Wednesday 31 January 2018

Turner Little on how to choose the best business structure for your needs

When you’re starting up a business, and particularly if it’s your first-time, the legalities can be confusing. Your idea may be sound and you have the ambition, but do you know which legal structure you should choose?

Everything, from the way you pay tax, make decisions and how your business grows, depends on the legal structure of your business. You must decide at the outset of your business but bear in mind you can change it later if it becomes necessary.

Here we discuss the Business Structure options for all scenarios.

Why you don’t need a revolutionary idea to start a business

There are 5.5 million small businesses and start-ups in the UK today, and the appetite for going it alone isn’t slowing down. But sometimes, that ‘Dragon’s Den’ lightbulb moment proves elusive.
Does that mean your entrepreneurial dreams should be over? We don’t think so. If you want to be your own boss but you’re worried you don’t have an epic enough idea, this doesn’t need to stand in your way. The team at Turner Little has come up with a guide on how to launch your start-up anyway…

Friday 19 January 2018

How to trademark your logo in five steps

At Turner Little, we can help with all the details. From starting a business from scratch to helping you choose financial products. In this blog, we’re looking at how you can trademark and protect your company logo and branding. This is an area that can easily be forgotten in the exciting new stages of a business but, if you haven’t protected your brand legally, then you can hit problems further down the road.

Registering your logo as a trade mark protects you against third parties ripping you off, and serves as the ultimate security for the individuality of your brand. Here’s our step-by-step guide to registering a trademark.

Ten reasons why you should make a will

Everyone should have a will, especially if you have savings, investments or own your own business or a property. Around 56% of people who die in the UK every year do so without having made a will. Dying without a will (known as dying intestate) can mean that your wishes for your ‘estate’ aren’t fulfilled the way you’d want them to be and can cause problems for your loved ones. Even to the point that if you die intestate and without heirs, your entire Estate can become the property of the State.

Read Ten reasons why you should make a will in full on the Turner Little Blog

Thursday 11 January 2018

Eight rules for Asset Protection Planning

Asset protection planning is about making sure you’re ready should you hit bad times. Limiting creditor access to your valuable assets, while remaining within the debtor/creditor law, is an important part of running a business.

Should everyone be concerned with asset protection planning? Absolutely. If you have something that you want to protect, then you must plan. Here are eight rules you should follow to stay on the right side of the law and protect your assets should the worst happen.

Read about the 8 rules of Asset Protection on the Turner Little Blog.

What are the best finance option for your business?

Choosing a method to finance your business is the most important step you will take. If you’re not sure which way to go, have a look at our handy breakdown of the most common sources of finance.Finance from your bank

All major banks offer various financial support choices for businesses. They can also give advice on what would suit you best. The kinds of options you’ll be looking at are:
  • Fixed term business loan
  • Credit cards and business overdrafts
  • Cashflow finance solution
  • Borrow money against assets
  • The EFG (Enterprise Finance Guarantee) scheme

Read about the best finance options on the Turner Little Blog.