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There are many different vehicles you can use to set up your business. You might start out as a simple sole trader, paying income tax and remaining unregistered. However, as you begin to expand you might look for a more structured framework. The LLP (Limited Liability Partnership) is a flexible business vehicle that has been…
Your workforce will be key to the growth of your businesses – and even if the workforce you need to employ is only three people deep, the hiring process still requires some careful management. Who should you hire? The stage your business is at will determine to a certain extent the kind of staff you’re…
‘Cash flow problems’ is a phrase that can strike terror into the heart of any business owner. Any entity, large or small, can be sunk without careful management of cash flow. That’s why it’s so crucial to stay on top of your cash flow and to make sure you’re comfortable with how it functions within…
