Category: Business Basics

16 October 2024

Should HMO or buy-to-let landlords set up a limited company?

There are several considerations to take into account when deciding whether or not to set up a limited company for your HMO or buy-to-let business. Some key factors to consider are the level of personal liability you’re willing to accept, the tax implications, compliance requirements and mortgage relief.

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9 September 2024

5 essential steps to successfully establish and grow your new business

If you are embarking on the exciting journey of starting your own business, then we wish you many congratulations! As you navigate the path to entrepreneurship, it’s crucial to lay a solid foundation that sets your venture up for success and sustainable growth. Here are five important steps to consider as you establish and grow your new business…

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7 August 2024

Increasing your profit – why it’s not the same as growing sales

A business can increase turnover by simply selling more products or services, but if costs increase at the same rate or faster, profitability may not improve or could even decline.
So, how can you improve profits in your business? Here are 4-ways…

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6 June 2024

Avoiding Business Pitfalls: 7 things you should NOT do as a business owner

As a business owner, you’re constantly juggling multiple responsibilities and facing a myriad of challenges. While there are countless strategies for success, it’s equally important to be aware of potential pitfalls that could derail your efforts.
In this article, we’ll explore seven common mistakes that business owners should avoid at all costs.

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8 May 2024

Are you better off as a Limited Company or a Sole Trader

When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider.

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14 March 2024

Navigating uncertainty: Key considerations for your business

According to the Office of National Statistics the UK is now officially in recession. Recession is defined as a fall in Gross Domestic Product (GDP) in two consecutive months.
Is it all doom and gloom?

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19 February 2024

Adapting to Change: Essential Strategies for Business Success

Businesses that embrace change as an opportunity rather than a threat are better positioned to thrive in today’s dynamic environments.

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3 March 2020

Financing your business – part 2

Are you ready to grow?

If you are, then financing your business is an important part of this.

There are several options available, and this is the second blog giving you an overview of what these are, so you’re informed and can start researching in more depth the right option for your business.

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21 February 2020

Financing your business – Part 1

Are you ready to grow?

If you are, then financing your business is an important part of this.

There are a number of options available, and over the next two blogs I’ll be giving you an overview of what these are, so you’re informed and can start researching in more depth the right option for your business.

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5 February 2020

Services, Systems and Tools

You’ve just started out in business. It’s just you (or maybe you and a business partner). There isn’t much going on. Everything is in your head and it all gets done.

But what about when it gets busy?

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21 January 2020

Budgeting in an uncertain time – Part 3

The final furlong of creating your budget, is to ensure you have a crystal-clear forward and backward plan laid out.

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12 January 2020

Budgeting in an uncertain time – part 2

You’ve completed all of the essential preparation work for your 2020 budget, and now it’s time to put pen to paper (or fingers to keyboard – whatever your preference) with some facts and figures.

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17 December 2019

Budgeting in an uncertain time

Things every business needs to know – part 2 Why does a budget matter?  Let’s be honest when it comes to working to a budget, things don’t always go exactly to plan! There are so many variables involved that it’s...

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3 December 2019

Things every business needs to know

Keeping on top of everything as a small business can feel a bit like a game of ‘whack-a-mole’ sometimes. Just as you feel you’ve got on top of one topic, up pops another one that needs attention.

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