Finances for Small Business

Help with the financial side of starting, running and growing your small business.

What tax do you pay when selling a business?

Selling your business is a mix of negotiating, legal work, dozens of process steps, and answering lots of questions from a potential buyer. Along...

What size is my business?

In the UK there are a number of classifications that help define the type of business you are running. It's important to know how...

What are abridged accounts?

Each year your business needs to compile its financial accounts and submit these to Companies House. Your company's year-end accounts will include a range...

Writing an effective business plan for your small business

A business plan maps out your company's way of operating and its growth and provides a detailed blueprint of how the business will thrive...

Understanding profit margins – what is a good profit for a small business in the UK?

You're running a small business and it's doing well, but what's a good profit margin compared to other businesses in the UK? Once you...

How to value a small business

How do you value a small business? Business valuation involves working out the monetary worth of a business and, if you're thinking about buying...

How much does an accountant cost for a small business in the UK?

Managing the finances of your business is important and your cashflow is essential - but what about sorting out the annual tax return? If...

Small business health insurance – choosing the right policy

When it comes to your business, your employees are essential - and regardless if you have one employee or a few dozen, the business...

What is a balance sheet – and why is it important for my small business?

One of the best indicators of the financial health of a business is its balance sheet. I'll explain why it's important for your small...

Choosing the best business bank account

As a business owner, one of the most important decisions you will make is choosing the right bank account for your company. A business...