Around 600,000+ new businesses are registered in the UK every year, which is the equivalent to 70 businesses being started every hour. Evidently, the entrepreneurial spirit of UK citizens is still burning bright. However, when it comes to business success and death rates, this passion isn’t reflected positively… There, of course, are a wide range … Read more
Whether you’re aiming to start your business, looking to scale, or you could simply use the extra cash to bolster your current services, schemes and grants are always worth considering. These schemes can either involve funding that is given without strings to applicable businesses, or advantageous loans. Here, we’re going to look at some of … Read more
Digital technology, and the internet in general, have made it a lot easier to start a business than ever before. Not only do online businesses tend to come with much fewer costs to cope with, but the availability of information on the internet has helped democratise the process of getting started, somewhat. In that vein, … Read more
If you have the entrepreneurial spirit, the business sense, and the courage to take on the risk of starting a business, then you have almost everything you need to get started. However, you’re going to need an idea to start building a business plan off of, as well. Here, we’re going to look at a … Read more
Many new and small businesses in the UK can run into financial troubles due to unforeseen circumstances. In cases where payments have defaulted on loans or businesses can’t make certain other repayments, they may be issued with a County Court Judgement (CCJ). While some business CCJs are quite serious, others can be resolved simply and … Read more
Most business owners are going to need startup capital to get the ball rolling for their business. There are a lot of different ways to get small business loans, whether it be from banks, credit unions, from peer-to-peer lending platforms, and so on. If you’re looking to get a small business loan, however, you need … Read more
For many, the route to starting a business will be in finding venture capital. A lot of entrepreneurs get so caught up in the search for that capital that they fail to think about whether they might be able to start a business on their own. It’s not as outlandish as you might think, either. … Read more
Corporation tax is a percentage levy paid to HMRC on the profits generated by your business. The charge applies to all the money remaining after spending on “permissible expenses.” How Does Corporation Tax Work? Let’s say, for instance, that your icecream business takes £100,000 in sales for the tax year (which runs from April 6th … Read more
All businesses have to contend with and cater for environmental factors that influence the way they operate and evolve. The business landscape changes constantly, and to succeed, companies must be aware of both internal and external environmental factors and understand how these factors impact business development. This guide will outline the most significant environmental elements. … Read more
Building a business is never easy. Not only do you need a great idea, but you must also execute it ruthlessly. Most people find that building a successful business is more complicated than they thought. They go in believing they will succeed using the tactics that brought them success in the past, such as hard … Read more
