Business structures are essential for tax purposes. If you’re looking to join the 4.3 million people in the UK who made the jump into self-employment, you might be wondering how to start your new business. Assuming you’ve weighed up the pros and cons involved and...
If you run your own business, it’s tempting to bring in your own family into the company. But it’s important to think through both the positive and negative implications of employing your family. Employing your own family members can help to reduce the overall tax...
In any business, it is vital to keep your top and bottom line healthy. This is particularly essential if you are a manufacturing company. As a fast paced industry, you need to be efficient in your manufacturing process – KPIs are necessary to ensure your manufacturing...
Are you struggling with late payments? All business owners know that cash is the lifeblood of any business. The key to improving your cash flow is to monitor your outgoings as well as your incomings – this means you need to manage your expenses as well as your sales....
Reaching international markets in 2021 and beyond. The UK has left the EU, and for British exporters, that presents both opportunity and uncertainty. There’s potential for businesses to branch out to new markets outside of the EU, but that comes with a new set of...
Business planning for 2021 is more difficult as we cannot predict the date of a return to normality or what will happen with Brexit just yet, however there are some practical steps you can take to minimise potential disruption to your business: 1. Review your budgets...
