So you’re an employer. And whether you employ 500 people or just 5, you have automatic enrolment responsibilities when it comes to your employees’ pensions. So here’s what that means for you and how automatic enrolment works.
Going from self employed builder to owning a construction company brings with it a whole host of added responsibilities. Understanding costs and overheads is one really key thing in any business. We dsicuss that specifically for construction businesses.
Trusts are set up for several reasons, such as to control and protect family assets, or when someone is too young to handle their affairs. They can also be used to pass on assets when you die, which is known as a ‘will trust’.
So how can trusts be beneficial to you in the context of your business? Let’s take a look.
If you find yourself in the fortunate position of still having some disposable income despite the cost of living crisis, then you may well be wondering what you should do with it. Save for a rainy day? Treat yourself? Or maybe pay off debts. We look at the benefits and the savviest ways to use your disposable income as a freelancer.
Cost reduction exercises – sometimes they’re part of a need and sometimes it’s useful to go through your company costs anyway and ensure there’s no waste. We talk about cost cutting specifically in construction companies.
So, you’re ready to expand your business? Congratulations! But as exciting as expansion can be, it also presents challenges. Here are some key considerations before you expand.
Interest rates are an integral part of the financial system. But they are often considered a daunting and confusing topic. In this post, founder and
As someone who is self employed your income may fluctuate wildly from year to year. And if one year you know your income is likely to much lower than the previous, you might wish to reduce your payment on account. Here’s how to go about it.
One option for businesses struggling financially is a Company Voluntary Arrangement (CVA). This is an arrangement designed to help the business through its difficulties. In this plain English guide, we discuss what a CVA is, eligibility and the process.
Whether you’re well versed on NFTs and you’re trading in them already or you don’t even quite know what one is, we’ve got you covered in our quick rundown. We’re covering what they are and how businesses could use them today.
Cashflow can make or break a micro business. So here are some practical tips for managing yours.
That primetime advertising slot in the middle of Corrie was something advertisers would have dreamed of once upon a time. But with such an immense shift in how we watch TV, is television advertising even still effective or as desirable for businesses as it once was?
For anyone looking to get a client or their own brands in the press, media enquiry services can be game changing. HARO is probably the most well known, but by no means the only one. So here are some more UK centric alternatives you should try in 2024.
Across Micro Biz Mag, we use affiliate links on some of our articles. In short, what that means is that if you click one of those links and then go on to buy something, we may get a commission (but you won’t be charged any more by the seller of whatever it is you bought). We think it’s really important to reiterate, though, that our opinions are our own. We do not accept payment to review anything and we don’t accept payment to place editorial either. We make sure whatever we publish as accurate and our opinions remain independent.