What is a SME business?

Is this a business term you hear regularly but aren’t sure of the exact answer? Although there are varying factors and characteristics to determine what is a SME business, it’s important you’re aware of what it actually means as it can affect the way you run your own business. Defining the size of a business … Read more

How Much Can You Earn Before Paying UK Self-Employment Tax?

how much can you earn before paying self-employed tax?

If you are self-employed you can earn up to £1,000 each tax year before paying tax in the UK by taking advantage of the trading income allowance. It’s a tax-free amount you can get paid in income (not profit) without letting HMRC know and avoid registering as self-employed. Once your income goes over £1,000, you can … Read more

How to Survive and Thrive in your Business for 2023

When you’re a business owner and want to prosper, you’ll need to consider new ways to develop your business in the coming year. Regardless of the industry you’re in, or whether you have a side hustle or larger company, focus on growth is essential to survive and thrive in your business. Running a self-employed business … Read more

Differences Between Self-employed and a Small Business Owner

Do you sometimes get confused as to what you call yourself in relation to running your business? Solopeneur? Self-employed? Business owner? Freelancer? Essentially, these titles all represent people who chose to earn an income independently rather than through traditional employment. While the difference between small business owners and the self-employed could be construed as subtle … Read more

How to Increase Profits From Your Small Business

It’s what all business owners want to know – how you can increase profits from your small business! In these tough economic times, it’s even more crucial that small businesses need to diversify. And more importantly, generate extra income from your business. You might be thinking that you’re already run off your feet trying to … Read more

7 Common Small Business Bookkeeping Mistakes

It’s fair to say that the majority of small business owners don’t enjoy the mundane task of bookkeeping! However, it’s a necessity to successful manage a small business. While you may find it tedious to keep track of your receipts, payments and other essential financial paperwork, it’s an unavoidable task! If you feel like you’re … Read more

Email Marketing Essentials for Small Businesses

Regardless of the industry your small business is focused on, email marketing is key for boosting your personal relationship with customers while helping to grow your brand to the next level. Plus, it involves a minimum investment! Although we’ve all received glitchy pop-ups in our spam folder, it’s important to get it right when using … Read more

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