UK Startups are stalled by skills shortage and access to finance

The Institute of Directors (IoD) have published findings this month that indicate that entrepreneurs around the UK are struggling with accessing finance and hiring skilled workers for their businesses. The IoD conducted the very first IoD 99 network survey which has confirmed that startups around the UK are all facing these problems, with inevitable detriment …

What can I record as Expenses?

Most things that you buy for your business can be classed as expenses. Any Corporation Tax your business pays is calculated after your expenses have been taken into account. So accurately recording expenses means you can end up paying less tax. Startup Costs One of the first things your business can claim back are your company …

Which Party Should Startups Put Their Trust In?

With the general election looming ever closer, the political parties are fighting tooth and nail to try and convince undecided voters to pledge their support to them on polling day. One of the demographics that have been a focus for virtually all of the campaigns has been the country’s small business owners. Widely agreed to …

6 Numbers Every Business Owner Needs to Know

We’ve all seen it on Dragon’s Den. The sight of budding entrepreneurs squirming in front of the panel as they try to recall the financial information about their fledgling businesses that will go a long way to determining whether they secure investment or not. But it’s not just your prospects for receiving a cash injection …

5 Tips to Help Small Businesses Keep Cash Flowing

The issue of late payments and the effect that it has, particularly on startups and small business, is well documented and continues to be a topic of much discussion. Only last month the Federation of Small Businesses (FSB) took the grievances of its members regarding bad payment practices to Downing Street. A look at some …

FSB Meets at Downing Street to Discuss Issue of Bad Payment Practices

Bemused at the lack of progress being made to arrest the alarming decline in payment practices in the UK, the Federation of Small Businesses (FSB) was granted an audience at Number 10 Downing Street this week to voice their concern at how the issue is affecting small businesses. Recent FSB research has revealed that almost …

EU VAT Rule Change Creates a VAT Mess For Micro-Businesses

The internet has made it incredibly easy for lots of entrepreneurs and startups to find customers and build a business. Now lots of micro-businesses and solo entrepreneurs who sell online are worried that a new EU VAT rule will mean the end of their business. In the UK, businesses aren’t currently required to register for …

Top 5 Reasons to Use Cloud Software for your Business

Cloud computing, or cloud software, has become of the key trends in IT and business over the last couple of years. Cloud computing has been around for a while but with decent internet access now available nearly everywhere in the UK it is starting to come into its own. The basic principle is simple. Rather …

What insurance do new startup businesses need?

When starting a new business people tend to focus on the positives. They think about how good their idea is, how much money they are going to make and what they are going to spend it all on. They may not think about what they are going to do if things go wrong and how …