SME loan success rate up to 80%
Four out of five SME loan applications were approved in 2014, compared with 71% in 2013, according to research by venture capital firm Albion Ventures. Despite… Read More »SME loan success rate up to 80%
Business Advice
Subsistence and entertainment
Subsistence is a payment for an individual in relation to work-related travel, accommodation and meals beyond those normally required. Entertainment is when someone in business… Read More »Subsistence and entertainment
Financial planning for businesses
Financial planning is essential to the success of any business, whichever stage it is at. Having an accurate idea of your current and likely future… Read More »Financial planning for businesses
Salary or dividends
When is it beneficial for a company owner or director to take a dividend rather than salary? Many people running businesses prefer to do so… Read More »Salary or dividends
Overtime normal for most managers
More than 90% of managers work more than their contracted weekly hours, according to research from the Institute of Leadership and Management (ILM). Nearly two… Read More »Overtime normal for most managers
A quarter want to be entrepreneurs
More than a quarter of employees dream of running a business, according to a survey from Lloyds Bank Insurance. The report reveals that 26% of… Read More »A quarter want to be entrepreneurs
Economic update: August 2014
This guide looks at key UK economic indicators and the economic prospects for the coming months. Following a period of faster than anticipated growth at… Read More »Economic update: August 2014
Loans to employees and directors
This guide looks at the rules regarding loans made to employees or directors by a company. As an employer, you may often be willing to… Read More »Loans to employees and directors
Employee share schemes
The Government encourages trading companies to offer shares in the company to its employees. These are usually given away free or offered at a discounted… Read More »Employee share schemes
Limited liability partnerships
Limited liability partnerships (LLPs) were introduced in 2001 to provide the flexibility of a partnership with the limited liability of its members. They have proved… Read More »Limited liability partnerships