Co-Operatives – What Are They, Why Start One And Who Benefits?
ShareCo-operatives are seeing resurgence in interest and offer an alternative to other business models. Essentially a co-operative is owned by all the members. Members are both the employees and employers. Each member has a share in the business. Co-operatives will often work because each member has a greater commitment to making it work than traditional [...]
Small Business Start-Up Sole Trader Or Limited Company?
ShareSetting up a new business is straightforward as a sole trader. You need to inform HMRC and complete form CWF1 to register as self employed. You also need to register for Class 2 National Insurance contributions by completing form CA5601. You must register within three months of becoming self-employed otherwise you could be fined. You [...]
Recession Spawns 1000 New Businesses Every Day
ShareOver the past 12 months over 395,000 new businesses have been registered at Companies House: only 2006/07 saw more company births. But that was at the height of a boom, not the depths of a recession, and there are big question marks over the level of support that these new ventures will receive as the [...]
A Lesson on Domain Names From the Apprentice
ShareThe British TV show The Apprentice is a wonderful series, full of valuable lessons for business people. Many of these lessons are delivered by Sir Alan Sugar in his blunt and irascible style. But in May 2006 Sir Alan got a lesson about domain names that I’m sure he’ll never forget, and it was a [...]
Dragons’ Den boost to entrepreneurship wears off
ShareA dramatic fall in the number of would be entrepreneurs has thrown in doubt the private sector’s capacity to drive the recovery in the economy. Only 3.8pc of the population expects to start a business in the next three years, compared with 5.9pc in 2004, a survey of 30,000 people in the UK, called the [...]
Top Tips From Entrepreneur Ed Reeves
ShareEd Reeves is the founder of Moneypenny – an answering service with a difference! Based in Wrexham, North Wales, it turns over £7m per annum and has 250 staff. Says Ed “whatever business you do, make sure it is scalable. That is where everyone goes wrong. And stick to your convictions”. He also recommends recruiting [...]
Body Shop to rival Avon and Ann Summers?
Share The Body Shop has announced plans to double the size of its Body Shop at Home division. It wants to recruit an extra 3,500 consultants. This is a great opportunity for stay-at-home mums to earn extra cash from home through parties and the like in a similar way to Avon and Ann Summers. Home consultants [...]
What’s the future for Small Business Advice?
ShareSmall businesses used to be able to get free business advice from Business Link but it seems it wont be around for very much longer.. Mark Prisk (business and enterprise minister) said the network, subject to speculation about its future for several weeks, is to be shut down due to the amount of money spent [...]
-
Elsewhere Online
Enjoy A Free Gift!
We Recommend…
