Business121 Small Business Newsletter #13

In this week's Business121:

1. VAT Registration - Tips and Traps
2. Section 660 - Arctic Systems win appeal
3. Factoring and invoice discounting
4. The role of a limited company secretary
5. 7 secrets of selling success
6. Lazy workers escape punishment over "sickies"
7. Small businesses call for flat rate tax
8. How to avoid classic business plan mistakes
9. Free online directory listing

* Or read this issue online: http://snipurl.com/_121_issues *

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VAT Registration - Tips and Traps
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An introduction to the VAT registration process - when to register and when to deregister, as well as common pitfalls.
http://snipurl.com/Vat_Reg

Section 660 - Arctic Systems win appeal
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Geoff Jones of Arctic Systems has won his landmark Section 660A appeal. In the Arctic Systems case, the tax authorities objected to the manner in which the couple involved remunerated themselves with a mixture of salaries and dividends, which had the effect of reducing their joint tax liability. The appeal is very good news for "husband and wife" businesses.
http://snipurl.com/Arctic_Win

Factoring and invoice discounting
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Factoring and invoice discounting (known as debtor finance) can dramatically improve your cash flow by releasing money as soon as youhave completed an order and raised an invoice rather than having to wait for your customer to pay.
http://snipurl.com/Factoring

The role of a limited company secretary
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By law, every limited company needs to have a company secretary (as well as at least one director). The company secretary may also be a director, but in this case, there would need to be two or more directors. An overview of the responsibilities of a company secretary.
http://snipurl.com/Ltd_Co_Sec

7 secrets of selling success
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People don't buy products ñ they buy solutions to their problems: you have nothing to sell but benefits. Some tips from the Essential Business Guide team.
http://snipurl.com/Selling_Success

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Lazy workers escape punishment over "sickies"
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A quarter of small businesses are so scared about being sued that they are refusing to tackle their own lazy staff!
http://snipurl.com/Lazy_Workers

Small businesses call for flat rate tax
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More than seven in 10 small and medium-sized companies think the UK's tax regime has become too complicated. Three quarters believe the answer lies in the introduction of flat rate tax, according to research released last month.
http://snipurl.com/Flat_Rate_Tax

How to avoid classic business plan mistakes
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Often you may hear about what a business plan consists of. While including the necessary items is very important, you also want to make sure you don't commit any classic business plan mistakes!
http://snipurl.com/Classic_Mistakes

*** For the latest Small Business News, visit http://snipurl.com/Bytestart_News ***

Free Online Directory Listing
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Finally, a reminder to all Business121 readers that you can list your website on one of the most popular online directories for free.

Touch now have a site for every City in the country e.g.TouchGuildford.com,TouchLiverpool.com etc.

Every month 4 million people search for services on their network of sites. So, if you want to promote your business to more potential customers in 2006, this could be a handy service.

Touch allows you to put a basic listing on their site for free. You can add extra info to your listing with a Touch Link but the basic entry is free of charge.

To find out more about Touch and get your free listing click here: http://snipurl.com/_Touch_Free_Listing

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CLASSIFIEDS
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COMPLETE TELESALES SKILLS - 1-DAY COURSE - £70 DISCOUNT
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THINKING OF GETTING A NEW WEBSITE FOR 2006?
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Then don't go ahead without speaking with us first. At Blue-Egg
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HELPING SMALL BUSINESSES TO GET A BETTER DEAL
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Through LogBuy all small businesses can club together to benefit
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SEE YOUR AD HERE
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Business121 is read by over 12,000 small business owners every
week. Advertise in our newsletter from just £50 + VAT per issue.
Please email classified@Business121.co.uk for details
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(c) Business121.co.uk 2006