Your personal resolve to keep up that workout routine might be fading, but it’s never too late to make achievable resolutions for your small business! January is still an excellent time to review your progress in the previous year, and think about what goals you want to achieve in the coming year.
Emily Coltman FCA, chief accountant at award-winning accounting software FreeAgent, suggests six straightforward resolutions to help your small businesses bloom in 2018.
What is Self Assessment and how might it affect you as a business owner? Emily Coltman FCA, chief accountant to award-winning online accounting software provider FreeAgent, explains all.Continue reading →
For a business looking to get the most out of office floorspace, an element of sharing can make perfect sense. After all, why pay to accommodate workstations that are empty for much of the time? But employees can sometimes be less enthusiastic, and the culture of possession (“This is my seat and my desk”) can be hard to shake off.
You want flexibility, but equally, you don’t want hotdesking and other forms of space sharing to turn your workforce into an army of disgruntled nomads. So here’s how your choice of office and working practices can prevent that from happening… Continue reading →
Did you know that 73% of UK employees don’t use up all of their annual leave? That means that only a quarter of us are actually making the most of our time off allowance. It’s no wonder that more people than ever are reporting feelings of burnout, listlessness and tension at work.Continue reading →
If you’re thinking of structuring your business so that it enjoys the benefits of limited liability, you have a choice of three different options; a company limited by shares, a company limited by guarantee, or a limited liability partnership.
Emily Coltman FCA, chief accountant to award-winning online software provider FreeAgent, explores the difference between these three.Continue reading →
Whether its clients “forgetting” to pay, stalling for time before settling their bill – or sometimes just deciding not to pay you at all – having to chase up money that’s rightfully yours is frustrating and time-consuming. And the problem of late payment is more widespread than you might think – the UK government estimates that small firms are currently owed around £26bn in late payments, while the process of chasing debts costs these businesses millions of pounds more. Continue reading →
In the first part of our interview Lord Young gave his opinion on what makes a great entrepreneur and his most recent initiative, Start Up Loans – and how it has created opportunities for small businesses which did not exist before. In this week’s post Lord Young gives his views on the possibility of a tech giant emerging from the UK and what he thinks of the EU (amongst various other things). Let’s get started. Continue reading →
Lord Young has had a remarkable career in both the business and the political worlds, serving under various conservative governments and acting as the Secretary of State for Employment. He has spearheaded multiple initiatives including Start Up Loans, was an Enterprise Adviser to David Cameron and has written a number or vital reports about the small business landscape in the UK. Towards the end of last year we were lucky enough to sit down with him and discuss ‘business’. Continue reading →
James Crowther owns one of Europe’s 20 million SMEs. Utilising his background in finance and fleet management, James’ vehicle brokerage business, Trade Vehicles Direct, finds clients the best deals on cars by sourcing direct from suppliers. His negotiation skills and industry relationships are key to his success and have allowed him to grow fast in his niche. Unfortunately, he struggled to fund the rapid growth since the main banks struggled to analyse his model and fit his business in a convenient box. Continue reading →