How to set up and run a small business

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What are the alternatives if your broadband doesn’t meet your business needs?

April 25, 2018

For small businesses broadband is an essential requirement and yet for many people it’s hard to get the level of service they want from their supplier. Why is this and what steps can you take to get the quality of broadband you need to run your business successfully? We asked telecoms expert, Dave Millett to […]

How to retire sooner by making just one single change to your retirement planning

April 24, 2018

Once upon a time, not too long ago (up until 6 April 2011 to be exact), employers could force workers to retire at 65. However, since the abolition of the Default Retirement Age, you can continue to work well after 65 if you choose to. Many business owners enjoy working, and do continue working after […]

How using ‘simplified expenses’ can save you time if you’re self employed

April 23, 2018

Wrestling with your accounts is certainly not the highlight of working for yourself, but getting your finances right is an important part of being self-employed. Claiming business expenses can help you to cut your tax bill but, knowing what, and how much you can claim for isn’t straightforward. Fortunately, HMRC allow the self employed to […]

How the new EIS Guidelines impact crowdfunding

April 20, 2018

When it comes to start-up investment, the UK has some of the best tax relief schemes anywhere in the world. The Enterprise Investment Scheme (EIS), along with its earlier-stage sibling the Seed Enterprise Investment Scheme (SEIS), offer protection of investments in UK start-ups. If the business fails, investors can claim up to 80% of the […]

Tax efficient ways to pay yourself through a limited company

April 18, 2018

There are a variety of reasons why businesses or consultants may choose to operate via a limited company. For some, the protection limited liability offers if things go wrong is an attraction, for others, the potential tax benefits are the main reason why they choose to be a limited company over a sole trader. To explain […]

Minimum Wage and statutory rates increases – April 2018

April 17, 2018

The beginning of April has likely been a hectic time for many employers, with usual accounting and financial deadlines sandwiched in between important updates to employment law rates and payments. Here, we outline the increases in the National Minimum Wage, National Living Wage and other statutory payments, all business owners need to abide by from […]

How to set up a taxi business

April 13, 2018

If you are thinking of starting up a taxi business, the most important and initial steps to take are to research the UK taxi industry as a whole, find a unique selling point, choose a brand name and obtain the relevant equipment, employees and licenses. Nowadays, with emergence of taxi apps like Uber and Get […]

Why small businesses should embrace GDPR and be ready for May 25

April 12, 2018

Data is vital for many businesses looking to take their productivity and profitability to the next level. Yet according to our research, 56% of UK small businesses have concerns about their current data collection processes. With the General Data Protection Regulation (GDPR) set to become law in May 2018, every UK business needs to ensure […]

5 Cybersecurity quick-wins for startups

April 9, 2018

You don’t need to be a multi-national enterprise to be an enticing target for cyber criminals. Half of small business owners experience at least one type of cyber-attack over a one-year period, research from Nationwide’s Small Business Indicator survey revealed. The reality is poor cyber security awareness and a lack of dedicated IT professionals make […]

The 10 Steps to successfully managing a project

April 5, 2018

Businesses operate by planning and executing a series of never-ending projects, though we may not always see it that way. Everything from running a successful marketing campaign, to taking over a rival company, is essentially a project that requires the same rules to be followed. So here are 10 steps that will help you to […]

10 Data Science terms every business leader needs to know

April 4, 2018

There is a lot of talk about data science, big data, AI, and IoT these days, but what is the reality behind the hype? What do these terms actually mean, and what impact could these have on your business? Let’s take a look at 10 of the highest profile tech terms affecting businesses in 2018;

The single most important tool that enables your business to adapt to change

April 3, 2018

When you are starting, or running a business you’re never quite sure what’s around the next corner. However, the one thing you can be certain of is change. So for your business to succeed, you need to embrace change and adapt to what it brings. To help you do this, we’ve asked Jonathan MacDonald, author […]

Six lessons I’ve learned launching a tech start-up

March 28, 2018

Anyone who decides to launch their own company is bound to experience challenges along the way, and these challenges will all be different depending on what sector you decide to tap into. For me, I knew launching a tech start-up in one of the most exciting and rapidly changing industries would be an exciting prospect. […]

How to improve your email deliverability

March 27, 2018

Email marketing is an essential tool for small businesses and large enterprises alike. The ability to communicate directly with your target audiences helps attract new prospects and keeps existing customers informed. However, delivering a good email campaign that hits all the right notes is not as simple as you might think. It’s a complex discipline […]

How businesses can use bridging finance to raise money

March 25, 2018

A form of finance which is rapidly gaining popularity in the UK business market is bridging finance. Around £750 million was borrowed through the means of bridging in the year 2011, since then it has only gone up where in 2016, this number went up by £4 billion. The way bridging loans work is that […]

How to spark more innovation in your business with these 6 I’s

March 23, 2018

Managing cash flow, hiring new employees, delivering top quality customer service, these and many others, occupy the minds of small business owners. Innovate? That is number 50 on the To Do list, when headspace allows. Yet innovation, creating value out of ideas that are new to you – is the only way to ensure you […]

How to set up a loans company

March 23, 2018

Stricter lending criteria and the boost of digital technology has led to a huge demand in the loans industry in the UK. With more and more applications being taken out online and by mobile and the ability to make faster payments, consumers are ditching their traditional bank managers to apply for finance online.

