There are many financial considerations that will need addressing when you buy a new business and unfortunately tax is one of them. The type of tax you pay may vary depending the size and type of business you buy, but Stamp Duty is a common addition to business purchase calculations.
There are three different types of Stamp Duty you may have to pay when you purchase a small business: Stamp Duty Land Tax, Stamp Duty Reserve Tax and S... Continue Reading
Selling any business can be emotion-fuelled and complex, but this is even more likely to be the case if you're thinking of selling a family business. Whether it's a new business that's been nurtured with a sibling, or an established industry brand that's been run under the family name for generations, it won't always be easy to keep your head ruling over your heart so it's vital that you're thoroughly prepared.<... Continue Reading
Digital marketing has become the new business 'it' term, dominating planning and spending for small and large businesses alike as companies attempt to connect with their target audience and boost their sales. However, demonstrable strength in this area could also be a valuable factor should you decide to sell your business.
We've explored how some of the main areas of digital marketing could make your business stand ou... Continue Reading
Congratulations! You've found and purchased a business and you're ready to transform it into the company of your dreams. But where do you start?
Whether it's in need of modernisation, lacking in innovation or just in need of an efficiently distributed cash injection, the key considerations highlighted below could help you establish the best way forward as you work to turn your business around.
Cut down on... Continue Reading
We'll admit we're still as uncertain as the next person when it comes to the future of Britain's relationship with the EU. But what we do know it's important that small business owners prepare as well as they can, as far in advance as they can.
Whether you're reliant on imports or exports, worried about legislative changes, or looking to buy or sell, you should ensure you have a contingency plan in place so ... Continue Reading
Diversification is a bit of a buzzword these days, dominating the news in industries such as farming and retail where many business owners are weathering financial turbulence.
For some of these companies, branching out into new markets has helped them establish new sources of profit and ensure the future of their business in a changing market. But there are still many business gurus who argue that standing your ground in a niche mar... Continue Reading
Buying or selling your business can be an exciting time but with so many aspects of the sale to deal with it can also become overwhelming.
To ensure the deal goes through as quickly and easily as possible it's vital that you stay on top of your paperwork. Specifically, all of your legal documents should be prepared as far in advance as possible and presented to the relevant parties as soon as they're needed.
We... Continue Reading
Valentine's Day isn't for everyone, but there's no arguing that it has become a significant date in the marketing calendar for small and large companies alike. Whether you're encouraging your customers to show their love, or providing them with the perfect way to avoid the hearts and roses as much as possible, this is a marketing opportunity not to miss.
To help you make the most of the occasion, we've put t... Continue Reading
So you've made it through the January lull but you may still need a bit of extra funding to help you achieve your 2019 business goals. We've put together a list of six popular methods of raising money for your business, so you can ensure your New Year's resolutions don't melt away with the snow.
Family and friends
It's not an option for everyone, but your own trusted contacts are a great source ... Continue Reading
So, you’ve bought a new business or maybe you’re looking to sell. Whatever the case may be, you want to increase the value of your business. After all, what’s the point if your business isn’t growing in value?
You will need to be prepared to invest a good chunk of time and potentially inject some investment to grow the value of your business, but by doing it right, you are more likely to create a business that will be an attr... Continue Reading
Christmas and New Year have come and gone, making the transition into January a rather dull and dreary one in comparison to the festive December season. And precisely for this reason, small enterprises may be feeling the pinch. Getting through the winter period is often tough when business is slow to pick up after the expensive year-end, but it needn’t be like that for too long. Here are some ways you can beat the January lull and pull your com... Continue Reading
We’ll let you in on a secret - pubs are making a comeback.
Just over the recent holiday season, pubs saw a sharp increase in festive sales, with reports of sales growth of 12.3 per cent over a two week period.
Statistics from Office of National Statistics (ONS) also shows a glimmering outlook for pubs, with employment being reported as on the rise in the sector, with a 6 per cent increase since 2008 and a more signifi... Continue Reading
We live in a digitally evolving world, and there’s no doubt that small businesses ought to keep up technologically if they wish to compete in a level playing field. Much like last year, 2019 is expected to be filled with a number of technological advances that will assist with growing and improving your business – here are four trends you should keep an eye out for to ensure that you stay on top of the game.
Data analytics to ma... Continue Reading
You’ve got a product or service and even have a logo for your business venture. That’s all you need right? Wrong. A business venture is not complete without a marketing strategy.
You need a way for your customers to find you. Your business requires visibility. Sure, word of mouth is a great start but let’s take it a step (or two) further.
Do you know your customers?
Your product or service is not a o... Continue Reading
Forget the gym and the traditional January diet. This New Year, choose a resolution that will help your small business grow and succeed, regardless of the bumps in the road you may have to face throughout the year.
We've put together a list of five possible New Year's resolutions that might help you steer your business on the right path in 2019.
1. Manage your cash flow more effectively
If you are... Continue Reading
For just £30 your business for sale will feature at the top of and in the sidebar on business for sale pages, making your business stand out from the crowd