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

If you’re self-employed, you can claim for a wide range of expenses against your tax bill, although you have to be careful to only apportion costs which have been genuinely incurred in the running of your business.
[read the full article]

When you set up a new limited company for your business, you will also need to set up a business bank account. Here we look at the practicalities of opening a new account.
[read the full article]

The 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]

Business planning can be a useful process for the successful company. The key to business plan success lies in being realistic from the start, and treating the plan as a ‘living document’ – something to measure your achievements against, and to update and amend as the business inevitably changes over time.
[read the full article]

If you are thinking of setting up a limited company some time in the future, is there a way of ‘reserving’ a specific company name, without having to take on the obligations of running a live company?
[read the full article]

Given that more start-up businesses fail than succeed, we have compiled a list of some of the most common mistakes made by business owners.
[read the full article]

Choose between forming your own limited company, or becoming self-employed (a sole trader), with the help of our comprehensive comparison table, which describes the advantages and disadvantages of each business structure.
[read the full article]

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]

Simon Philips, author of an absorbing guide to professional networking, explains just how much a potential client can find out about you from your LinkedIn profile, and how you can use this to your advantage.
[read the full article]

When most people refer to a ‘company’, they usually mean a private limited company which has shareholders. However, there are several other types of company which all serve a different purpose.
[read the full article]

Professional indemnity insurance will protect you against claims made by past or present clients as a result of mistakes you may have made while carrying out your work.
[read the full article]

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]

International negotiator and author, Derek Arden, takes a look at the art of negotiation by email – how to remain business-like and courteous, whilst getting your points across in a persuasive and concise way.
[read the full article]

Given the number of potential misfortunes a typical limited company owner may encounter during the lifetime of a business, it will come as little surprise that insurance companies can provide dozens of different types of policy to cover pretty much any eventuality.
[read the full article]

Whether you have decided to sell or buy a company, or simply want to know how much your company might be worth, there are a number of conventional ways to value a business.
[read the full article]

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?
[read the full article]

If you pay income tax via self-assessment, and have a tax liability for the current year, you may need to make advanced payments for the following tax year too – known as payments on account.
[read the full article]

Once you’ve started up a new venture, you’ll need to ensure that you have banking facilities in place before you can start trading. So, do you need to set up a separate bank account for your business, or can you use your own personal bank account?
[read the full article]

Leading business coach, Belinda Waldock, explains why traditional meetings are often unsuccessful, and how you can use agile methods to achieve far more when you meet colleagues or clients.
[read the full article]

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]

Business Owners' Digest

Get our latest business news and tips delivered to your inbox!

We will never pass your details onto anyone else. Unsubscribe at any time. More Details