• 16 things you must do before you start a new business

Since launching in May 2014, Snaptrip has transformed the last minute holiday rental sector. With total investment in the company now over $1 million in less than 12 months, the company’s CEO, Matt Fox talks through some simple ways to get your brand investment-ready.
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Common business valuation methods

by James Leckie ·March 25, 2015

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.
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The personality traits of a successful freelancer

by James Leckie ·March 24, 2015

If you’ve ever quit one job without having another one to go to, you’ll have experienced The Fear – that feeling of dread that the money might run out before you find employment.
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How to deal with late payment issues

by James Leckie ·March 23, 2015

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.
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Entrepreneurs’ Relief provides company owners with a preferential tax rate on qualifying disposals of business assets they have built up. The rules have been tightened following an announcement in the Budget, after evidence that the relief has been increasingly used as a ‘tax planning’ vehicle by non-entrepreneurs.
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During Budget 2015, the Chancellor failed to provide clarity for business owners over the future of the Annual Investment Allowance . They may have to wait until the end of 2015 to discover whether or not the current £500,000 level is going to be maintained.
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Budget 2015 – Key points for business owners

by James Leckie ·March 18, 2015

Here are the main announcements from Budget 2015, with a particular focus on measures which affect small businesses and company directors.
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What are the advantages of a limited company?

by James Leckie ·March 17, 2015

With over 1.2m limited companies operating in the UK today, compared to just under 3m sole traderships, we look at the advantages afforded to business owners who decide to trade via their own limited companies.
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Budget 2015 – how will small business owners fare?

by James Leckie ·March 16, 2015

With just days to go before George Osborne delivers his pre-election Budget, we look at the changes two of the UK’s leading tax experts expect the Chancellor to announce.
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What makes a great invoice?

by James Leckie ·March 13, 2015

When is the last time you updated your invoice template? If you haven’t looked at the details of your invoices in a while, it’s a great time to check that you’re meeting all of your legal requirements and helping your invoice stand out from the crowd.
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Protect your limited company with IR35 insurance

by James Leckie ·March 12, 2015

Limited company owners, particularly contractors, who want to protect themselves in the event of an HMRC status enquiry may decide to take out tax investigation cover. This is sometimes referred to as ‘IR35 Insurance’. Qdos Consulting is one of the leading providers of this type of policy.
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In this article, we look at the services most accountancy firms can offer to small businesses – with particular reference to limited companies.
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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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Entertainment expenses for limited companies

by James Leckie ·March 6, 2015

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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What is Entrepreneurs’ Relief? The basics

by James Leckie ·March 4, 2015

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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Writing is often seen as an obsolete skill, but for business people it is crucially important to be able influence, persuade and convince with our writing. And it all starts with effective planning.
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Andrew Jenkins, author of ‘You are more than you think’ looks at how you can become a better business owner by taking time out to re-connect with yourself and finding out what your true strengths and passions are.
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Limited companies – what is share capital?

by James Leckie ·February 27, 2015

The share capital in a private limited company is the amount of money invested by its owners in exchange for shares of ownership. Company directors are typically shareholders in their own companies. Shareholders exercise certain powers over how the company is run.
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Can I reclaim pre-company formation expenses?

by James Leckie ·February 26, 2015

A frequently asked question by company directors is which pre-company formation costs can be claimed back once the company has been incorporated?
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Whether your business is based out of your home, a local coffee shop or a beach hut in the Maldives, there are lots of ways to help your small business compete with the big players, and all you need is an internet connection. It is not necessarily about making your company appear to be something that it’s not, but about reaching a larger audience and utilising the tools that are available.
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