2020 named ‘Year of the Start-up’ with record 770,000 UK businesses created A huge 770,000 new businesses were created in 2020, with the majority of these being online businesses. Starting a business is an exciting time but the learning curve can be huge, fortunately we are here to offer a helping hand and support. Here …
Are limited resources stunting your growth?
When a business is trying to grow there is often a limited resource that prevents it doing so. The one that immediately comes to mind is customers or, more accurately, a lack of customers. However, for many, a lack of customers is not the main issue; there is some other limiting factor that prevents them …
Small business news roundup-30th April 2021
150 UK small business grants to apply for right now – UPDATED Are you a small business in need of some funding? The Prince’s Trust Enterprise Programme Under the Youth Can Do It scheme, The Prince’s Trust is working with 18-30-year-olds to help them develop their businesses. The programme is divided into four sections: Info …
FREE review – What is the best bookkeeping package for you?
Bookkeeping is often seen as a necessary evil for business owners – something that you must do to make sure the accountant and the taxman are kept happy. The task is often time consuming, labour intensive and prone to error. But things have changed! Are you are using any of the following methods for your …
Small business news roundup-23rd April 2021
Mortgage scheme launched for 5% deposits A new government scheme is allowing high street lenders to offer mortgages with a deposit as little as just 5%. This is to allow more first-time buyers to secure a home and get onto the property ladder, whilst also helping people cope with the increasing house prices over the …
A £ saved is worth more than a £ earned
In every business for every £1 made in Sales only a small % is yours to keep. This is because there are direct costs incurred when making each Sale. For example, you may have to pay direct labour, direct materials, bank charges etc. So, for that £1 in Sales your business may only see 50% …
Small business news roundup-16th April 2021
Exports to EU partially rebound after January slump – as wider economy returns to growth Trade levels have been affected – not only by the Brexit transition period, but also COVID restrictions. The Office for National Statistics confirm that, although there was a 46.6% rise in EU export sales in February, they are still well …
Is it a bird? Is it a plane? No, it’s a Super Deduction!
For capital expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments. Under the super deduction, for every pound a company invests, their taxes are cut by up to 25p. For example, a Limited Company that purchases a new £10,000 van …
Small business news roundup-09th April 2021
Covid: Shed and garage offices pose insurance risk With the pandemic changing the way everyone works, many companies are opting to keep the “work from home”. However, reports suggest that some people may not be covered by home insurance if something goes wrong. “While some insurers have allowed people setting up in business at home …
Construction Businesses Support – Introducing I-Construct
I-Construct is a government-backed project, designed to help local companies access opportunities in the construction market and develop new products and services within their businesses. How could my company benefit from the I-Construct programme? Network All eligible SME companies will become members of the I-Construct Network, which is worth up to £800 per year. Through …