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 [...]
Buying a business - before, during, and aftercare If you’re looking to buy an existing business, there are plenty on offer. But it’s a situation that comes with significant financial risks. Therefore, finding someone to give you guidance throughout the process could save you a significant amount of money. Before you buy Buying a business [...]
To be valuable, you need to understand valuation Business value is a term that many of us use several times a day. Above all, we want to increase our business value and we believe our business to be valuable. This is often because our companies are a part of us. To us, they have huge [...]
Finding the right accountant for your business is easier than you think Choosing an accountant is a huge decision. You’ll spend a lot of time thinking about whether you can afford them or whether it is better for you to do your own taxes, but after realising you have no idea where to start, you [...]
The HMRC minefield: The only navigation map you’ll need as a sole trader Navigating your tax duties can be confusing, especially for those who are new to the system or who are transitioning to a new type of business ownership. That’s why we’ve put together this brief guide to help sole traders on their way [...]
Top ways small business owners can pay less tax For small businesses, taxes can be such a burden that business suffers. But, in 2019, there are ways you can make sure you stay in control of your taxes and even find ways to pay less tax. Here’s how... Register as a Limited Liability Company Just [...]
The downsides of having a business partner There are a lot of benefits to having a business partner. However, these partnerships can be the beginning of the end of business and friendships if you don’t give them enough forethought and planning. Choosing whether to partner up is not a decision that should be taken lightly. [...]