Starting or running a business can feel like an exciting adventure, but it also comes with its fair share of challenges. From keeping track of finances to navigating legal rules and finding your first customers, there’s a lot to figure out. The good news? No matter where you are in your business journey, there’s plenty of free support available to help you along the way. We spoke to Joseph Babalola, Head of Cash flow lending at Funding Bay, to understand some of the key aspe

As a small business or start-up owner, handling your finances can be challenging. But don’t worry if you’re unfamiliar with accounting, you’re not alone. Over a quarter (26%) of small business owners claim to have little to no accounting knowledge. We’re here to help make things easier with guidance from AJ Dosani, a partner at Ace Accountancy. Read on for essential guidance on starting and running a business, including: how to form a business trading status and banking infor

Starting a new business or launching a start-up can sometimes feel overwhelming. There are many challenges, from managing finances to understanding legal requirements and building a customer base. Luckily, new businesses can access a lot of free support, regardless of where they are in their journey. We talked to Yulia Barnes, Managing Director of Barnes Law Associates, to get some insights on the key aspects of starting a business. How to register a business You’ve decided t

Accessing the right type of finance is essential for the growth and sustainability of any small business. From traditional bank loans and government grants to alternative options like angel investors and invoice financing, there are numerous ways to secure the funds you need. Each method comes with its own benefits, requirements, and risks, so understanding these options is key to choosing the best fit for your business goals. By exploring a mix of short-term and long-term fi

Hiring a new employee costs more than simply their salary. In fact, when hiring a new staff member at the average UK salary of £27,600, the true cost to you, on average, for the first year of that employment is around £62,890*. As a small business, then, you should consider the following when taking on a new team member. What to consider when hiring new employees Recruitment Recruiters and recruitment firms are typically paid on commission and will often bill a fee equivalent

Sustainability, net zero and reducing your carbon footprint are becoming important issues for business owners. From cutting down on waste to reducing the amount of miles travelled for business, many small changes can lower harmful greenhouse gas (GHG) emissions. One area to focus on is how technology and IT equipment may be used effectively to reduce energy usage. With smaller businesses estimated to account for half of all UK business-driven emissions according to research b