Have you factored in business insurance into your business plan and costings? It is a vital component of your business and you need to ensure that you have the right level of insurance to stay within the law and to protect your business.
As with most insurance types, business insurance is used to protect the business and the business owner, should unforeseen events happen to the business. The trick is to make sure that your business is covered for those events that are most likely to happen and…
The paperwork and "list of things to do" can be daunting when setting up your business but all businesses must keep a record of their accounts for tax and auditing purposes. Self-employed freelancers don’t need to keep official accounts but do need to keep a record of income and tax-deductible expenses. Keeping on top of these accounts is paramount to your stress-levels! Don't leave them until the last minutes. It's a good idea to have a systematic way of keeping your records (a shoebox doesn't …
laire Sweet is an award-winning Financial Advisor and Money Coach, Owner of Peace Together Money Coaching. Her work has been featured in The Telegraph, Moneywise and Sheerluxe, and she is a regular guest on BBC Radio Kent as an expert in her field.
What Does a Money Coach Do?
Claire begins by talking about the kind of work she does and how she decided to step into her own business after many years of corporate experience at Boots.
“I’m a financial advisor and money coach. What I do is help …
If you're considering setting up a charity/non-profit in the UK, you will need to be aware that there is a slightly different process for you to take note of.
We have broken it down into six steps for you:-
If you’re from a country outside of the UK but, you may need a visa. Prospective entrepreneurs could receive favourable treatment in the UK’s points-based immigration system, but you’ll need to adhere to several rules to get Tier 1 status and there may be many changes to come as the UK negotiate with the EU - keep an eye on www.gov.org for any new information and updates
Check if you can legally start a business by clicking start a business in the UK as a foreigner, to find out if you need a vi…
Vicki Parsons is a network marketer and consultant at health and wellbeing company Isagenix. She helps busy professional women change their physical and financial wellness using a simple proven nutrition system and 1on1 coaching.
How to Be a Product of a Product
Vicki and her husband tried different things to supplement their pension fund and build a side business while also wanting to get in physical shape and lose weight. Vicki shares how it all began with Isagenix.
“Consequentially, we wer…
Idit Ginsberg is the founder of Iyador Marketing, offering social media services to startups and small and medium-sized businesses. Having run an event planning company for ten years before the pandemic hit, Idit shares her story of how she had to pivot very quickly and start a new business last year.
The Background of Iyador Marketing
Idit gives us a quick background of how her current business started.
“When COVID kicked in in March, I had to transition because the event industry just sa…
Now that we've covered the different types of legal structures there are for business, we can look at the first steps to actually getting something off the ground - laying the right foundations for growth
Check that you can legally start a business
You’ll need to make sure that your immigration status allows you to set up a business. Depending on your status and residency permit you may need to apply for a specific visa (we will look at this in our upcoming blog).
Write a business plan