Running out of cash can have grave consequences for your business. It could result in it being put into liquidation or you being declared bankrupt.| ByteStart
No matter how successful your business has been with just you working in it, if you want to grow you'll need to employ people. There are a number of| ByteStart
Are you an employer that is being taken to the Employment Tribunal by an employee for alleged sexual harassment or racial discrimination or for unfair| ByteStart
When you are starting a business, sitting down and grappling with Health & Safety legislation isn't one of your top priorities. It's fair to say that| ByteStart
As a small business owner, your legal responsibilities when taking on staff can be somewhat daunting but with a little help you can soon get your head| ByteStart
Professional Indemnity (PI) insurance is an important consideration if you provide professional advice to clients via your own limited company.| ByteStart
Contractors and consultants provide professional advice and services to clients and as such, might well be liable for any mistakes or errors they may make| ByteStart
If you have set up in business via a limited company, there are a number of duties you will have - as well as legal and financial responsibilities - if| ByteStart
There are a number of different legal matters which need to be addressed before setting up a new business. Seeking good advice to help you through the| ByteStart
New start-ups and small businesses often fail to give much thought to their standard “Terms and Conditions of Business” (T&Cs). That is, until there| ByteStart
As an employer, you are required by law to give your employees a certain number of days holiday during the year. The amount of annual leave employees are entitled to depends on several factors.| ByteStart
Automatic enrolment has become an essential responsibility for hundreds of thousands of small businesses across the UK. Many small firms are still| ByteStart
If your business's "taxable supplies" over the past 12 months have exceeded the VAT registration threshold, you should register for VAT. From April 2024,| ByteStart
Savvy entrepreneurs seem to make more money, yet find perfectly legal ways to optimise their taxes. So what do they know, and do differently to cut their| ByteStart
Technological innovation is happening ever more rapidly and the changes will transform every industry. Small and Medium Sized Enterprises (SMEs) can| ByteStart
Bootstrap marketing is what the web is all about—a way of promoting a business on a tight budget, maximising return on investment and minimising risk. You| ByteStart
Business Asset Disposal Relief (BADR) can help reduce your capital gains tax bill if you sell your business. We explain how BADR works, what the current rates are, and what the lifetime limit is for disposals.| ByteStart
Important decisions made in haste tend to have implications. And while you shouldn’t use that as an excuse not to get on and make your dream happen, there are five things you must research before you start your business.| ByteStart
There are several reasons why opening a business bank account and keeping your business and personal finances separate is a good idea for a sole trader.| ByteStart
If you run a limited company, you will deal with Companies House fairly regularly. In this article, we look at Companies House's main functions and the obligations company directors have.| ByteStart
A good accountant will keep your books in order, help with tax planning, and will ensure that you meet all your tax deadlines. Here are some tips from the ByteStart team to help you choose the best accountant.| ByteStart
While nobody likes to think about it, things can and do go wrong when you're in business, no matter how cautious you are. An employee could get hurt on| ByteStart
Alongside big upsides, being a sole trader also has downsides. So, depending on your goals and the nature of your business, a different structure might be a better choice.| ByteStart
If you’re new to self-employment, setting up as a sole trader is the easiest way to go. The registration process is simple, there’s almost no paperwork involved, and you don’t have to pay any registration fees.| ByteStart
Registering as a sole trader is easy and inexpensive to do, but being self employed is not all sunshine and rainbows. Here are 15 things you should know about setting up a business as on your own.| ByteStart
If you're starting up, do you need a separate bank account for your new business? The answer depends mainly upon the type of business structure you choose to work under.| ByteStart
One of the most frustrating things you will come up against as a small business owner are bank charges. Unlike personal banking, where we are used to| ByteStart
This concise guide provides some practical tips for setting up the right business bank account and how to work out the real monthly cost.| ByteStart
Find out how much tax you pay as a sole trader - in terms of income tax and Class 2/4 NICs on your business profits.| ByteStart
Once you decide to become self employed, you can start trading right away. Here we explain how to register your new business with HMRC.| ByteStart
We have set up a partnership with Tide, which is trusted by over 500,000 businesses. Find out how to open a free business account. Plus get £50 cashback.| ByteStart