Entries by catfi5h

What Help As A Small Business Is Available During The Coronavirus?

For small businesses, the coronavirus pandemic has created an environment of severe uncertainty and financial hardship that is constantly changing. The modern world has never faced a crisis like this before, nor one on this scale, making it difficult for businesses to know what to do to stay afloat. Luckily, there are a number of […]

How Does Your Business Survive During The Coronavirus?

By now, businesses are starting to understand the impact that coronavirus is going to have on our economy, and on various sectors. For some that impact is already being keenly felt, such as in the hospitality and leisure industries. For others, it is only a matter of time. However, now is not the time for […]

What Is Wage Push Inflation?

Wage push inflation is an idea that economists and governments often use as a reason that it could be difficult to increase minimum wage in a country. But what does it actually mean? Put simply, the term refers to a situation where a rapid increase in the wages of employees causes the rate of inflation […]

How To Find Investment

For new businesses, finding investment can be the most nerve-wracking part of getting set up. With thousands of start-ups springing up every year, investors receive dozens of pitches every day, and it will take something special to convince them that yours is the right company to choose. It is not uncommon for entrepreneurs to meet […]

Exit Strategy – Why Do You Need One?

An exit strategy is the preparation made by a business owner to leave their company on a permanent or semi-permanent basis. Departure from a business is normally followed by succession (passing the business onto a family member), a disposal (through a sale or a merger), or the permanent closure of the company.   Succession Planning […]

What Is An Entrepreneur?

Broadly speaking, you can define an entrepreneur as someone who sets up and runs businesses in potentially lucrative unexploited or under exploited niches. The money needed to launch the business will be drawn from their own finances or finance they have raised from other sources. Entrepreneurs are notable because they have ambition in abundance, they […]

The Advantages And Disadvantages Of Employing Staff

If you’re a business in the UK, hiring staff can be a big decision. Before taking on employees – whether on a full-time, part-time or self-employed basis – it’s important you have a good reason for adding to your workforce and understand the legal responsibilities that comes with employing new members of staff.   What […]

How To Sell Your Business

There are many reasons that you, as a business owner, might decide to sell your business. The business might be failing, or you could be tired of running it. You might have a new opportunity you want to pursue or have other life changes that make it impossible for you to keep your business running […]

Ways To Improve Your Staff’s Mental Health

As an employer, mental ill health within your workforce can lead to lower productivity levels, increased absences and potentially staff conflict. As a result, raising awareness of mental health at work should be one of your priorities as a UK business.

Why Should Self-Employed Taxi Drivers Use Our Service?

You are considered a self-employed taxi driver if you work for yourself and set your own hours. Even if you use someone else’s vehicle for your job and use the services of a dispatcher, in the eyes of HRMC you are considered an independent contractor. Because of this, you will need to deduct expenses on your self assessment return, to lower your tax bill.