Business Comparison

In a generation built on social media, it is hard to hide away and rightly so, you should not. Social media is now one of the biggest forms of marketing and communication amongst businesses and their customers so why would you not try and take advantage of that?! Also if

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VAT: How does it affect my small business?

It is a commonly known thing that VAT is +20%, however what does that really mean to small to medium-sized businesses? Let’s look at what VAT actually means for businesses When a business becomes VAT registered, it must charge a further 20% on all sales, when the invoice is paid

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Data Protection Act 1998 (DPA) – what is it and what are your responsibilities?

The Data Protection Act, or DPA as it is more commonly referred too, is the framework that is in place for the collection and processing of personal data. The majority of businesses collect and process customer information in order to run their businesses and therefore have certain responsibilities to adhere

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What are your Business Tax obligations?

SMEs are subject to numerous taxes from corporation tax to national insurance. Below is a summary of the different types of taxes that a business owner may encounter. Corporation Tax Corporation Tax is a tax on taxable income or profits, it is applicable to the below businesses: A Limited company

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8 Steps to Consider When Starting a Business

Having an idea may seem like it is enough to start a business, but it is much more complex than just an idea. There are a million and one things to consider when starting a business so we have summed up the key points in 8 useful steps. Step 1:

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Customer retention tips

One of the most important key sales strategies is customer retention. The easiest and cheapest way to grow customer’s is to not lose them. What is customer retention? Customer retention is the term used for ‘keeping’ existing customers, rather than having to acquire new customers. This is deemed a more

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5 ideas to improve your workplace environment

Creating a positive and pleasant workplace environment can increase productivity and improve staff retention. Here are 5 tips for creating the ideal working environment. Can you afford not to read on? Communicate The key to a happy workplace often lies with the way people communicate with one another. Consider having

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What alternatives does your SME have?

At some point during your journey, your business may need a cash boost – this could be to get your business off the ground, repay creditors or to help expand your business. Business loans cover all types of finance – anything from merchant cash advance, to asset finance or invoice

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Tips for starting a social enterprise

If you’ve come up with a business idea that solves a problem, benefits a sector of society and combines profit with purpose then you have the foundations of a social enterprise. There are nearly 80,000 social enterprises in the UK, employing over a million people and contributing more than £24

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Alternatives to crowdfunding

With 84 per cent of entrepreneurs planning to raise multi-million pound investments in 2018, it’s no surprise that ‘crowdfunding’ has been revealed as the UK’s most searched for business funding term of last year. The term ‘crowdfunding’ was significantly higher than searches for ‘business loan’ and ‘bank loan’ according to

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