Selling your business is the ultimate aim of many business owners – it’s the reason you get up in the morning and put in the hours over several years, to one day cash out and realise your hard work, enabling you to move onto to the next stage of your life. [...]
As you may know my raison d'etre (my reason for being) is to help small businesses and their owners. For anyone who has read my book, The Organised Business, you will know I put this down to the trauma of being raised in a small family business that failed and had [...]
It was with great sadness that I woke up to the news of Matthew Perry passing last Sunday. Like most of us I was glued to Friends in the 90’s, and then again in the 00’s, and again recently as my children discovered it. Chandler was an amazing character, his one-liners [...]
Corporation Tax is now taxed in bands. As the image below shows, profits above £250k are taxed at 25%, those below £50k at 19% and profits that fall in between are taxed at a hybrid rate of the two. But these bands are reduced by the number of companies that each [...]
In today's fast-paced business landscape, where technology often takes the forefront, the human touch remains an invaluable asset. For small business owners, having a professional adviser readily available can be the difference between thriving, and merely surviving. In a world where call centres and automated responses are becoming the norm, businesses [...]
I am no economist, so I do not really understand the thought process of raising Corporation Tax at a time of high inflation. To me, the aim of raising Corporation Tax, in addition to feeding money into the treasury, is designed to encourage spending by companies. But surely this will feed [...]
Effective Time Management Strategies for Small Business Owners A limiting factor refers to any factor or condition that constrains or restricts the growth, development, or success of a system or process. It can be a physical, environmental, or resource-related factor that acts as a barrier or limitation to achieving desired outcomes. [...]
We believe that a regular finance meeting is a sign of a healthy business. So much so, that we have written out an agenda for you to use in your business and are giving it away absolutely free! Here are the top reasons a finance meeting is important for your business: [...]
Assuming that everyone has the same level of knowledge or understanding as you do, without actually checking to make sure, can be a problem in business because it can lead to misunderstandings and mistakes that can cost you time and money. For example, if you assume that everyone knows how to [...]
The list of reasons that businesses fail is long, and many of these are out of the business owners’ control, but sometimes mistakes are made. Here are the top 5 mistakes made by business owners to help you identify and avoid them. Lack of planning: Many business owners fail to create [...]
