What are the tax implications of selling your business?

What are the tax implications of selling your business?

Whether you’re looking to retire or move on to a new venture, selling your business is a big decision. When you sell your business, you can either sell the assets (trade) or sell the company shares. Each method has distinct tax consequences. If you’re incorporated as...
How to turn a side hustle into your dream job

How to turn a side hustle into your dream job

The fundamentals of setting up a business. A side hustle is a piece of work or a job that an individual can get paid for in addition to their main job. In this guide, we’ll explore the key steps to help you confidently turn your side hustle into a full-time job. From...

Bringing Your Cash Flow Processes Into the Digital Age

Keeping on top of your cash flow is even more important during tough economic times. With a global slowdown on the cards, energy prices soaring and supply chain challenges, cash is likely to be tight over the coming year and beyond. Cloud technology and fintech apps...

Business Exit Strategies: how to leave your business in good hands

A business exit strategy is a plan for what will happen when you want to leave your business. A lot of people think of an exit strategy as a plan to guard against disaster or something that has to be carried out right away after its conception. But this usually isn’t...
Business finance options amidst interest rises

Business finance options amidst interest rises

Most businesses, regardless of their size or sector, periodically rely on external funding to maintain operations, invest in new equipment or projects, and ultimately achieve sustainable growth. The economic landscape of recent years, marked by unprecedented global...

Company Year End Preparations: time to get ready

As your company year end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a good idea to get yourself organised and ready. There are several things to check, either on the year end date, or before the end of...