Travel and accommodation expenses for the self-employed
Here's an explanation of the travel and accommodation expenses rules for sole traders. It explains what you can and can't include in your business accounts.
Crowdfunding for small and start-up businesses – the basics
Raising business finance is difficult at the best of times, but in today’s age of austerity, banks, business angels, and governments are tightening their belts, cutting off the supply of…
The importance of roles and responsibilities in project management
One of the key attributes of projects is that they are not structured in the same way as ordinary business departments. A number of people, possibly including contractors or consultants,…
The power of the ‘pilot’ – 3 reasons you should test your business idea before launch
Creating and selling your own products and services, building a network of happy customers and managing your own time are just three of the perks that come with running your own business. But all too often, I meet entrepreneurs who are burnt out, stressed and lacking sufficient income. This is often because they did not trial their business ideas before they got stuck in. So today, I want to convince you that you should ‘pilot’ your business idea before you launch your new venture for real.
21 killer ideas to get free publicity for your small business
Free publicity is a great way to spread the word about your business. If you can get your business featured regularly in the newspapers, magazines and websites your target audience…
Small firms spend 130 hours each year chasing overdue invoices
A recent survey has found that small businesses spend an average 130 hours each year chasing late payments, and wait 30 days beyond the contractually agreed terms before payment is actually received.
How to get your business noticed – self-marketing for start-ups
Your business may offer amazing products and a fantastic service. But if your potential customers don’t know it exists, your wonderful business is likely to disappear without trace.
Guide to employee perks and benefits for small businesses
As salaries, working hours and development opportunities are becoming more aligned from business to business, offering staff perks, benefits, or incentives is a way of attracting and retaining talent. Glassdoor,…
The real cost of taking on your first employee
Taking on your first employee should be an exciting time. It means your business idea is working and you need help to expand. But while employees will help your business…
5 factors to consider when expanding your business overseas
According to a study by Elements Global Services, 69 percent of UK businesses are planning to expand internationally in the next three years. At the same time, 58 percent of businesses described hiring and onboarding overseas staff as challenging.