Business Guides

People run businesses for a variety of reasons, from passion to pride, but making a living is high up on the list for most people. How do you go about drawing profit from your business efficiently? If your business operates as a partnership or sole trader, the profits...

As traditional loans fall out of favour with increasing numbers of business owners, you may be looking for an alternative route for financing – and your pension could be the answer. Funding your business using your pension pot may be an overlooked option compared to...

Have you considered what your retirement might look like financially? It’s important to think about what you can do and achieve in your retired years. This guide will help you plan ahead for your future and covers: State pensions Pension contributions Retirement...

The Global Financial Crisis (GFC) delayed the exit plans of the baby-boomer business owners, but their need to exit has not gone away. The value of the average business has been limited for a few key reasons: Most businesses have been structured and operated with the...

The Global Financial Crisis (GFC) delayed the exit plans of the baby-boomer business owners, but their need to exit has not gone away. The value of the average business has been limited for a few key reasons: Most businesses have been structured and operated with the...

The question as to whether someone is employed or self-employed is not as straightforward as it might at first appear. Many people assume they are free to choose, but HMRC emphasises that this is not the case. In this guide, we answer a number of key questions: How do...

Even the strongest relationships can suffer in times of adversity. Good planning is an essential part of creating a successful business partnership. Our guides provide information on important aspects of your partnership, such as setting up a formal agreement and...

A business plan is essential for every business. Failing to plan your business is the first step toward planning to fail. Recording your ideas, plans and strategies is essential given the ongoing sluggish economy when so many business owners are struggling to maintain...

Pricing strategies can have a huge impact on the performance of any business, so it’s vital that you have thought about yours in great detail and understand what your pricing strategy means for your profitability. In this guide, you will find out: How to balance cost...

Buying an established business that someone else wishes to sell provides a path that many follow to fulfil their desire to enter into business or expand an existing portfolio. Much like buying a second-hand car or house, the need for care and due diligence is...