Financial and management accounts – the differences
In this guide, we take a look at the differences between financial and management accounts, and how each type of accounts can benefit your business.
The dos and don’ts of filming in public spaces
More and more small businesses coming round to the power of using video to establish their brand presence and promote their products or services. With the technology to make professional…
Company Formation – what are the Articles of Association?
When you form a new limited company, one of the three documents you need to provide is the Articles of Association. The other forms you need to submit to Companies…
What do I need to know about a Preference Share issue?
A limited company can have many classes of shares. These can be ordinary shares, preference shares and redeemable shares. The articles of association usually set out the rights of these shares while allowing the directors to issue shares with such rights and restrictions as determined by ordinary resolution.
The key legal issues you will face as a small business owner
There are a number of different legal matters which need to be addressed before setting up a new business. Seeking good advice to help you through the planning and setup process ensures your business is built on solid foundations and can provide protection when things do not go to plan.
How to design an effective incentive scheme for your small business
An effective incentive scheme is an important way for small businesses to motivate their staff in order to improve performance and boost profits. Responding to incentives is part of human…
Covey’s Matrix: the simple secret to great time management
Managing time effectively is vital if you are to prosper as a business owner, especially when it comes to running a small business when just a few people have to deal with every aspect of the business.
5 ways data analytics can help you generate more leads
Lead generation is absolutely crucial to identifying potential customers that are interested in your business’s products and services. With online leads coming from various sources such as search engines, email…
What is a Shareholders’ Agreement, and why your limited company should have one
When you start a business with someone else, it’s always a good idea to lay down some rules on important issues, such as; how you will run the company, your respective responsibilities and what happens if someone wants to leave the business. Agreeing on how you will handle these, and other important matters, will save a lot of anguish down the line.
5 tax incentives every small business owner should know about
Increasing cash flow and being tax-efficient are usually near the top of every small business owner’s agenda. One way to achieve both these aims is to take advantage of the various tax incentives available to businesses.