Blog

News

1510, 2019

How to save yourself when you’re the business owner

October 15th, 2019|Tags: , , |0 Comments

How to save yourself when you're the business owner When it comes to business, there’s a lot to keep track of. The reason so many SME owners are chronically stressed is partly to do with how much paperwork, new regulations, networking events, changes in the market, and accounting there is to do. This can really take its toll on how fulfilling and enjoyable you find life as a business owner.  [...]

810, 2019

Better the devil you know: the pros and cons of hiring someone you know

October 8th, 2019|Tags: , , , , |0 Comments

Better the devil you know: the pros and cons of hiring someone you know Hiring family or friends can be tricky to navigate; both for yourself and the person you’re hiring. On paper it sounds great: you know their strengths and weaknesses and can count on them. But in reality, you’re running the risk of ruining personal relationships and having your business suffer if things were to go pear-shaped. When [...]

110, 2019

Keep calm and carry on: managing your mental health as a business owner

October 1st, 2019|Tags: , , |0 Comments

Keep calm and carry on: managing your mental health as a business owner In the UK, mixed anxiety and depression is the most common mental health issue, with 7.8% of people diagnosed with it. Even more concerning is the fact that entrepreneurship and mental health are negatively linked. By which we mean the former can lead to the latter. One study found business owners are at higher risk of ADHD, depression, and [...]

2409, 2019

Asking the hard questions: are you ready to buy or sell a business?

September 24th, 2019|Tags: , , , |0 Comments

Asking the hard questions: are you ready to buy or sell a business? While businesses changing hands is a common occurrence in some industries, it can also be a big decision with far-reaching consequences. Even if change and progression is the name of your game, it can still be difficult to decide whether it’s the right time to sell your business or buy a new one. There will always be [...]

1709, 2019

Limited company or sole trader: The basics

September 17th, 2019|Tags: , , , |0 Comments

Limited company or sole trader: The basics A big decision when starting a new business is whether you want to proceed as a limited company or sole trader. In the UK, 60% of businesses are sole traders, while 33% are companies. But just because registering as a sole trader is the most popular choice doesn’t mean it’ll be the best one for you. Both options have advantages and disadvantages worth [...]

1009, 2019

The end of the inheritance tax? What is the proposed lifetime gift tax?

September 10th, 2019|Tags: , , , |0 Comments

The end of the inheritance tax? What is the proposed lifetime gift tax? Inheritance tax is probably one of the most controversial taxes in the country. There are good arguments on both sides why it should or shouldn’t exist. Those in favour often claim it’s a way of tackling inequality, helping prevent the pooling of wealth within certain families. Others claim it’s unfair, and parents work hard to ensure their [...]

309, 2019

Steps to improve your employee productivity

September 3rd, 2019|Tags: , , , |0 Comments

Steps to improve your employee productivity Having a high level of employee productivity is one of the best ways to maximise your outputs and profits. When your employees are productive, you get more for the money you pay on their salaries and other employee-related expenses. Despite this, Britain is 15% less productive per employee than the average of its EU competitors. So what are the best strategies to ensure you have [...]

2708, 2019

How to be the bad guy in your business

August 27th, 2019|Tags: , , , , , |0 Comments

How to be the bad guy in your business If businesses were full of only ‘nice guys’, they wouldn’t be very efficient or successful. You need to make difficult decisions in order for your business to progress. People need testing, disagreements need addressing, and any deadweight needs removing. The qualities associated with success aren’t always the most likeable. Part of being a leader is making tough decisions. Chances are you’ll [...]

2008, 2019

How to manage the fear of setting up your own business

August 20th, 2019|Tags: , , |0 Comments

How to manage the fear of setting up your own business No matter how much experience, financial backing, or good luck you have behind you, setting up your own business is a terrifying prospect. You’ve left your previous job and lost the steady income. How do you know this won’t fall apart in a few months’ time? You have kids to feed; what if you’re not good enough? In the [...]

1308, 2019

Is your business ready for a valuation?

August 13th, 2019|Tags: , , , , |0 Comments

Is your business ready for a valuation? Some people say a business is only worth what someone wants to pay for it. But to avoid being undervalued, there are several ways to assess and improve your business. Deciding how much your business is worth is crucial if you want to sell or negotiate a deal. An accurate valuation can help you: Secure investment - Investors want to see realistic figures [...]

Load More Posts