Hiring your first employee can feel like a strange and daunting task for any small company owner, particularly as it means handing over a great deal of responsibility to another person.

When it comes to forming a limited company, one of the key decisions you face is choosing the best bank account to support your business.

Following the outbreak of COVID-19, the Government has unveiled a number of unprecedented support schemes. Here we look at the assistance available to limited companies.

After sole trader status, the limited company is the most popular business structure in the UK. Here we look at how many there are on the official register, and how the number of incorporated businesses have grown massively over the past decade.

If you want to sell your company at some time in the future, how do you know what it is worth? Even if you don’t use ‘traditional valuation methods’ when conducting a sale, it is vital to be able to demonstrate to a would-be buyer that you have an accurate and robust knowledge of all

Used to identify the key strengths and weaknesses of your company as well as any threats and opportunities, a SWOT analysis can help to work out what your business strategy should be.

Running your own small company can be the most rewarding experience for many – but there are risks involved, and many small businesses fail within the first few years. Good preparation is essential to give you the best chance of building a long-lasting and thriving business.

Whether or not you need a separate business bank account depends entirely on whether you are going into business as a sole trader, or setting up a limited company.

The answer to this much-asked question depends on where you live, whether you’re the property owner or tenant, and the kind of business you want to run from home.

Getting started has become both simpler and cheaper thanks mainly to app-based card machines. So, how exactly do card payments work and what are the best machines?