Latest Articles

Online business banking – Making the most of online tools

Virtually every business bank account now comes with a set of handy online tools, which you can use to run your business more efficiently. So are you going online just to check your balance, or are you making the most of every tool available to you?

Keep an eye on your business bank account charges

When you’re running a small business you need to make every penny count, especially during an economic downturn. So the last thing you want to do is to pay over the odds for bank charges and fees on your business bank account. Here are some of the simplest steps you can take to reduce the […]

How to keep your business banking charges low

One of the most frustrating things you will come up against as a small business owner are bank charges. Unlike personal banking, where we are used to paying only to have an overdraft, most business bank accounts have to be paid for. And the charges seem to keep coming whether you’re doing well or badly. […]

What are limited company dividends?

The post-tax profits of a limited company can be distributed to its shareholders in the form of dividends. This short article explains how dividends are administered, and how dividends are taxed.

Things to consider when choosing a business name

When starting up a new business, one of the first things you need to do is choose a suitable name for your enterprise. It is worth spending time considering the name, since not only will this be the first thing potential customers see, but it will also be with you for the duration of your […]

What is Companies House?

When setting up and running a company, you will have regular involvement with Companies House. In this article, we look at the main functions of Companies House and what obligations limited companies have.

How to avoid problems with partnerships

Many small businesses are partnerships. Yet circumstances and ambitions change, partners fall out or die. Without a good partnership agreement things can get acrimonious. Here’s how to protect yourself from the start.

What limited companies need to send to Companies House

When setting up or running a UK company, the company directors and/or the company secretary (if appointed) are responsible for sending information to Companies House to ensure that the Registry is up-to-date. This may include changes in company details, or the submission of accounts.

Guide to Tradesman Insurance

For many small business owners whether they are plumbers, electricians, builders, or designers, the thought of being the recipient of an insurance claim for injury or property damage can be stressful. Without adequate insurance cover, costly claims could even put your business at risk.

What is a Business Plan?

A business plan is a document which captures how you expect your business will grow, according to a large number of factors such as funding, how the market behaves, the people involved in the business, and – of course – how successful you are at selling your product or service.

5 businesses you can start for £100

You no longer need huge financial backing and an original idea to start your own successful business. In fact, you could start your own business tomorrow – and have made a profit by next week. For years you may have dreamt of running your own business – but not had the funds or the idea […]

Turn your business into one that doesn’t need you

On day one of your new business, as you sit at an empty desk wishing the phone would ring, you think about the future and how exciting it will be to be busy. Fast forward two years to when you are working 14 hours a day, six days a week (with enough work to fill […]

Steps you should take when choosing a business name

Naming your organisation is not often seen as the biggest issue when establishing a business, but it can cause rather a lot of issues, particularly if there is more than one individual involved in the process and there isn’t much of a process to developing a name.

What are the Agency Workers Regulations?

With just two weeks to go before the Agency Workers Regulations come into force, a survey suggests that many of the UK’s businesses are unaware about the impact of the new rules.

Companies Act 2006 and private companies

The Companies Bill, formerly called Company Law Reform Bill, received Royal Assent on the 8th November 2006. The Companies Act 2006 (‘the Act’) consists of 1300 sections and is the single largest piece of legislation ever made.

Are your ready for The Bribery Act?

By now you’ll have already heard a bit about the Bribery Act but you’re probably wondering what it really means for your business. In this article, Helen Besant-Roberts, business services partner at accountancy firm, Hurst provides some background to the Act, and what what you need to be aware of when conducting business.

What is The Bribery Act 2010?

The Bribery Act 2010, which comes into force on 1st July 2011, puts the onus on businesses to ensure that they have adequate procedures in place to stop its representatives from bribing another person on behalf of the business.

Home broadband v business broadband

Most of us have used a broadband connection in one environment or the other – whether at home, at work or at school, the internet is now an important tool for people of all ages.

Bribery Act 2010 – Corporate gifts could come under tighter scrunity

New legislation is blowing the chill wind of austerity over corporate Christmas gifts, according to PwC Forensic Services. The Bribery Act 2010, due to come into force next April contains radical changes which could have a significant impact on corporate gifts to customers and clients, and which could lead to severe penalties for companies who […]

Mac vs. PC – which is best for small businesses?

Information technology is always a significant financial investment for a small business or start up – getting the right system in place has a massive impact on efficiency, productivity and the day to day running of a company. However, it can be difficult to get impartial advice on the system that is right for a […]