Limited Company Help
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Remote working brings many benefits for both the employer and employee, and, thanks to technology, it is steadily on the increase. But it does come with some challenges. So how do you ensure you’re getting the most from remote team?
There are many funding options available to help you launch a new venture or grow your existing enterprise in the UK. One such source, the government-funded Start Up loan scheme, has been around for a number of years and remains a popular choice for many budding entrepreneurs.
When you launch a new business, there will be a period of time where you will have to finance your venture before it becomes profitable. Here, we look at 10 funding methods used by small business owners, and we consider the pros and cons of each one. Personal savings Most small businesses rely on personal
Running your own small business can be very rewarding but it can also be pretty stressful. One aspect that contractors often worry about is being diagnosed with a serious illness and having to be off work for a lengthy spell. The financial consequences of this can be potentially disastrous, adding to fears for the future,
Creating a buzz about the goods and services your company offers, or being recognised as an innovator, is a great way of generating potential opportunities for your company. The question is, how do you spread the word about what you do without spending a fortune on advertising or hiring a PR specialist? Many small businesses
There are four main venture capital schemes backed by the government in the UK: The Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), Social Investment Tax Relief (SITR), and Venture Capital Trust (VCT). Each of the schemes has different features but they all are designed to help raise funding for small to medium sized
As a small business-owner you may have already marked 25th May 2018 in your diary as the day when the European General Data Protection Regulation (GDPR) becomes official. But what exactly is this new piece of regulation meant to achieve and what in particular does it mean for small businesses in the UK, even those
Grants come in all shapes and sizes and can be especially beneficial to small businesses or start-ups. Not only can a grant help you save money, lower costs and help grow your business, grants are often non-returnable or come in the form of a soft loan with low interest rates, or are interest-free. Other types
There is no single right way to produce a great business plan but there are a few definite things to avoid at all costs. Steer clear of the following ten common mistakes and you’ll increase your chances of convincing potential investors that you really do mean business. 1. It’s not all about you Your personal
If you think issuing press releases in the digital era is a bit old school, it’s time to think again. Yes, every day there are countless numbers of press releases written and many are binned even before they are read, but a well written press release remains a highly effective way to generate free publicity
Keeping a grip on cashflow can be the difference between thriving and surviving for a small business. While having a supportive bank can help bridge the cashflow gap, another type of small business finance definitely worth considering is invoice financing. This is the collective term for factoring and invoice discounting, two services which facilitate the
Whether you’re an established small business or a start-up about to launch your enterprise in a competitive market, one of the key ingredients you need to succeed is a unique selling point. Some would go further than that and say having a USP is the key to success, and is more important than anything else,
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.
Crowdfunding is an alternative funding solution that bypasses the bank and appeals directly to would-be investors in your venture. Using the internet, entrepreneurs, start-ups and anyone else with a hot business idea or community project, can talk to thousands of potential investors with just a few clicks. It’s still a relatively new concept, so how
Late payments can cause small businesses a serious cash flow headache and in some cases, lead to the company going out of business altogether. Recent research showed that by the end of 2014, SMEs in the UK were owed some £39bn collectively and in a recent poll of 1,100 businesses carried out by YouGov, 85%
One of the difficulties you can face when trying to raise finance for your business is knowing which type of product to choose. Ideally, you want a funding package that fits your business and gives you the level of finance you’re comfortable with servicing. Of all the funding solutions on the market today, asset finance