Almost every businessperson is looking to build their businesses and make more money – whether it’s more clients or selling more products. So why do some businesses make it so difficult to buy from them? Are you guilty of stopping people buying from you?
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Are giveaways at exhibitions useful or useless? The truth is; some are useful, some are useless. So what makes the difference? Here, Richard Edwards, director of Quatreus, explains that you need to work what you are trying to achieve first – promoting your brand, selling directly, or collecting customer data.
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How often can you declare dividends?

by James Leckie ·July 24, 2014

One of the questions many limited company owners ask their accountants is how often they can draw down dividends from their companies. Can you declare dividends on a monthly basis, for example?
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BackBliss is an innovative product which enables you to apply sun lotion to hard to reach places without having to ask for help! Its inventor, Caroline Wagstaff, tells us how she started up her company, the impact her appearance on the Dragons’ Den had on business, and why you shouldn’t be afraid to ask for help along the way.
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International bodies seem to be falling over themselves to upgrade their growth forecasts for the UK. The IMF recently hiked its predictions to 2.9% this year and the OECD to 3.2%.  This is all good news. But what does it mean for business owners?
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What is a Limited Liability Partnership (LLP)?

by James Leckie ·July 17, 2014

An LLP provides its members with limited liability (like a limited company), but they are taxed in a similar way to self employed partners. It is a popular business structure in professional occupations, such as accountancy and legal industries.
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Limited company or sole trader?

by James Leckie ·July 16, 2014

One of the first things you need to consider before starting up is whether to register as a sole trader (or partnership), or set up a limited company. There are significant differences between the two types of business structure.
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Limited company travel expenses guide

by James Leckie ·July 14, 2014

Your are bound to incur a variety of travel-related costs as a limited company owner. Most of these costs can be paid by, or claimed back from, your company.
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Almost all of us will have to deal with late paying clients and customers at some point or another, but new research from Bacs illustrates just how serious a problem overdue payments have become for the nation’s small businesses.
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If your company has experienced late payment problems, a statutory demand may prove to be a very useful method to encourage clients and customers to settle any outstanding debts. Here we look at what a statutory demand is, and the steps you must take to ensure that your demands are issued correctly.
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How to make your small company look big

by James Leckie ·July 8, 2014

Rapid advances in web technology over the past decade have made it easier than ever for small companies to compete on a more level playing field with their larger competitors. Here, we look at some of the cost-effective things you can put in place to make your small enterprise look like a larger business.
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We interviewed Alistair Callender, the founder of GATE8, which recently launched an innovative business luggage product which meets the hand baggage restrictions of all airlines. We asked him how he developed the brand, and how early criticism from a serial entrepreneur inspired him to transform the business.
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According to the latest Government data, over 1,000 companies have raised finance via the SEIS since its launch in 2012. So, why have so few business owners heard of the scheme, and what benefits does it offer businesses and potential investors?
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Company accounts – the Profit & Loss Account

by James Leckie ·July 3, 2014

A company’s profit & loss account is a record of all transactions that took place over the previous 12 months, and shows whether or not the business made a profit during the period in question.
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Entertainment expenses for limited companies

by James Leckie ·July 2, 2014

We look at the tax treatment of entertaining clients and employees – including the rules governing staff parties, and taking potential clients out for lunch.
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Guide to illegal dividends, and how to avoid them

by James Leckie ·July 1, 2014

Limited companies can distribute profits they generate via dividends to company shareholders. However, you must ensure that all dividend distributions are legitimate, otherwise you could fall foul of HMRC.
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Company accounts – the Balance Sheet

by James Leckie ·June 28, 2014

A balance sheet is one of the fundamental pieces of accounting information you will become familiar with as a company owner. It provides a snapshot of your company’s financial situation at a specific time.
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Data Protection Act essentials for business owners

by James Leckie ·June 26, 2014

The Data Protection Act 1998 is an important piece of legislation for consumers and businesses alike, and governs how your personal information may be used when you provide a profit-making company with potentially sensitive details such as your name, date of birth and address.
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What is Entrepreneurs’ Relief? The basics

by James Leckie ·June 25, 2014

Entrepreneurs’ Relief was created to incentivise people to set up and grow businesses by providing a reduced level of Capital Gains Tax on business disposals.
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According to the latest Government data, over 46,000 individuals have set up their own businesses via the New Enterprise Allowance, which provides mentoring and financial support to people on benefits who want to become their own boss.
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