Yesterday’s budget reminded me that there are still considerable tax benefits to owning your own business, beyond the normal personal tax choices of taking salary, or dividends.
The Chancellor has for a start not only continued with the Entrepreneur Relief Rate of 10% but expanded it up to a value of £5M. Now many entrepreneurs busy [...]

During the latest recession as skilled or senior professional people suffered redundancy, many decided to start their own businesses. Some escapees from the crash of the City actually became Investors into young businesses.
With the huge cuts to public spending now being implemented there will undoubtedly not only be direct job losses, but with contracts being [...]

I originally put a similar article to this in our resources section, but we continue to get questions about what to do if you have invented a new product, so I’ve also put these 7 tips here in the blog to reach a wider audience.
1. Work out whether it is an “invention” or a more [...]

In the past the stereotypical entrepreneur was always seen as young and if you look at Bill Gates and Richard Branson they started their empires when just out of their teens.
However latest findings in the States have shown that the fastest growing age group for people starting a new business are the 50 – 65 [...]

During our last Business Plan Workshop we had an interesting question asked  – “when should someone accept that their idea for a business will not work?”
Normally I am adamant that you need persistence and belief in yourself, never give up your dream. But this made me stop and think.
Certainly in the past I’ve had entrepreneurs [...]

Over the years I’ve had friends that have talked about starting their own business but never got around to it. More recently I’ve also had hundreds of entrepreneurs contact me about various aspects of either starting a business, or making a significant change to an existing business to move it to a higher level of [...]