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The importance of Business Insurance

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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…

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Business Administration

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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 …

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Starting up a non-profit company in the United Kingdom

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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…

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How to Start a Business in the UK - As a Foreigner

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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…

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How to Start a Business in the UK - The First Steps

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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 …

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Starting a Business in the UK – The Different Business Structures

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Despite the affect the pandemic has had on so many small (and large) businesses, there is still a desire in most of us to be “our own boss”. But where do you start? Well, once you have your idea, business plan and all your ducks in a row, there are steps to take to get up and running from a legal and administrative perspective.

Have you decided what legal structure your business will be? There are different options and you need to choose which is the most suitable for your business.

Sole trade…

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Five Steps to Create a Budget for your Small Business

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How I hate budgets!

Every time an accountant told me to put together a budget for my company, my response was – When I get the time I will! I just never seem to get the time.

At first I never paid attention to a budget. I knew if I made money by looking at my financial statements and that was good enough for me. Also, every time I tried to put something together I never compared my actual financials to the budget numbers I created.

Two years ago, I decided to take a different approach. I deve…

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Running a small business – a few tips to make your life easier

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When you have only just started your own business, you will need a lot to learn, not only about what you are going to do, but about all the small details of running your own business. There is no one who you can count on making the right decisions but you. The tips below may be more than useful for all small business owners and make it more probable to bloom instead of going bankrupt (a sad end of 80% of small companies).

Profit margin
First of all, remember about the profit margin. All too ofte…

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How to Create Your Own Small Business Press Kit

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As a small business, these times we're in can be incredibly daunting and we have to go the extra mile to get business. One way to to put together a press kit or what I prefer to all a "business information package"

You need a small business information package to augment your business card, which has only limited information about you and your company.
Your small business information package is the printed materials to give or send to prospective clients to tell them who you are, where you are, …

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Small Business Marketing: Boosting The Profitability Of Your Business

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Are you always looking for small business marketing help that will allow you to not only have a successful business but one that is capable of growth now and in the future? This should be the hope of most entrepreneurs, but many are simply trying to keep their doors open. Far too many companies fail because the focus is always on the wrong thing. Marketing is important, but only if it is done in a way that will increase the profitability of the company instead of exposing it to more and more mar…

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