UK company directors should note with concern the this weeks decision of the Employment Appeal Tribunal (EAT) which found two of a company’s directors jointly and severally liable with company to pay damages of around £40,000 to two employees, for discrimination on the grounds of religious faith. The employees succeeded in claims of unfair dismissal and the [...]
What is Guerrilla Marketing?
All Articles, Marketing, Running a Business // June 21, 2011Way back in 1984, an American Advertising Executive, Jay Conrad Levinson, published a book called Guerrilla Marketing: Secrets for Making Big Profits from Your Small Business. Levinson, who as Senior Vice President of J Walter Thompson was responsible for many major campaigns including the Marlborough Man, the Pillsbury Doughboy, Tony the Tiger, and the Jolly [...]
Is It Laziness That’s Holding You Back?
All Articles, Starting a Business // June 12, 2011If you have always wanted to run your own business (or even expand the one you have) but you haven’t yet made it happen, then maybe you are just too lazy to succeed. Or maybe you just haven’t found the information you need to make it happen because you haven’t got yourself organised. Here are [...]
Identifying Your Niche Market
All Articles, Business Management, Marketing // March 7, 2011These days everywhere you look on the internet people are talking about “Niche Marketing” and how by identifying a niche you can make lots of money. However, what is seldom discussed is what exactly a niche market is. Now, as it happens a niche market can be defined is several different ways but for our [...]
Business Networking for Success
All Articles, Growing a Business, Marketing, Running a Business // March 1, 2011Networking refers to the practice of interacting with associates, fellow entrepreneurs, colleagues and other people to build a network of far-reaching contacts. Today, networking has become an integral element of conducting business as it helps to reach wider audiences and perhaps maximize client base in the process. A very famous entrepreneur Robert Kiyosaki once stated [...]
Starting In Business: Part 1 – Choosing the Structure for Your Business
All Articles, Business Law, Starting a Business, Taxation, UK Business Taxes // July 22, 2008The basic ways to structure your business are as a sole trader, in a partnership, or as a limited company. If you trade as a Limited Company you are said to be an “incorporated business” any other structure is called “unincorporated”. There are advantages and disadvantages whichever structure you chose so when deciding on the [...]
How To Close Down Your Limited Company
Accounting for the Money, All Articles, Rescuing a Business, Running a Business // April 15, 2009In the UK it is remarkably easy and cheap to form a limited company. For less than £100, perhaps even less than £50, you can have a company formed in a matter of hours. This compares to the situation in many other EC countries where the costs can run into thousands and it can take [...]
Pouring Money Down the Greek Drain
All Articles, News & Views, Political Comment, Rants & Raves // October 14, 2011Everyone knows that the Greek economy is in meltdown and has been for some time. Frankly it is a scandal that Greece was ever allowed into the Euro. At the time everyone knew that the figures provided could not be right, but unlike the story of the Emperor’s New Clothes, there was no little boy [...]
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In the last few years Health & Safety (or ‘elf and safety) has been an increasingly popular source of stories for the media. We have all seen stories about local councils cutting down apple trees in case people trip over fallen apples and hurt themselves, or stopping using hanging baskets in public places in case [...]
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The Office of Tax Simplification has today published a document dealing with the taxation of small businesses. It contains a general appreciation that for very small businesses the existing tax rules are over complicated and that they tend to cause problems and costs for the business owner or manager that discourage and penalise entrepreneurial ideas. [...]
Continue →Is Sir Paul Stephenson Guilty of Money Laundering or Tax Evasion?
Before I continue let me make it clear that the above is not an accusation but a genuine question, and one which I think needs to be answered urgently. By now there can be few people who have not heard that Sir Paul Stephenson, the Commissioner of London’s Metropolitan Police force, resigned last night. In [...]
Continue →Did Murdoch Always Plan to Close the News of the World?
Anyone with even a passing interest in the relationship between politician and newspaper publishers has knows for many months that it was only a matter of time before the inept cover up of the illegal practices carried on by, or on behalf of, the News of the World would unravel. So it has proven this [...]
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Her Majesty’s Revenue & Customs have announced a new hit list of potential tax cheats who they are targeting for investigation. High on that list are teachers who make extra cash from giving private lessons, people selling goods on eBay, Amazon or other internet sites, personal trainers and tradesmen and businesses who hide their true [...]
Continue →Auto Enrolment Pensions Will Hurt Small Businesses
In an attempt to deal with the looming pension crisis and the failure of people to make provision for their retirement, the UK Governments has introduced legislation that will require all employers to auto-enrol their staff in a qualifying workplace pension scheme. The rationale behind the legislation is that it seems that currently many employees [...]
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