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Striking out on your own and starting a business is thrilling, but there’s a lot to consider and many eventualities to plan for, so you need to be prepared.One of the biggest issues many entrepreneurs face is financing their new company, as it can be tough to raise the capital needed to get your ideas off the ground.This issue is exacerbated right now, as the Coronavirus pandemic will prob...
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After months of speculation, the UK Government has announced that the country’s economy is in recession for the first time in over a decade. For many businesses, this isn’t news, as the Coronavirus pandemic has been causing financial hardships since the beginning of the year. However, the official announcement means that many small business leaders will now be reviewing their budgets ...
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The Forum of Private Business (FPB) has given the Chancellor 5 out of 10 for his last budget before Britain leaves the EU. The Forum of Private Business, a leading not-for-profit, UK authority on business issues, representing the interests of business owners on many consultative bodies, scored the UK Chancellor 5 out of 10 for his last budget before Britain leaves the EU.An average asse...
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Commenting on the 2018 Budget Statement, which set out the government’s spending plans up to 2024, TUC General Secretary Frances O’Grady had this to say... “Working people cannot be fobbed off again with promises of a better tomorrow that never comes. The budget does not undo the austerity that has devastated public services. And it lacks the investment needed to speed up wage g...
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Pulling apart the Autumn UK Budget 2017 – business expert Carl Reader tells you what your small business might need to know... "The Chancellor had his work cut out delivering his second Budget of 2017 yesterday. Last time, we had a majority-Conservative government and were still waiting for Brexit negotiations to start. We’re in a very different position now. As expected, Philip Hamm...
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William Buist is a speaker, author and mentor to owner-led businesses. After watching the 2017 UK Budget William had this to say about what the 2017 Budget had in store for the UK's small business and startup community.Key elements of the budget: Every year the country has a budget, a review of the financial position of the country, and sets out the plan of how it will raise, and spend or invest ...
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Welcome to the Startacus monthly financial news round-up, brought to you by Sophie Turton of Crunch Accounting. It’s a mixed bag for SMEs this month, as the 2015 Budget brought with it some interesting developments that show the government could be concentrating more on the needs of freelancers and micro-businesses. Additionally, the Tories managed to sway the small business debate, hosted ...
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The Budget – an open or shut case? Emily Coltman FCA, Chief Accountant to FreeAgent, which provides the UK’s market-leading online accounting system for freelancers and small businesses, reflects for Startacus on whether Britain is really “open for business” as George Osborne affirmed in his Budget earlier this week.  Here she highlights a few key points... Annual In...
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