A good business plan sets out what you want to achieve and how you intend to make it happen in clear and simple terms. It doesn’t have to be a hefty document and definitely shouldn’t be long-winded, especially if you’re trying to persuade your bank to fund your enterprise, attract new investors, or motivate staff.
Running your business
If you’re starting a new business, or thinking of setting up a company, how do you know if it’s the right thing to do? Here we look at the key steps you will need to take before and after setting up your business.
As a business owner, you are probably aware that you must automatically enrol any employees into a workplace pension scheme. Here we look at how the new pension rules work, and explain why many small companies are exempt.
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.