As we enter the final month of the year, the UK government have unveiled their Autumn statement which announces their plans for spending and tax for the year ahead. This blog will explore what exactly the Autumn Statement is, what the 2023 Autumn Statement has announced and how it affects you as a small business owner.
Data from PitchBook places London in the top ten for having the most ‘developed’ tech ecosystem in the world. London is placed amongst cities like San Francisco, Beijing and Seoul, it's the only European city to make the top ten with its closest placed city- Berlin - in the top 20.
Starting and sustaining a small business is no easy feat, the availability of grants can be a game-changer for aspiring entrepreneurs and existing businesses alike. Read on for our comprehensive list of grants available for small businesses in 2023.
MadeSimple Group and ANNA (Absolutely No Nonsense Admin) Money have announced a partnership to offer a free company registration with a business bank account to support new entrepreneurs. Together, MadeSimple and ANNA are aiming to boost aspiring entrepreneurs by simplifying the company formation process and helping with the costs associated.
Are you in the process of becoming a ltd company? It's worth knowing that you can register a UK limited by shares company with just one person.
The “Section 243 Exemption” is a term you will come across when appointing a limited company director via the AP01 form (online or through paper documentation). A 243 exemption means the proposed director’s residential address will not be disclosed to any credit reference agencies.
You have started a business but you’re short of one very important thing… money. Having an extra source of capital can help your business in a number of ways: You could hire new staff, acquire a new office space, build a new product, go live with a marketing campaign, and of course much more.
Whether its clients “forgetting” to pay, stalling for time before settling their bill - or sometimes just deciding not to pay you at all - having to chase up money that’s rightfully yours is frustrating and time-consuming. And the problem of late payment is more widespread than you might think - the UK government estimates that small firms are currently owed around £26bn in late payments, while the process of chasing debts costs these businesses millions of pounds more.
On Thursday the 23rd of June we all get our say on whether Britain should remain part of the European Union or go it alone. The result of this referendum will undoubtedly have a huge impact on the future of Britain’s businesses.
As part of our continued endeavours to make business and life simple for our customers (and ourselves) - we’re undertaking some research to get close to what’s really going on with our customers - and importantly, what’s NOT making business simple for them. As brilliant as we all are at interpreting how to make business simple - there’s nothing better than hearing it directly from the ‘horse’s mouth’.
In the first part of our interview Lord Young gave his opinion on what makes a great entrepreneur and his most recent initiative, Start Up Loans - and how it has created opportunities for small businesses which did not exist before. In this week’s post Lord Young gives his views on the possibility of a tech giant emerging from the UK and what he thinks of the EU (amongst various other things).
As a business owner it is important to know about wider issues - which may indirectly affect not just your venture but the business landscape in which you operate in. As a small business one of the most important skills that you will need to have is adaptability.