16 things to consider before you start a new business

by James Leckie ·September 19, 2014

Using our experience of working with small companies over the past decade, we’ve complied a no-nonsense list of 16 things your should consider before taking the bold decision to start up a new business.
[read the full article]

Starting up and dealing with change in your business

by James Leckie ·September 18, 2014

When going through any change – be that changing an established organisation that is up and running or growing a business, you need to think about 4 factors that will make your change successful.
[read the full article]

Limited company names and trade marks

by James Leckie ·September 17, 2014

When you register a company name, your name is not automatically protected by trade mark law. Similarly, if you have a trademarked brand name, you may not necessarily be able to register the brand as a limited company name. So what are trade marks, and how can you protect your company name?
[read the full article]

Have you got what it takes to become an entrepreneur?

by James Leckie ·September 16, 2014

If you’re thinking of setting up a new business, but don’t know where to start, you should first consider whether or not you have the right characteristics to become an entrepreneur, before generating potential business ideas.
[read the full article]

A new book, “The Leadership Shadow”, by Prof Erik de Haan and Dr Anthony Kasozi, contains some interesting insights into what makes a good leader, and how to identify what sort of leader you are. In this extract, we look at some specific character traits displayed by business people – from the ‘charming manipulator’ to the ‘simmering stalwart’.
[read the full article]

The role of business angels (and ‘dragons’) has been publicised a great deal in recent years thanks to a growing number of ‘entrepreneurial’ TV shows. For many growing businesses, angel investors can provide numerous benefits, although you should also be aware of the pitfalls.
[read the full article]

With the days of a ‘job for life’ long gone, and the ranks of the self-employed growing stronger by the day, should graduates consider starting up a business as a worthy alternative to the traditional corporate career path?
[read the full article]

How does the self assessment process work?

by James Leckie ·September 8, 2014

If you are not a traditional ‘employee’ – i.e. you are a company director, self employed, or have additional earnings which have not been taxed though you employment, you will need to complete a self assessment tax return.
[read the full article]

Promoting your company and raising public awareness is often the first step in building a successful small business. One of the ways you can do this is by drawing up a marketing strategy. Here are some tips for creating your strategy, including a useful infographic.
[read the full article]

Common business valuation methods

by James Leckie ·September 3, 2014

In the understandably subjective world of business valuation, there are several traditional methods which are used for establishing the value of a company, based mainly on financial data.
[read the full article]

How to deal with late payment issues

by James Leckie ·August 29, 2014

Late payment is one of the leading causes of business failure. When the cash stops flowing, many firms  – even successful ones – could be forced out of business. Keeping on top of your cash flow should be a priority for all business owners.
[read the full article]

Temporary workers offer the perfect short-term staffing solution for many small businesses – without the financial and legal obligations of taking on full-time employees. Here we look at your legal responsibilities when you take on different types of staff – agency, fixed-term and zero-hours workers.
[read the full article]

5 apps every small business owner should use

by James Leckie ·August 27, 2014

If you’re looking for an easier way to invoice, collaborate, communicate, email, or share pretty much anything online, chances are you’ll be able to find an app to serve your needs. Even better, many are free – and  if not, you can download many of the best business apps for just a few pounds.
[read the full article]

How many directors must a limited company have?

by James Leckie ·August 26, 2014

Company law determines how many officials must be appointed to run private and public companies in the UK.
[read the full article]

Dismissing an employee – procedures you must follow

by James Leckie ·August 21, 2014

Issues surrounding employment law can be a potential minefield for employers – especially if you don’t follow the right procedures. Here, Kirsty Burgess from citrusHR explains what small business owners need to bear in mind if they decide to dismiss a member of staff.
[read the full article]

How does the flat rate VAT scheme work?

by James Leckie ·August 20, 2014

Several VAT schemes are open to business owners depending on their financial profile. The flat rate scheme was created to make VAT accounting simpler for qualifying businesses, by allowing them to pay VAT at a fixed percentage of turnover rather than on a transaction by transaction basis.
[read the full article]

Running a small business from home

by James Leckie ·August 19, 2014

More and more people are setting up their own businesses from home, thanks to major advances in web technology, and the realisation that there is no such thing as a ‘permanent’ job any more.
[read the full article]

New measures to help home-based businesses

by James Leckie ·August 18, 2014

In recognition of the rapidly changing face of UK employment, the Government says it will implement new legislation to encourage business owners who start up from home, including protection for those working from rented accommodation.
[read the full article]

Franchising basics – the pros and cons

by James Leckie ·August 15, 2014

Franchising is a very specific business structure – it can be easiest to think of it as a kind of licensing, allowing an individual to run a company of their own, but using another company’s brand name, trademarks and suppliers.
[read the full article]