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The advantages a limited company has over sole trader status 5 Aug 2013 | 10:00 pm
Although the sole trader route is the most popular way of running a business in the UK, there are significant advantages of working via a limited company. Setting up as a sole trader is without doubt ...
What is a dormant limited company? 30 Jul 2013 | 07:02 pm
A dormant company is one that doesn’t trade and has no accounting transactions. There are two main situations where owning a dormant limited company can be useful for start-ups and small business owne...
5 things you must do when you go self employed 18 Jul 2013 | 03:48 pm
One of the main benefits of becoming self employed is the ease with which you can start up and run your new business. You can even become a sole trader whilst working as an employee for someone else, ...
How to develop a strong USP and how to use it to attract more customers 15 Jul 2013 | 06:45 pm
Take a close look at any business that has been thriving over the last few years, and there’s a very strong chance you’ll see it has a clear USP, or Unique Selling Point. It’s something you need to de...
Professional indemnity insurance – A practical guide for start-up and small businesses 11 Jul 2013 | 03:31 pm
Professional indemnity insurance is an insurance policy that will protect you from claims made by clients who are not satisfied with the work you have done for them. If you are starting a new business...
£100 million business funding scheme now open to all high growth potential companies 5 Jul 2013 | 10:30 am
The Angel CoFund, which provides investment capital for businesses with the potential for rapid growth, can now be tapped by companies from all over the UK. Previously, only high-growth businesses in ...
What’s my business worth? How to value a small business 21 Jun 2013 | 04:25 pm
When it comes to selling a business, the most important question you need to ask is – how much is it worth? There is no single formula that can be used to precisely value every private business. The s...
VatChat 3 – Special VAT schemes available to UK firms 6 Jun 2013 | 02:30 pm
HMRC have provided a range of special schemes that apply to smaller businesses. They are designed to reduce administration, but also (in some cases) to assist cash flow. Under conventional rules, a bu...
5 Steps you must take before you start your business 23 May 2013 | 06:43 pm
Once you’ve made the decision to start your own business, the natural instinct for many is to charge headlong into getting it off the ground right away. Starting your own business might have been some...
Top 10 tax tips for small businesses 21 May 2013 | 06:19 pm
Here (in no particular order) are some handy tips from the Bytestart team, based on our findings working with small businesses over the past decade, and from our own personal experience. 1. Make sure ...
