5 Tips for starting your business on a shoe string

Starting your business is exciting but also daunting. Many businesses are started whilst the entrepreneur has another job or business so as to mitigate some of the risk. There are many ways of reducing the cost of setting up and establishing a business before the financial risk becomes too big to handle. 1. Work from homeFinding affordable work space suitable for your business locally can be a … [Read more...]

Self-Employment Toolkit

Making the change from employed to self-employed is simultaneously exciting and daunting. What if it doesn’t work out? What if your business doesn’t survive? Thousands of people make the empowering decision to become their own boss every single year. To make the process a little easier we have put together the following Self-Employment Toolkit to provide all of the information you need … [Read more...]

Save up to 18% Capital Gains Tax with Entrepreneur’s Relief

Are you looking to take advantage of Entrepreneur’s Relief? You have spent valuable time and effort in nurturing your start-up or business into a successful operation and are now planning your exit strategy. When you sell your business you will be liable for Capital Gains Tax at the rate of 18-28%. However, under the tax rules of Entrepreneur’s Relief you can reduce this amount to just 10% … [Read more...]

Do I need an accountant for my part-time business?

Many people start a small business selling services or products whilst still working for another company, and think their business is too small to need an accountant. However, unless you are experienced in accounting and tax you may find yourself facing a very steep learning curve, whilst also trying to master being a business person and meeting your client’s expectations. If you don’t get … [Read more...]

Starting a business

Starting a new business is both exciting and challenging. Before you begin trading however there are a number of important decisions to make to ensure that your business gets off on the right foot and is best set for success. Before setting up your business, consider the following key questions: What type of business should your business be? There are several structures that your business … [Read more...]