Limited Company or Not Limited Company One of the most common questions we get asked by new businesses and start-ups is whether they should be a limited company or not. There are buckets of resources available to help you work out what is best for you, be it sole trader or limited company. If you
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The Budget 2014 After years of austerity and fairly bland budgets, was it finally time for a budget to make everyone sit up and listen? With 14 months to the general election then this budget was going to be one to look out for. But what did it deliver? The Budget Overview Being an economist
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There is a reason why we say that things are taxing, because tax is not easy, it is not necessarily fair and there is no easy way to understand company tax law. HMRC make the rules. You must obey the rules. Think of your regular football referee who mistakenly sends a player off, that player
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How do you know when your care home is performing well? Clearly one of the key signals will be your CQC/CCSIW assessment and that of the Environment Health report regarding the kitchen. These are important key performance indicators (KPI’s) and are helpful for telling prospective clients how you perform. There are many other measures and
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The best thing about running your own business is the freedom and excitement to go out, develop your ideas, push forward and grow. The fun is about moving ahead, looking forward and trying to achieve ever more. The boring part is keeping your accounts up to date… Boring but business accounts and good records are
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Profits, sound pretty simple doesn’t it? You sell, you take off your costs, take off your overheads, feed the family, and what’s left is profit. Maybe, but it is important to understand what profitability is in the eyes of a banker. So what is different and what does a banker look at when profit is
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Many businesses produce a forecast of some form, either for their own benefit or part of the process of obtaining finance. Producing a forecast is not the objective, the real objective is to understand, communicate or to persuade. Essentially a forecast is a means to an end, you simply need to understand what that
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