Advice and Ideas for UK Small Businesses and SMEs
The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.
When starting a business, there are a myriad of VAT, National Insurance, income tax and cash flow issues to consider. Clive Lewis of the Institute of Chartered Accountants in England & Wales offers this introduction to what to expect.
Accounting
Accounting
When starting a business accountants can provide a wide range of services. You can talk over the records that you need to keep for the business and whether you need to register for VAT.
Business Loans
I am 25 and I have some debt from University, which is a £6,000 loan, £3,000 credit card and a student loan which is paid through my employer. Would this type of debt stop me starting up my own business and getting the finance for it?
Alternative finance
Invoice finance and factoring are becoming mainstream alternatives to overdrafts, term loans, letters of credit and even private equity.
Small Business Banking
Charges and services vary a great deal from bank to bank so it pays to do your homework and find out what suits you and your business.
Small Business Banking
Without wanting to overstate the obvious, cash is the lifeblood of your business. Running out of it could finish you off. Cash flow is the balance of all the money flowing in and out of your business and forecasting it will make you better prepared for peaks and troughs throughout the year.
Accounting
When you run a business, you are legally required to keep certain financial records, like tax returns and VAT details. You might decide to do some of this yourself, but you need to weigh up the cost of a professional accountant against the time and potential headaches it could cause you.
Accounting
Red tape is a necessary evil in all businesses, so you need to make sure you're on top of it.
Accounting
When you run a business, you are legally required to keep certain financial records, like tax returns and VAT details. You might decide to do some of this yourself, but you need to weigh up the cost of a professional accountant against the time and potential headaches it could cause you.
Accounting
Red tape is a necessary evil in all businesses, so you need to make sure you're on top of it.
Accounting
If operating as a sole trader, profits (or losses) will be taxed under Income Tax rules and you can continue working in employment under PAYE (Pay As You Earn).
Small Business Banking
Business banking is a fiercely competitive market and high street banks now offer added-value services to small and medium-sized enterprises.
Accounting
As shown by a recent Smallbusiness.co.uk poll Christmas can be a difficult time for small businesses as sales fall away over the festive period causing cash flow problems. Follow these ten golden rules to avoid financial headaches over Christmas and into the new year.
Accounting
Is commission charged to our company vatable?
Partner content
Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade
Partner content
As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?
Business Technology
Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.