General

To fund building your own home in the UK, there are several financing options available that are tailored to meet different needs. With the array of loan types having contrasting schemes of payment and eligibility criteria, this guide is designed to help you navigate the process and find out which ... Read more

As reported by the UK Government Business Population Estimates 2024, the UK is home to 5.49 million small and medium-sized enterprises (SMEs) which, at the time of the survey, represented 99% of the total business. Most of whom (5.45 million) are ‘small businesses’, where the number of employees is not ... Read more

Unpaid invoices have significant impacts on businesses, affecting more than just finances. The administration cost can strain operations, relationships and reputation.  A press release from the Department of Business and Trade on 19 September 2024 confirmed that delayed and unpaid invoices cost SMEs £22,000 per year with 56 million hours ... Read more

Same-day business funding refers to the process of receiving quick access to capital, for example, businesses facing an urgent financial need in the case of an emergency. This typically takes the form of a loan or financing option that allows a business to receive the funds within hours or on ... Read more

To buy a business with no money is a challenging process, but it is possible. Seller financing, investor partnerships or securing government grants are all avenues to explore in acquiring a business with little to no personal investment.  However, these methods come with many risks, which are crucial to understand ... Read more

Quick business lending can be an incredibly useful tool, particularly with businesses that have weaker cashflow or tight margins. For example, you might have landed a huge order, but your cash flow is poor – or maybe a key piece of equipment breaks down, and you don’t have the funds ... Read more

If you run a business in the UK, you’ve probably had a run-in with VAT. At 20%, it’s a hefty chunk – but not every business has to pay or charge VAT. Some businesses are completely exempt, while others can use simplified schemes like the Flat Rate VAT Scheme to ... Read more

In the UK, a sole trader is a self-employed individual who owns and operates their business as a single entity. There are no legal distinctions between the individual and their business.  When you register as a sole trader in the UK, you will be required to register a Self Assessment ... Read more