Nurturing a feedback culture – enhancing employee retention in small businesses
Nurturing a feedback culture is a powerful strategy for enhancing employee retention in small businesses.
IR35 insurance – essential cover for contractors
IR35 insurance will protect your limited company in the event that an enquiry is made into your tax return, or via a PAYE compliance visit. In some cases, this could result in a Tax Tribunal.
Leadership 2023: The silver bullet of connection – Ron Gutman and AugMentors
We came across a recent episode of the HubSpot AugMentors Podcast which interviewed tech inventor and CEO – Ron Gutman – which really hits the leadership connection nail on the head.
What is the £85,000 FSCS and does it apply to business bank accounts?
The Financial Services Compensation Scheme (FSCS) protects customers’ deposits should a financial institution fail. Are business bank accounts also covered by the Scheme?
Contract novation – what businesses need to know
As a business owner, you’ll likely be comfortable and confident concerning commercial contracts. The ability to negotiate, agree and adhere to the terms of an agreement will be fundamental to your business’s continued growth and success.
Earning zero interest on your business bank account? Open a savings account!
If you have cash reserves built up in your current account – either retained profits and/or money put aside to meet future tax liabilities, then now is the perfect time to open a business savings account.
How much does it cost to form a limited company?
It may surprise you to find out that you can form a limited company – direct via Companies House – for a mere £12. However, you may prefer to pay an intermediary to do this on your behalf – which will increase the cost.
The best salary and dividend split for directors in 2023/4
If you are a limited company director, you will typically pay yourself a salary, and – as a shareholder – draw down profits in the form of dividends. So, what is the optimal salary/dividend split in 2023/4?
Steps to remove a limited company director
In this comprehensive article, we will explain the essential steps on how to remove a director of a company. We also explore various other critical considerations that must be taken into account throughout this process.
Buying a business – the pros and cons
An alternative to starting a business from scratch is to buy one! You will be buying an operation with products, customers and staff already in place. But at the same time, you will have full freedom to make whatever changes you want to as the new owner.
Here are Bytestart’s pros and cons of buying a business.