Strategies for Small Businesses to Connect with Their Local Community and Boost Customer Retention Engaging with your local community is a cornerstone for the success of small, independent businesses. Building strong ties not only attracts new customers but also helps in sustaining a loyal customer base. Below, we’ll explore some tried-and-tested strategies that have helped Read more…
Month: February 2025
Can I pay for my home office much needed refurb from my business?
Can I Use My Business Funds to Revamp My Home Office? Understanding the Tax Implications As a homeowner and entrepreneur, I’m in a unique position where my house doubles as my registered business address. Specifically, the small third bedroom is my designated office space. Unfortunately, this room is far from its prime. With peeling wallpaper, Read more…
How to get a start up / new business loan?
Navigating the Path to Securing a Start-Up Loan for Your New Business In the ever-evolving world of entrepreneurship, unexpected journeys can often lead to promising destinations. Having faced an abrupt job loss in April, I embarked on an exciting venture—a food business that has shown encouraging growth. Now, as my business continues to blossom, I’m Read more…
Is my understanding of tax that my company pays correct?
Demystifying Corporation Tax: Is My Company Paying More Than Necessary? When navigating the intricacies of taxation for small and medium-sized enterprises (SMEs), it’s essential to understand the true nature of the taxes your company is subjected to. As a member of a small team in a burgeoning business with a turnover of around £5 million, Read more…
Scam operation UK- TheAntiLife. Scam? Any advice on how to report this?
Unveiling the Mystery: Is TheAntiLife a scam in the UK? Navigating the complexities of alleged scam operations, especially when they extend beyond borders, can be daunting. I recently encountered a puzzling situation involving a UK-based entity known as TheAntiLife, which, on paper, seems legitimate but raises several red flags. As someone from the United States, Read more…
Do you do the marketing for your own business or do you work with a freelancer/agency?
Navigating Your Marketing Journey: DIY vs. Hiring Experts Are you steering the marketing ship for your business solo, or have you opted to collaborate with a freelancer or agency? Perhaps your strategy leans heavily on word-of-mouth referrals. Regardless of the approach, identifying the most effective tactics for business growth can be quite the adventure. I’m Read more…
Are you able to leave all declared profits after Corporation Tax has been paid in the Ltd company to carry over in subsequent years, and then draw dividends in (say for example) years two and three?
Understanding Dividend Distribution in a Limited Company Managing the profits generated by a Limited (Ltd) company often raises questions, especially concerning the strategic payout of dividends. A common query is whether it’s possible to retain all the declared profits within the company after paying Corporation Tax, and then distribute these profits as dividends in later Read more…
Are there any wedding venues here?
Exploring the Potential of Wedding Venues in Scenic Parkland Introduction Venturing into the realm of wedding venues is an exciting prospect, especially when considering the charm of a parkland estate complete with a stately country house, charming walled gardens, and a rustic barn. As I navigate the feasibility stage of this business venture, I’ve found Read more…
Square payment platform taken your money for 90 days with no explanation? Here’s what to do to get it back in hours.
How to Retrieve Your Funds from Square in Just Hours If you’ve ever experienced having your funds withheld by Square for 90 days without a detailed explanation, you’re not alone. Many small business owners face this frustrating situation when using Square’s payment platform. In the UK, such actions contravene financial regulations and are simply unethical. Read more…
Commercial workshop space options. Shared?
Exploring Affordable Workshop Solutions: The Quest for Shared Commercial Space Finding the Perfect Fit for a Small Manufacturing Business Hello everyone, I’m currently in search of a solution for my small manufacturing business as I prepare to relocate to the northeast. Previously, I shared workshop space with other small enterprises, but the move means I Read more…