Understanding Asset Locks A Community Interest Asset Lock is a legal restriction used to safeguard its assets. It ensures that these assets are used for the benefit of the community, rather than for personal gain. Asset locks play a crucial role in maintaining the...
Do you want to know How to change your attitude towards money in your business? It's natural to be thinking about money, talking about money, and planning what you're going to do when you make money. But let me ask you a question! How often do you look at your...
Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. You cannot make...
How operational gearing affects your business Do you know How operational gearing affects your business? In a nutshell it shows much risk you have, and affects your survival, growth, and prosperity. What is operational gearing? Firstly, let us talk terms. Operational...
How to take your business seriously Most importantly there is no magic bullet to make your business successful. Don't treat your business as a hobby, it's more than that. Run it, deal with it and approach it as a business. Business or hobby? Firstly, what’s a...
How to kick start your Social Enterprise. What you need to know. What is a Social Enterprise? There are over 100,000 social enterprises throughout the country. Contributing £60 billion to the economy and employ two million people. Firstly, Social Enterprise, Charity,...
Business plan: Final steps This blog looks at your Business plan:Final steps. Above all, it follows on from our previous blog where we mapped out the initial stages. Management To clarify, people reading your business plan need to be given an idea of why they should...