Telling the truth about SME life today

Highest Job Satisfaction in the UK

Highest Job Satisfaction in the UK

Job satisfaction is an important component of overall life satisfaction and happiness. Choosing a career that provides high levels of job satisfaction can have significant benefits for mental health, motivation, productivity, and enjoyment of life. The UK offers many excellent career options that rank highly in various measures of job satisfaction. Understanding which jobs offer […]

What Is A Close Company?

What Is A Close Company

In the UK, a close company is defined as a limited company with five or fewer participants, or a limited company where all the participants are also directors. For most small limited companies, ‘participators’ will just mean shareholders. However, if the company has issued debt finance called debentures, then the holders of the debentures will […]

How Much Does It Cost To Set Up A Limited Company In The UK

If you wish to register for Corporation Tax simultaneously, there is a £12 fee payable to HMRC. The expenses associated with establishing a limited company vary based on the method you choose for the setup process, with three available options. You can either independently register a limited company through Companies House, engage an accountant, or […]

Out of Office While Travelling for Business Examples

Out of Office While Travelling for Business Examples

Going out of the office while travelling for business is common for many professionals. Being on the road means you’ll be away from your usual work responsibilities and unable to respond as quickly to emails and calls. Setting up an out-of-office message is important to let people know you’re away and provide alternative contacts if […]

What Is Waterfall Methodology?

What Is Waterfall Methodology?

The waterfall methodology is a sequential design process used in project management and software development. It is one of the oldest and most straightforward approaches for moving a project through various phases from conception to completion. As a business owner or manager, understanding the waterfall methodology can help you effectively plan and execute projects in […]

Alternatives to Royal Mail in the UK

Alternatives to Royal Mail

Royal Mail has been the dominant postal service in the UK for over 500 years, having been founded in 1516 during the reign of King Henry VIII, but in recent years its monopoly has declined due to increased competition. Here is a summary of the main alternatives to Royal Mail: Courier firms like DPD, Hermes, […]

Doing Business In Singapore: What Is The Best Way To Connect With The Singaporean Audience?

Business in Singapore

Expanding a business to Singapore, a thriving international hub, offers numerous opportunities. However, effectively connecting with the local audience is key to success. This comprehensive guide will explore strategies for connecting with the Singaporean audience and highlight the pivotal role of professional translation services Singapore. Understanding the Singaporean Audience A thorough understanding of their demographics, […]

The Advantages And Disadvantages Of Being A Public Limited Company

The Advantages And Disadvantages Of Being A Public Limited Company

Public limited companies, often abbreviated to PLC, are a common type of company in the UK. This type of company sells shares of stock to the public, who become then shareholders, and there are plenty of advantages and disadvantages of being a public limited company (PLC).  Advantages include that it’s easier to raise capital,  investment […]

What Are Unsociable Hours And Do You Have To Pay More

What Are Unsociable Hours And Do You Have To Pay More

Unsociable working hours typically refer to those, outside the 9 a.m. 5 p.m. schedule, although there isn’t a strict legal definition. While these hours can present challenges to employees, there is no requirement for employers in the UK to provide additional pay for them. Saying that understanding and addressing unsociable hours can have a significant […]

Nature of Business

Business vs company

When exploring the nature of business, many people are confused about what a ‘business’ actually is and the difference between a ‘business’ and a ‘company’. Is there any difference at all? Can the terms be used interchangeably? In this article, we will help explain the nature of business and settle the business vs company debate […]

The Small Business Guide To Buying From A Wholesaler

Buying From A Wholesaler

In the fast-paced, competitive world of small businesses, smart sourcing of products can be a game-changer. Buying from a wholesaler is one of the most cost-effective ways to source inventory for small business owners. If you are tired of spending too much money on inventory for your small business and dream of finding a way […]

How To Run Two Businesses Under One Company

Businessman

Running two businesses under one company is gaining popularity among UK entrepreneurs. This article explores the advantages, including cost savings, streamlined operations, and cross-selling opportunities. We will cover key considerations and strategies for managing two businesses within a single entity, such as legal, financial, organisational, and marketing aspects, backed by real-life case studies to offer practical […]