The Flat Rate Scheme was introduced as an easy way for small businesses to calculate their VAT liability.
The Flat Rate VAT scheme is available to businesses with a taxable turnover below 150,000 excluding VAT (also exempt and non-taxable sales should be below 37,500).
Under the...
Used Vending Machines Cut Down On Your Initial Investment
When buying used vending machines, the best ones to buy are the ones that are 100% metal. When you see a used vending machine on sale, the price is usually a lot lower than if you purchased it new, which is a great way to get...
I recently updated the phone system for my business. We’re a small company with just a handful of employees in an office about the size of a two car garage. We do a lot of business over the phone and although we could handle the call volume with our old system, I still felt (and was...
Upgrading a business phone system is, whenever possible, a much more cost effective alternative to replacing a business phone system. Replacing a business phone system can be an expensive and time consuming endeavor, to say the least. The biggest obstacle most businesses face when upgrading is...
Unsecured Start Up Loans For Small Business Is It A Good Idea?
First-time small business owners usually are chary of unsecured start up loans. This is because the time frame for making a profit is not definite whether or not there is a properly thought out and lucrative business plan in...
In Financial Accounting – Reporting for those outside the business, the 3 most important financial statements, relevant for budding entrepreneurs are:
1. The Statement of Financial Position or the Balance Sheet
2. The Statement of Income or The Profit & Loss Statement...
When you are running a small business, you should be prepared for various kinds of obstacles. Employees are a major part of the obstacles that you face in a small business. Some of the employee issues that you might face in a small business are described briefly below.
Work Over...
I am the owner and manager of a trucking repair company located in the mid-west. My business provides tractor-trailer repair services both in-house and on the road for owner/operators who are in transit. I say “in transit” because a large portion of our business comes from trucks...
Taking clients out to lunch, delivering goods and performing service duties are what drive entrepreneurs to success. Microbusiness owners and the self-employed depend on transportation to provide their products and services. However, escalating energy costs are making it more difficult to...
Top Secrets to save yourself from google click fraud punishment
Many web site owners are getting their Google Adsense account terminated when they have done nothing wrong to deserve the punishment. Considering the money that they are getting from Adsense, they would certainly want to get...
Top 5 Reasons Why Your Small Business Needs a Custom Website
Today, in North America, almost 70% of households have access to the Internet. It has evolved to the point where the Internet has become an integral element in the way business is conducted, and is shaping the way business will...
Top 5 Mistakes That Stamp LOSER On Your Small Business Web Site
Are you making this mistake with your small business web site? Too many small business owners look at their web site as an online brochure. They use it as little more than a place to store their office hours and service list....