The Latest news from Turner Little
Using financial models to forward plan for potential business outcomes used to be reserved for big businesses only. Modern accountancy is changing that landscape and making scenario planning relevant for even small businesses. Developing technologies While small businesses used to
All businesses should have a contingency plan. Here’s why. It’s hard to ignore the news these days and the events in the UK and London in particular have shown that situations can, and do, change without prior warning. From cataclysmic
Without customers, you don’t have a business. They’re the lifeblood of your success and that’s why generating leads and retaining current customers is essential. But how do you keep generating new leads? It’s something many small business owners worry about.
A mixed partnership is a business strategy in which, for example, you form a limited company to manage your properties. This limited company becomes a formal partner in your business. This business structure is ideal for people who manage their
New research from the University of Edinburgh Business school and RWTH Aachen University shows that entrepreneurs who write early stage business plans are 16% more likely to succeed. The report examined more than 1,000 start-ups and the progress made over
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
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 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
If your business’ annual turnover eclipses a specific threshold (currently £85,000), you will have to register for Value Added Tax (VAT), which could raise tax costs for your firm. As a small business owner, however, there are various VAT schemes,
If you have set up a limited company cultivate a strategic hiring plan, to ensure the best and brightest can help make your firm a success. One of the first staff members you should consider taking on is a non-executive
It is key that you set up and manage email addresses for your firm, so you can interact with customers, allowing you to sell more products and services. A key consideration is prefixes, as the word you put before the
Finding launch capital is one of the basic considerations of starting a company. You will need to open a bank account for your business, in order to manage your start-up cash effectively but if you choose the wrong provider, you
If you form a limited company in the UK, you’re required to pay corporation tax to the government. Here Turner Little discusses the following question; how much is corporation tax for small businesses? What is corporation tax paid on? The
Turner Little explains how VAT affects a business. VAT is a tax the government requires the majority of suppliers to charge consumers on their products. Registering for VAT UK business’ whose annual turnover exceeds a certain threshold (£82,000 at present) are