How you can use asset finance to grow your business

March 21, 2018

Whether you’re starting a business, or taking it to the next level, the right finance can be a significant factor in driving growth. Perhaps the growth of your business depends upon the purchase of new equipment to enable you to increase capacity, provide additional services, or win a particular new contract. In that case, asset […]

How to improve your company culture to attract, and keep, the best employees

March 20, 2018

Improving company culture is at the top of the agenda for most modern day businesses, as more employers are coming to appreciate the role it plays in attracting prospective employees. However it is not as simple as placing a ping-pong table in the staff room; a company culture needs to be fostered over time. To […]

How to create business cards that make a big impression

March 19, 2018

Most business cards are about as much use as a scrap of paper with a name and number scribbled on it. That’s fine if you are looking for a date, but not so good for showcasing your business. With a little thought, however, it’s easy to create a business card that packs a real promotional […]

How to help more of your employees to stay in the company pension scheme

March 16, 2018

Workplace pensions are a legal requirement for all UK businesses no matter how small. Since 2012 more than 8 million people have been automatically enrolled into a workplace pension by their employer. With auto enrolment contribution levels set to rise on 6 April 2018, it’s more important than ever that small businesses improve pension awareness […]

The ABC of Growing a Business

March 15, 2018

Ask a group business leaders, business owners, and entrepreneurs what their biggest business challenge is, and I’m confident you’d hear the same recurring thought: building their business in a sustainable, predictable, yet profitable way, quickly. It’s a reality that most businesses never reach their full potential, always yearning for the thing that will catapult them […]

How technology can help businesses make the leap from start-up to scale-up

March 14, 2018

Britain’s entrepreneurial nature is highlighted by the fact that a new business is founded every hour. But only a small portion of these start-ups will make the leap to become a growing business that enjoys success at scale. For the best chance of becoming a successful scale-up, small businesses need the right people, systems and […]

How to use Google Analytics to boost your online performance

March 13, 2018

There are a million things to think about when you start a small business. Your website alone is a field of rabbit holes – content, structure, design, SEO, social media integration – down any one of which you might lose yourself for days if you don’t know what you’re doing. One area that small business […]

5 Ways small business owners can benefit from having a mentor

March 12, 2018

The Internet has opened up many avenues for those with an entrepreneurial spirit. Ecommerce and online based services provide great opportunities for business start-ups, and, with this being the case, there are more small businesses now than ever. The sad fact is many of these businesses don’t survive more than 5 years. However, there is […]

A Practical guide to Content Marketing for small business owners and start-ups

March 9, 2018

When you are looking for ways to promote your new start-up or small business you will, without doubt, soon hear the words, “content marketing”. There’s a lot of buzz about content marketing at the moment, but what does it actually mean and how can small business owners use content to help grow their business? This […]

How work experience can boost the bottom line for SMEs

March 8, 2018

This week (5-9 March) marks National Careers Week, it highlights the importance of good careers education and support for young people leaving education. The week brings together schools, colleges and universities with employers to showcase best practice in careers guidance. Work experience can help kickstart a career for young people, but it also offers many […]

The power of ‘Thank You’ – Why acknowledging success breeds success

March 7, 2018

Starting a business often consists of putting out fires. Despite all the planning and contingency scenarios, you may have drawn up in preparation, you usually have to rectify things that have gone wrong before you can focus on what’s right. As you move past the start-up phase, you’ll want to flip that equation. Then, as […]

How to balance your digital and print marketing

March 6, 2018

Now that the panic-provoking headlines of “print is dead” have toned down to “well, not quite”, it’s safe to say that we all know there is value in both print and digital marketing. The question that businesses are now asking themselves, is how exactly do we work out how to divide our budgets between print […]

How good planning will make you a better leader

March 5, 2018

Most people have some opinions on what makes a good leader. High on the list in one form or another are “resolve” and “vision” – but these are pretty nebulous terms. How are aspiring leaders meant to achieve these qualities? Neither quality guarantees success, and if a leader suffers setbacks, changes track or fails to […]

How to finance your business

March 5, 2018

PROMOTED GUIDE – This is a promoted guide from Nationwide Corporate Finance. Nationwide Corporate Finance offer rates from just 3.6% per year, and we specialise in business finance of all kinds. We have lent over £3 billon to businesses just like yours.   There are several ways to finance a business. These include bank loans, […]

3 Plain and simple steps to build a winning start up strategy

March 2, 2018

You have a great business concept. Now you just need to sell it – not to customers, well, not yet. But to your backer. Your top sales tool is a business plan. But take care. Potential investors banish the vast majority of plans to the bin, so you need to make sure business plan does […]

How to create an inspiring speech or presentation to drive your business

March 1, 2018

In a competitive business environment every business owners need to: 1) Keep raising their profile, and 2) Inspire others to make changes and take action. To help you do this, we asked award-winning speaker, Simon Bucknall to reveal the practical steps you can take to raise your profile by public speaking and to share his Quick […]

Transpersonal Leadership – Becoming the best leader you can be for the 21st Century

February 28, 2018

We call the best leaders for the 21st Century, Transpersonal Leaders. They lead beyond their ego, are radical, ethical and authentic whilst emotionally aware and caring, yet focused on performance enhancement and sustainability. There are many differences between being a senior corporate executive of a large company and running your own small business (I know, […]

What can small employers do to improve gender equality in the workplace?

February 27, 2018

The issue of gender equality in the workplace has garnered much publicity in recent months and is one of the biggest issues facing employers in 2018. Most of the media attention has surrounded information on Gender Pay Gap Reporting (GPGR) which forces companies with 250+ employees to publish a report detailing aspects of staff pay […]

13 Questions you must ask to get the best deal on business telecoms, and why you should never buy just on price

February 26, 2018

Everyone wants to get the best deal on their telecoms – but buying just on price, is unlikely to give you a great return. Not all telecoms solutions are the same; so, it’s important to ask the right questions to ensure you are comparing like for like. To help you get the best deal on […]