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Almost a quarter (25 percent) of small firms experienced a pre-tax decrease in profit of 50 percent in 2010, according to the latest research.
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The London Stock Exchange has beaten forecasts with pre-tax profits of £238.2m in the year to the end of March, up from £144.3m the previous year.
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The quarterly ‘rent day’ today (June 24) has caused several chain stores to go into administration, and others to issue profits warnings.
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The number of new companies created in the UK has risen for the second year in a row – although there are arguments that new business may be being created as a way of avoiding tax.
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While many business owners and managers have found the recession tough, others were busier than others – including Skin Studios. Regardless of this, they opted to restructure the business in August 2010, focussing on their specialities to maximise profits.
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www.seb2b.co.uk makes it easy to do business with social enterprises. In one place you can find socially responsible businesses providing a wide range of services and products. Search the directory to efficiently find a third sector supplier for your business needs. And b...
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This article was written by Michael Buckworth, a partner in Buckworth Solicitors. Buckworth Solicitors is a London based law firm specialising in assisting start-ups on a range of matters. The firm works solely on the basis of affordable fixed fees. Michael worked at two of th...
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This article was written by Robert Lamoon, founder and director of Energy Savvy, which aims to help companies become more energy efficient. Energy Savvy, a member of the Energy Saving Association, was founded in 2011, and is an approved distributor for multinational energy eff...
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Partnerships allow two or more people to structure their business operation without incorporating – partnerships are not legal entities and can’t own assets, meaning partners have unlimited liability for company debts.
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Setting up as a sole trader is the easiest and quickest way to start your own business. The administrative burden is minimal but you will need to notify HMRC that you’re self-employed.
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Almost three quarters (72 percent) of entrepreneurs in the UK claim inadequate technology is reducing profitability in their business, with the majority highlighting a reduction of 30 to 50 percent due to technology not fulfilling requirements.
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Your accounts can tell you a lot about what is happening in your business but not many business owners know what story the accounts are telling them. By properly interpreting the numbers in your accounts can mean the difference between success and failure. Your accounts shoul...
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As legal entities, limited companies are subject to strict taxation requirements. These requirements can be very complex; whilst it’s possible to file the appropriate returns yourself you may wish to hire a professional accountant to take on the administrative burden.
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The draft Patent Box legislation remained intact at its first reading in Parliament, with just some minor tinkering at the edges, according to Withers & Rogers, a leading firm of patent attorneys.
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As a business owner, you need to stay ahead and maximise short-term profitability of your business so you can increase the level of income you extract from it. Increasing business profit is already a challenge, but coupled with potentially high rates of personal tax, the...
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Our Digital Marketing Services create awareness, sales and increased profits for every pound you spend. Utilising online channels to boost your business is no longer simply a matter of putting up a website and expecting customers to find their own way to it. In a crowded m...
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This summer’s Olympic Games will see British consumers purchasing more than double their usual amount of food and drink according to an independent survey carried out by OnePoll and commissioned by destination media group Redbus.
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Research suggests tax incentives to help smaller firms invest in new equipment are too complicated.
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UK businesses are regaining some confidence despite concerns over the eurozone crisis and slow UK growth but risk losing out to global competitors if they fail to invest for future development, according to the latest Business in Britain report from Lloyds TSB Commercial.
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Research carried out by the UK’s Social Enterprise Coalition about attitudes to public service provision has uncovered a remarkable preference for community businesses that reinvest their profits above private, public and voluntary sector providers. Community businesses like t...
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