5 Ways to Get your Clients to Pay on Time
For many small businesses, cash flow is essential. That means getting paid on time so that you’re not facing overdraft charges, or are unable to pay crucial bills on a regular basis.
Not only does this cause hassle that you have to deal with, meaning time-out from your business, but it can also impinge on your ability to get future finance from your bank or building society. And that’s not good for the long-term picture as far as your business is concerned. As a result, we’ve listed five ways right here that you can make sure that money continues flowing into your bank account
Annual Parties and Tax Exemptions
If you are planning to hold an annual Christmas office party this year, don’t forget about the tax exemptions you are entitled to. You can easily save some money on your tax bill, but you have to ensure you follow the rules, otherwise you could end up missing out. Here’s what you need to know about annual parties and tax exemptions.
5 Classic Small Business Tax Mistakes to Avoid
If you run a small business, one thing you’ll want to get right is your taxes. You don’t want to avoid paying any taxes you should be paying; but you don’t want to pay more than you need to either, which can hurt your profitability. You can start by avoiding these five classic small business tax mistakes.
7 Ways to Fund Your Startup
Launching a new startup is an exciting time for anyone. But startups will nearly always need some funds in order to get up and running, so how can you fund your startup? Here are seven options to consider.
Hiring Your First Employee: What You Need to Know
If you have been running your business on your own for a while, there may come a time where you arrive at the point where you need to hire an employee. But hiring your first employee can often be a confusing process and you may be unsure how to get started. Here’s a...
Running Your Business Remotely: Top Tips and Best Tools
More and more people are working remotely these days. But while some people work remotely for employers, it’s also possible to run your entire business remotely. So how can you do this effectively? Here are some top tips and tools for running your business remotely....
Starting Your Own Business: Key Questions to Ask Before Taking the Plunge
Many people want to start their own business at some point in their lives. The thrill of going it alone and being your own boss means there’s a lot to like. But sometimes your business idea may not be right, or maybe starting your own business is not the right...
Achieving sustainable growth for your business
Growth is good. If a business isn’t growing, it’s dying. And many SME owners are in it for the long run – they’re not looking to sell their business as soon as it becomes profitable. Long-term success depends on finding a company’s sustainable growth rate, or SGR....
What is a shareholders’ agreement & do you need one?
If you have set up a company, or you are thinking about doing so, you may have heard about a shareholders’ agreement. But what exactly is this, and do you need one? Here’s our guide to what you need to know. Overview of a Shareholders’ Agreement A shareholders’...
VAT for Small Businesses: What You Need to Know
Getting your VAT in order is something you’ll have to do if you run a small business. While not all small businesses need to pay VAT, there’s a good chance that you will. And although it can be quite simple to understand, it can get complicated. So what do you need...