you run a small business, one of your key duties is to handle its tax matters. If HM Revenue and Customs (HMRC), believes that your firm is failing to meet its tax obligations, they will investigate. This could bring
If you set up a small business and work hard, there may come a day when you have the means to take your company to the next level and increase your profits. One of the best ways to do this
Your business’ intellectual property (IP) such as logos and designs which you use for commercial purposes, are extremely important. You can use your IP to edge out the competition and attract new business, so it is vital you safeguard your
It is one thing to become your own boss and start a business – it is quite another to take your company to the next level, so you can find new customers and increase profit margins. It is a good