Get Britain Working White Paper
The government has unveiled some significant reforms to employment support, underpinned by a £240 million investment.
Balancing Salary and Dividends: Navigating Profit Extraction Amidst Autumn Budget Changes…
If you trade as a limited company, then you will likely know that balancing salary and dividends is key to extracting profit from your company in the most tax-efficient way.
The countdown is on…
No, we’re not sounding the alarm for an apocalypse—promise! But with just about 2 weeks left in 2024, the clock is ticking. It’s crunch time to wrap up loose ends, hit those targets, and get your festive plans in gear. Let’s make these final weeks count!
Is Your Bank Troublesome?
A strong relationship with your bank is a crucial part of the success and stability of your business.
Why are KPI’s important?
As a small business owner, it’s easy to get caught up in the day-to-day operations
and miss the bigger picture. You might rely on gut feelings or a quick glance at your
bank account to determine how well your business is doing.
Business acquisition: What due diligence should you consider?
When in business, it’s not uncommon to be approached by another business with a view to you buying the business or entering a partnership deal. It might be a competitor that approaches you, or it could be a customer or supplier.
Getting help with redundancy: The Redundancy Payments Service
Due to economic uncertainty (perhaps caused by the General Election, civil unrest in the UK, war in Ukraine etc) we are seeing a variety of businesses being tested, and some, unfortunately failing.
Funding options for SMEs
Research has indicated that half of small business owners have had to raid their savings to fund their businesses. With interest rates as they are, this isn’t a terrible strategy, but it can be limiting and carries risk.
Admitting a new partner into the partnership: What should you consider?
When admitting a new partner to a business, consider the reasons, such as facilitating a partner’s retirement, involving the next generation in a family business, or promoting a valuable employee. Here are key considerations to keep in mind.
What can businesses do to reduce the impact of economic changes?
We seem to be operating in an environment of constant flux, and in the wake of the election, we should expect the unexpected as well as those who have planned investment strategies “on pause” whilst the proverbial dust settles.