The Latest news from Turner Little
When you start a business, it is essential that you find the right office space to operate from, as this can make the difference between failure and success. Turner Little outlines the key considerations of choosing your business’ first office
It is vital that you set up an email address for your business, so customers, clients and suppliers can contact you easily online. If you have created a website for your firm and registered its domain name, which Turner Little
HM Revenue & Customs (HMRC) recently launched a consultation on reforming the salary sacrifice schemes that companies across the UK utilise to reduce their employees’ tax bills. Salary sacrifice schemes Salary sacrifice schemes allow millions of workers to exchange portions
Finding launch funding is one of the key considerations of starting a business. You may wish to raise capital from investors by utilising the government’s Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS), which provide tax breaks to
There are a range of considerations involved in creating a limited company, from calculating tax obligations to attracting investor capital. You will also need to submit certain information to Companies House to set up your firm, but these requirements have
When you start a business, it is essential that you use trademarks to protect your firm’s key intellectual property (IP) assets. In order to utilise trademarks effectively, it is vital that you familiarise yourself with UK trademark law. Turner Little
As your company expands, you may wish to seek help to handle the extra workload. Rather than hiring more staff, which could significantly lower your profit margins, think about outsourcing work to established professionals, which can often prove more cost
Trusts can serve as flexible and versatile vehicles for holding and managing your assets. Before you set up a trust, however, you should learn about the different types of trusts available, so you can utilise them effectively. Turner Little asks:
If you wish to set up a limited company in the UK, you are required to provide certain information when registering the firm with Companies House. With the Small Business, Enterprise and Employment Act 2015 recently coming into effect, the
If you have a good business idea, you can turn it into a thriving start-up. But first, you need to conduct extensive market research to determine whether your idea has the potential to attract consumers in your desired market. Turner
Turner Little reports on the findings of new research, which suggests that the majority of British small companies do not fully understand employment regulations. Auto enrolment According to The Pensions Regulator, many companies are failing to fulfil their auto enrolment
Your business’ name is one of its most important assets. It is key that you conduct research and plan thoroughly when selecting a company name, so you can stand out from competitors and develop a strong brand identity which appeals
Major multinationals such as McDonald’s, Sony and Coca Cola use sports sponsorship as a major marketing tool. But you do not have to be a large firm to engage in sports sponsorship, with a relatively small investment you can utilise
As a small business owner, it is key that you keep track of upcoming government legislation. This will allow your firm to trade effectively, without incurring financial penalties. You should take note of the fact that you now have to
UK Chancellor George Osborne has announced that the nation’s corporation tax rate will be cut significantly, to encourage investors to do business in Britain. Turner Little comments. Corporation tax If you establish a limited company, you can ensure that your
On the 23rd June, the UK voted to leave the EU (often referred to as ‘Brexit’). Many experts have called this development an economic disaster, but others are now arguing that it could prove advantageous to some UK-based companies. Turner
Your intellectual property (IP) rights are one of your firm’s most lucrative assets. Therefore, it is vital that you safeguard your IP at all times, to ensure you continue to generate revenue and retain your ability to compete with other
You should consider all company formation options when starting a new business. By taking this approach, you will ensure that you choose the right creation model for your circumstances, enabling success. You may want to consider setting up your firm
Email marketing is a great way to generate awareness, leads and sales for your business. Data from IPSO Mori shows that 79% of those surveyed have used email in the past three months, illustrating the overarching reach of an effective
It is key that you respond to your customers online. By pursuing this strategy, you can meet consumer expectations for excellent service and accrue the feedback required to improve your operation. Turner Little explains how best to manage and respond