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50 articles in Business
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Businesses fail for many reasons but nearly all of them cite outside forces working against them - rent or rate rises, parking charges, delays caused by suppliers, no support from the bank, etc, etc. What they don't think about is that maybe they are selling the wrong product…
I was chatting with a business owner today who said there are only two advantages to being self-employed - you can go on holiday when you like and you can work with who you want to. That started me thinking - are there really only two advantages and no disadvantages?  If that was the case why isn't everyone self-employed?…
As an employer you can pay your employees for mileage incurred when they are using their own car to travel on business.  HMRC sets out the rates you can pay without the payment being subject to tax and NI. The approved rate is…
When you start out in business it is difficult to know whether to be a sole trader (self-employed) or a limited company.  And many will wonder what the difference is and whether there are advantages of one over the other. A few years ago it was said that it was more tax efficient to be a limited company but these days there really isn't much difference in tax savings between the two. So how do you decide?…
We have been trialling and evaluating software which will integrate with Xero to provide our clients with the key figures they need to know to support them with the development and growth of their business.  The software we have looked at has varied in what it can produce and how it looks.…
The recent ruling against Pimlico Plumbers in favour of one of its workers highlights the need for every business owner to understand the rules around employment and self-employment. The worker in question was self-employed but wanted to be paid sick pay when he fell ill and also to be paid holiday pay.…
Having spent several weeks being bombarded by emails relating to GDPR I am beginning to wonder whether anything has actually changed. I received emails telling me I had to opt in, emails telling me I had to opt out and privacy policies from businesses I don't have anything to do with.  I know I am not the only one who has had enough of GDPR.  Of course we all want to do the right thing for our business and I am sure most small businesses were already protecting sensitive data anyway.…
There is more to being in business than having a 9 to 5 job.  Being your own boss seems idyllic when you are employed, have regular hours and a regular income.  Being able to work as and when you want, where you want and how you want is the flexibility you crave when you are employed.  Being able to be choosy about the people you work with and the work you do is an exciting prospect.…
I have been asked several times recently how much to pay someone both in terms of a new employee and as a pay rise.  There are really 3 things to consider when you are deciding what to pay:…
Having some time off over Christmas and New Year allows time to think and plan.  New ideas are born and business plans developed.  Its an exciting time for new businesses.  The early stages of development and the prospect of doing something for yourself is motivating. But it can be daunting too…
50 articles in Business
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Salisbury
Wiltshire
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