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.

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…

How to fund your small business without a bank loan

Many entrepreneurs are increasingly seeking out alternatives to bank loans to kickstart their business idea. Here’s our round up of some of the alternative forms of funding available.

Government Start-Up Loan

If your business is either brand new, or you’ve been trading for less than 24 months, you might be able to secure a Start Up Loan backed by the government.

Start Up Loans are unsecured personal loans of amounts up to £25,000. The loan must be used for your business only, and is repayable at a fixed interest rate of 6%. To find out whether you are eligible, check online.

Overdraft from the bank

A bank overdraft can be handy for businesses that have uncertain income streams. It provides fast and flexible cashflow when you need it. Using it sensibly can pay off. For example, you should use it when income is less steady and then as soon as business picks up, pay it off.

Many banks only charge interest on the amount that is overdrawn and some offer specific packages for new businesses. Be aware that interest rates on bank overdrafts are generally above base rates of interest.

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.

6 tips to help you handle your accounts and tax

So, you’ve taken the plunge and started your own business. You have a plan, bank account, insurance and HMRC registration. You may even have your first office and employees.

But there’s something you absolutely need to sort out before you can sit back and enjoy your burgeoning business – your accounts and tax. It can be daunting to people not used to managing wages, tax and business accounts, but the more you can understand up front, the easier it’ll be when it comes to managing cashflow and everything that comes with it.

It’s always worth getting solid advice on tax and accounting, and at Turner Little we’re more than happy to help you through those first crucial steps. You can contact us here, but in the meantime, check out our tips for keeping on top of tax and business accounts.

Read the full article on the Turner Little Blog.

Business plans are key to entrepreneurial success

New research from the University of Edinburgh Business school and RWTH Aachen University shows that entrepreneurs who write early stage business plans are 16% more likely to succeed.

The report examined more than 1,000 start-ups and the progress made over a six-year period. Conclusions show that entrepreneurs focused on high growth were significantly (7%) more likely to commit their vision to paper early on than their peers.

Early stage business plans are essential for success and start-ups that are successful in their quest to secure funding are more likely to plan ahead.

Read the article on full on the Turner Little Blog.

Alternative Business Finance: What Are the Options?

Traditional forms of lending from banks are declining when it comes to business funding.

A dramatic change in the ease of access to business funding occurred following the credit crunch in 2007. Ten years on, it’s still extremely difficult for many start-ups and early stage firms to access business loans the traditional way.

The government has recently forced the banks to tell borrowers about alternative lending options if they won’t dispense business loans themselves.

Turner Little look at different ways to secure finance.

Six Reasons For Setting Up Your Own Company

There has never been a better time to take the plunge and become self-employed, so you can start a thriving business. If you need more incentive to make this monumental change and transform your life, read on as the Turner Little team reveals six fantastic reasons for setting up your own company.

Read the 6 reasons for setting up your own company on the Turner Little blog...

Why Should You Start A Business In York?

One of the basic considerations of starting a business is location. You need to base your company in an area which allows you to both access your target market and recruit talented employees, to promote expansion. You may want to consider setting up your company in the walled-city of York.

Read Why Should You Start A Business In York.

Four Considerations of Naming Your Business

When starting a business, it is vital you choose the right name for your firm. With a memorable name, your business can distinguish itself from competitors and develop a robust brand identity, presenting itself as a trusted provider of goods and services to your target market. In order to help you develop a strong name, Turner Little examines four of the key considerations of naming your business.  

Unemployment and Redundancies Are Fuelling UK Business Creation

There are many reasons to start a business if you may be unemployed or have recently been made redundant. By pursuing this career path, you can cultivate a stable stream of revenue, become your own boss and enhance your professional CV.


Turner Little reports on the release of new figures, which indicate that unemployment and redundancy have fuelled UK business creation throughout the past five years.

What Are The Basic Considerations when starting A Business?

Starting your own business can be very rewarding. But before you pursue this step, you may want to look at the key areas of the company establishment process, to ensure you create a business which can thrive. 

Turner little asks: what are the basic considerations of starting a business?

Why Should You Start Your Own Business?

In late 2015 a study found that nearly half of UK adults want to set up their own companies. 

A recent report from Co-Operatives UK shows that more than a fifth of UK small to medium sized-enterprise (SME) workers want to go self-employed or start their your own business. Becoming your own boss and managing your own schedule can help you to strike a healthier work life balance. Vital business decisions and tasks can be made or completed in a more efficient and timely manner than others operating in your industry, where a number of stakeholders are involved.

Turner Little looks at the benefits of becoming your own boss and starting your own business.

What Not To Do When Setting Up Your Business

Turner Little recently reported that nearly half of UK adults want to start their own business, with 50% of this number saying they would utilise their own savings to become their own boss. If you have got a great idea for a business, you need to avoid making strategic mistakes to ensure you cultivate a successful venture.

Turner Little explains what not to do when setting up your business.

Read the full article here.