Making Tax Digital for Your Small Business

Reading Time: 8 minutes Making Tax Digital can take a bit of getting used to. So, we thought it might be useful to strip it all back and simplify what it means for you and your small business. We hope you find it helpful.

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HMRC setting sights on Taxing Online Sales, Vloggers & Influencers

Reading Time: 2 minutes HMRC is setting its sights on the taxation of online activities which generate revenue. This is part of a wider campaign incorporating multiple countries and online platforms to streamline the collection of additional tax from activities which have previously been ignored.

Becoming a Franchisee

Reading Time: 16 minutes Buying into a franchise and becoming a franchisee. It’s a unique and popular option for budding entrepreneurs in the UK. It’s a model that allows you to buy into an established business and benefit from systems, processes, and products that have already proven successful. That’s not to say it’s an easy option, however. For one thing, it requires significant personal investment. And, unlike those who become directors of their own limited company, franchisees are accountable to their franchisor. In this guide, we explain the process of buying into a franchise and take a closer look at the pros and cons of becoming a franchisee. Enjoy.

Hiring Your First Employee

Reading Time: 26 minutes Hiring your first employee is a milestone moment for you and your business. But it can be as much daunting as it is exciting. So, in this guide, Danbro Business wants to help you prepare for this significant step, assessing the impact that becoming an employer can have on your business. We’ll hear from employers and decision-makers on the ways to identify the gaps that need filling in your business. And, our HR expert will also explain the process of employment and how you can select the right candidate for your business. We hope you find our guidance useful.

What can you learn from your Cash Flow Statement & Balance Sheet?

Reading Time: 4 minutes In this exclusive article, business specialists from the Begbies Traynor Group provide specialist advice and guidance on how to interpret your cash flow statements and balance sheets to fine-tune your company’s spending, better structure your savings and plan for future investments. Enjoy.

What Business Expenses Can I Claim If I’m Self-Employed?

Reading Time: 6 minutes Business expenses for the self-employed. From pencil cases to parking permits, there are plenty of costs associated with self-employment. The good news is, many of these costs are considered ‘allowable business expenses’. And, you can claim these deductions before you work out your annual taxable profits. As a self-employed person, there are a whole host of costs and charges that you can claim as permissible business expenses. Find out more below.

Starting a Small Business: 10 Top Tips

Reading Time: 9 minutes Thinking of starting a small business? Tired of making money for someone else but don’t know how to start-up on your own? If you’ve got a game-changing new business idea, or ambitions to work for yourself, now might be the perfect time to take the plunge. Before you do though, there are a few things you ought to consider. To give you a helping hand, we’ve pulled together ten top tips for starting a small business in the UK. We hope you find it useful.

 

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