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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…

Moira Frost is an independent stylist for Cabi Clothing, an American clothing brand for women, which came to the UK market four years ago. She explains how Cabi works on the intersection between network marketing and franchise. Moira shares her experiences have been running her own business.

Getting Started with Cabi  

Moira Frost has been involved with Cabi since the company entered the UK market. She starts by explaining Cabi’s mission, what makes the brand so popular with the customers, 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:-

1. Firstly, Find at least three trustees for your charity.
   
2. Make sure the charity/non-profit understands and will adhere to the government’s rules on having a business for charitable purposes.
3. The fund part - choose a name for your company.
4. Choose a structure from the government’s four rec…

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…

Yvonne Hemmings is an automation consultant and strategist for online service providers who want to save hours and money every week by letting specialist software work its magic in the background. She is the founder of Automation Made Simple and works with time-poor business owners who spend too much time on repetitive processes like client onboarding, booking calls and invoicing.

The Job of an Automation Consultant

When Yvonne Hemmings started her business three and a half years ago, she work…

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

This …