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Articles and guides for directors of SMEs, including advice on strategy, financial performance, risk management, and corporate governance practices.

News

Number of UK debut directors at all-time high

There are more first-time business owners in the UK than ever, research finds.

Legal advice

Hiring a friend as director

I want to hire a friend as director to help me in my business for no salary. He is working for another company. How can we can do it so his obligations (Tax, NI, SSP) and benefits (pensions) as an employee at his current job will not change?

Legal advice

Can we get rid of a director?

I own a small business, incorporated in February this year, as one of three directors. One director is proving awkward to work with and won't agree to anything the other two directors decide on. We want to continue in business with just us two directors and get rid of the third guy. What are our options?

Accounting

Director of two companies

What are the tax implications of being a director of two companies?

Legal advice

Removing a director

Q: I am one of two directors of a small private limited company. I would like advice on how best to remove the other director. We are equal shareholders.

Accounting

Making directors liable

Most directors believe that a limited company does what it says on the tin: in other words, they do not expect to be held personally liable for the company's misdemeanours. That could be a false assumption, writes Kelly Tinkler of solicitors Rooks Rider.

Accounting

Paying directors with dividends

I am soon to open my company and keep hearing people refer to dividends as a method of payment for directors, whilst paying them around £5,000 per annum as a wage. Is this legal and if so, can you explain how this works please?

Accounting

Company Director’s Pay – Dividends or Salary

There are numerous ways in which company directors can pay themselves in a tax-effective manner. However, the most topical debate raging at the moment concerns the notion of taking a high proportion of your earnings as a dividend rather than via a salary.

News

Coaching for SME directors

A new course has been launched to enable young or newly appointed directors of small companies to discover more about their role and responsibilities.

Recommended Content

Partner content

Benefits of switching to the right business bank account

In case you were in any doubt, here are five key benefits of switching your business bank account – and how to make the switch.

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Partner content

What are the funding options for hospitality businesses?

Hospitality businesses have faced a number of challenges in the last couple of years. Find out what funding and support is available.

Employing & managing staff

The importance of vocational rehabilitation services for SMEs

In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?