Checklist Questions to Ask Yourself Before Writing a Business Plan

It may sound a little odd, but you really should plan your business plan! It’s vital to spend time before getting down to the nitty gritty in order to clarify what exactly your business objectives are and how confident you feel in order to achieve them. I’ve compiled these checklist questions to ask yourself before writing …

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Why do I Need to Write a Business Plan?

Congratulations! You’ve found your perfect business idea and now you want to move on to the next stage – the business plan. However, you might be at the crossroads of wondering where to start and why you need to write one. In truth, understanding what a business plan is will be your first step to …

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What to Include in a Business Plan

So, you’ve developed the idea of your new venture; you know there’s a market out there for it, and now’s the time to start writing your business plan. The problem is, you don’t know where to begin! Before you start worrying about staring into a blank page, I’ve written this guide which covers everything you …

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What is an L17 Statement of Earnings?

L17 statement of earnings

Understand the L17 statement of earning form, who completes it and when it can be used, and see an example form.

The Complete Guide to Hiring Freelance Staff When Self-Employed

Being self-employed doesn’t necessarily mean doing everything yourself. As your small business starts to grow, you may need an extra pair of hands to help you with your increasing workload. Alternatively, you may need help with a particular task like filing your tax return or designing a new logo. In any case, there will surely …

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Strategic Tips: How to Price Services and Products

Let’s be honest, one of the major reasons we’re in business is to make money. Ideally, as a self-employed business owner, you do something you love by selling a service or product to your customers. However, if you don’t make a profit and you’re selling less than the costs, it’s likely your enterprise will fail. …

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Should I Be VAT Registered as a Sole Trader?

can a sole trader be VAT registered

Despite their unincorporated status, sole traders are business owners, and that means a sole trader can be tax registered. However, that doesn’t mean they have to be. Read on to find out more about whether you should be VAT registered as a sole trader. 1. Do Sole Traders Pay VAT? As a sole trader, whether …

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5 Reasons You’re Not Building a Successful Business as Fast as You’d Like To

5 reasons you're not building a successful business

Are you concerned you’re not building your business as fast as you’d like to? Here are 5 strategies you need to build a successful business.