In our business structure we see, hear and advise many businesses who start up a business and are looking for the best advice on getting the very best out of their website. Many people who look to start a business usually overlook the obvious need for a website and even how to market themselves online in the best possible way, there are also a good proportion of business owners that start up in business because they have a great business idea. But sometimes they don’t always have the commitment to follow it through, whether they are not getting the best…
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How much holiday entitlement are Employees legally allowed? At Setting up a Business we always strive to give the very best information, but did you know or realise that from their first day of employment, all employees begin accruing statutory holiday entitlement under the Working Time Regulations (WTR as it’s known). Every leave year they’re entitled to 5.6 weeks annual leave, or as it is known ‘statutory holiday’. For example if you have employees working 5 days a working week, this is 28 days each year that can also include public and also bank holidays. With those part time workers…
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Did you know there are around 200,000 freelancers and contractors working through umbrella companies in the UK, and the majority would be better off forming a limited company! Setting up your own limited company is the best approach for most contractors. Don’t be fooled by Umbrella Companies claiming greater tax saving – that’s simply not true. If you are unsure of whether contracting is for you or are just between permanent jobs, then an Umbrella Company may be the option, but it is the most expensive way to work. Various accounting companies specialise in contractor accounting. A limited company can…
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Did you know that from April 1st 2013 the Small Claims threshold limit has changed from £5,000 to £10,000, this means the cases that started before the limit stay the same and the ones that have started get the increase. There will be more cases which will now be dealt within the small claims court track, as you are probably aware the main choice for going down this route is the court will usually be a little bit more involved, along with being helpful and sympathetic towards people representing themselves. This is turn will also save time and money on…
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Branching out from the banks when starting up a business In 2013 there are many business minded people looking to start up a business, and usually accordingly to figures by the Department for Business four out of five businesses only start to actually think about money only a few days before actually needing it. With the internet a ready place to find funding it is thought that most people only spend an hour searching around the web, and with most people using the big four banks. With many finance brokers in the commercial market sector, speaking to one is a…