ICAEW AND X-FORCES BUSINESS ADVICE SERIES: WHY DO A BUSINESS PLAN
A start-up business should prepare a business plan to map its progress to profitability. For start-ups the sales forecasts are critical – particularly how the new business will attract customers. Next, the plan will specify the resources (people, equipment and money) required to achieve the forecast sales, including realistic timescales to achieve significant milestones such […]
Free legal advice for X-Forces businesses
The four hundred entrepreneurs in the X-Forces network will now be able to access free legal advice and expert guidance from Harrison Clark Rickerbys via their legal advice helpline without charge. The top 100 UK law firm, Harrison Clark Rickerbys, is building on its role as a Corporate Member of X-Forces by estending support available […]
ICAEW AND X-FORCES BUSINESS ADVICE SERIES: WHAT BUSINESS FORMAT SHOULD A START-UP ADOPT?
What business format a start-up adopts will affect the amount of tax the start-up pays. It will also impact other areas such as liability for losses, so it should be decided after consideration of the issues. There are three basic business formats. Sole trader This gives you complete control and fewer administrative burdens. But, you […]