Five signs you should work for yourself

At Turner Little, we have the expertise and experience to help people start their own business. From financial set-up to estate management, there are lots of administrative, financial and practical things to think about. Before you even get to that, you need to know whether you’re ready to go it alone.

Turner Little on how small businesses are demanding tax compliance reform

Research has shown that the average small business owner is spending £5,000 and an astonishing three working weeks on tax compliance every year. This has prompted representatives of small companies in the UK to demand reform.

Read the article in full on the Turner Little Blog.

Turner Little on why you need permission to run a business from home

If you’ve been thinking of taking that step and starting a business from home, you might be unsure of the regulations surrounding such a venture.

For example, do you know that you need permission to work from home from various authorities? Lots of people don’t realise this initially so we’ve put together a quick guide to gaining the correct permission for running a business from home.

Read the article in full 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.

The best ways for seasonal businesses to manage cash flow

Lots of small businesses face a degree of seasonality, particularly in tourism and retail. A survey by Wells Fargo/Gallup shows that almost 50% of small business owners report certain times of the year that will be predictably busier or slower than others.

Read the article in full on the Turner Little Blog.

How will the Budget affect me? What do business owners need to know?

If this year’s Autumn budget caught you by surprise, then we can help. Here we take a look at some of the UK Chancellor Philip Hammond’s key announcements and explain a bit more about how they will affect you as a business owner.

There are some key themes in there that the Chancellor looked to address – from cushioning the British economy from any negative effects of the looming Brexit deal (in whatever form that takes) through to how the UK Government plans to support innovative businesses, particularly in the tech industry. So, here is our overview of the Autumn Budget, and a few thoughts on what it will mean for you as a business owner.

Six essential steps to starting a business

Depending on whose advice you take, starting up a business can seem an easy process, or a complicated one. It’s all in the preparation, and if you put the work in at the right time, you will be well on your way.

For a simple ‘how to’ we’ve collated six things you should do when starting a business.

Read the 6 steps on our blog.

10 tips for starting up a small business

People starting a business naturally look online for advice. There are so many tips, tricks and suggestions that it can be overwhelming, so we’ve put together our top ten.

There is no single ideal formula for starting a business, every entrepreneur will find their own way, but there are some common threads that will help you on your way to success.

To view the full article, please visit the Turner Little blog.

Six marketing tools SMEs should use

Starting up a small business inevitably means you don’t have much time or money spare. This is why marketing can often fall by the wayside.

However, establishing your brand is vital if you want to seriously compete with more long-standing companies and services. Luckily, there are plenty of online resources available to help small businesses manage their brand, marketing and PR.

Read about six tools well worth looking into on the Turner Little Blog.

Using SEO to attract clients to your local business

To run a successful local business, you need determination and hard work as a minimum. You also need to offer high quality services or products and be competitively priced.

In addition, you must have an up to date website presence, with your customer name, address, opening times and phone number easily accessible. As a local business you are relying on customers who are searching for specific items in their specific location.

This means that you are competing against huge internet companies like Amazon who can deliver anywhere, and other local niche businesses in your area. In order to increase your profits and attract the bulk of the local custom to you, your business needs to work harder – and smarter. This is where SEO comes in.

Read the full article on the Turner Little Blog.

It’s easier than you think to start a business in your 50s

If you’re over 50 and are put off starting a business due to your age, then think again. Over 50s account for almost 45% of new businesses started up in the UK, according to figures from the Office of National Statistics.

Read the full article on the Turner Little Blog.

What tax implications should start-ups be aware of?

There are certain questions all start-ups should ask themselves before they launch, and many of these revolve around tax.

Entrepreneurs can underestimate the tax implications that come with running a new business. Here are some key questions that should be considered.

Read the full article on the Turner Little Blog.

Essential subjects to study for entrepreneurs

Your ultimate aim is to become your own boss. You have the idea, the energy, the time and the focus. But do you have the knowledge needed to run your own business? In order to be a successful entrepreneur you would greatly benefit from a good understanding of four key subjects: economics, computer science, accounting and marketing.

Read the full article on the Turner Little Blog.

How to smash through obstacles in your way

We’re in the middle of a disruptive business cycle, with small start-ups challenging big players in sectors across the board. Entrepreneurs are offering new twists on established business models and contributing innovative solutions, meaning markets are currently changing at speed.

Even though business is offering entrepreneurs wider opportunities, the challenges facing these new businesses remain the same. If you are just starting out in business here’s how to deal with obstacles that will inevitably come your way.

Read the full article on the Turner Little Blog.

Why SMEs need scenario planning

Using financial models to forward plan for potential business outcomes used to be reserved for big businesses only. Modern accountancy is changing that landscape and making scenario planning relevant for even small businesses.

Read the full article on the Turner Little Blog.

How to Lift Your Small Company to the Next Level

It is one thing to become your own boss and start a business – it is quite another to take your company to the next level, so you can find new customers and increase profit margins. It is a good idea to familiarise yourself with the fundamental issues that come with growing your enterprise, so to help you with this, Turner Little explains in this post how to lift your small company to the next level.

Read the full article on the Turner Little Blog.

How to Keep Your Business Safe Online

It is key that you facilitate online conversations with your customers, as consumers are increasingly researching and engaging with businesses on digital platforms. But there are a range of threats, especially cyber-attacks, which can damage your reputation among consumers, limiting your ability to build a lucrative online presence. Turner Little explains how to keep your business safe online.

Read How to Keep Your Business Safe Online on the Turner Little website.

How Can You Protect Your Business’ Financial Future?

If you have a great business idea, which you want to turn into a start-up, you need prepare yourself for unforeseen circumstances. Bottom-line damaging factors such as financial market volatility, cyber-attacks and natural catastrophes are hard to predict, so how can you prepare your firm to weather these storms?

Turner Little asks: How can you protect your business’ financial future? 

Which Taxes Affect a Business?

If you start your own business, you will be required to pay taxes to the UK government. It is vital that you educate yourself on your tax obligations, so you can plan your business’ finances effectively. Online portal Small Business recently featured an article on this subject. 

Turner Little selects the key points from this article to asks which taxes could affect small business owners?