UK small business...
Follow
Find
11 views | +0 today
 
Your new post is loading...
Your new post is loading...
Rescooped by AccountsandLegal from Small Business Issues
Scoop.it!

Work on Your Business, Not In It for Success

Work on Your Business, Not In It for Success | UK small business advice | Scoop.it

Via Daniel Watson, Steve Cassady
AccountsandLegal's insight:

Good advice

more...
Scooped by AccountsandLegal
Scoop.it!

Accounts and Legal | LinkedIn

Accounts and Legal | LinkedIn | UK small business advice | Scoop.it
Welcome to the company profile of Accounts and Legal on LinkedIn. Traditional accountants do a great job of the numbers, but that's often as far as the service goes....
AccountsandLegal's insight:

London accountants specialising in small business accounting and tax returns. Check them out on LinkedIn

more...
No comment yet.
Rescooped by AccountsandLegal from It's Your Business
Scoop.it!

Small Business Guide To Mobile Marketing

Small Business Guide To Mobile Marketing | UK small business advice | Scoop.it
Here is a great Small Business Guide To Mobile Marketing infographic that details some eye opening mobile marketing facts. This year mobile internet access will meet and beat desktop access.

Via The Fish Firm
more...
Francesca Piazza's comment, October 1, 2013 1:37 PM
yes it is really useful, even if I don't agree with everything.
Francesca Piazza's comment, October 1, 2013 1:37 PM
yes it is really useful, even if I don't agree with everything.
Francesca Piazza's comment, October 1, 2013 1:37 PM
yes it is really useful, even if I don't agree with everything.
Scooped by AccountsandLegal
Scoop.it!

Enhanced Redundancy Payments in the UK - Beware of Custom and Practice | JD Supra

Many employers make enhanced redundancy payments to staff in excess of the basic statutory entitlement as a matter of routine. The employer may be contractually committed - and entirely...
AccountsandLegal's insight:

Useful advice regarding enhanced redundancy payments

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

How to read the balance sheet

How to read the balance sheet | UK small business advice | Scoop.it
Accounts and Legal London offer professional tax services, accounting services and employment law advice that will actively help you grow your business. We understand business not just accounting
AccountsandLegal's insight:

A practical guide to reading the balance sheet

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

MintLife Blog | Personal Finance News & Advice | 5 Ways Small Business Owners Can Join the Mobile Revolution

AccountsandLegal's insight:

How can your small business benefit from the mobile revolution?

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

London estate agents overpaying on property portals - Accounts and Legal London

London estate agents overpaying on property portals - Accounts and Legal London | UK small business advice | Scoop.it
Accounting and tax services for London estate agents. Accounts and Legal help estate agents, letting agents and property investors in London grow their profitability through our programme of industry research.
AccountsandLegal's insight:

44% of London estate agents are overpaying on property portals. Get in touch with us for a complete review of your property portal costs

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

What's the difference between profit and cash?

What's the difference between profit and cash? | UK small business advice | Scoop.it
Accounts and Legal London offer professional tax services, accounting services and employment law advice that will actively help you grow your business. We understand business not just accounting
AccountsandLegal's insight:

A practical guide to finding out your cash profit from your Profit and Loss account

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Tax Planning for Small Businesses

Striking the right balance between company and personal taxation is one of the key financial challenges that face small business owners and entrepreneurs. Efficient tax planning is key to maximising cash generation and growth of your small business.
AccountsandLegal's insight:

Tips on efficient tax planning for small businesses

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

The essential small business website checklist

The essential small business website checklist | UK small business advice | Scoop.it
This checklist is intended to assist small business owners. It outlines the must have elements for your website so you can ensure it has the best chance of succeeding online.
AccountsandLegal's insight:

Does your small business run a website? Here is a useful checklist to make sure you do it successfully.

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

What can be done to mitigate the impact of an HMRC investigation?

What can be done to mitigate the impact of an HMRC investigation? | UK small business advice | Scoop.it
Accounts and Legal London offer professional tax services, accounting services and employment law advice that will actively help you grow your business. We understand business not just accounting
AccountsandLegal's insight:

Ways to mitigate the impact of an HMRC investigation on your small business

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

How to write a business plan - Accounts and Legal London

How to write a business plan - Accounts and Legal London | UK small business advice | Scoop.it
Business plan for small businesses.Accounts and Legal London puts its’ managerial experience at the disposal of small business owners in order to create robust business plans and accurate financial models that will help them plan for growth and raise...
AccountsandLegal's insight:

How to write a business plan - Accounts and Legal Blog

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Why do I need an accountant - Accounts and Legal London

Why do I need an accountant - Accounts and Legal London | UK small business advice | Scoop.it
Small business accounting with practical commercial advice. Accounts and Legal London specialises in helping small business grow by providing expert accountancy and tax advice alongside real world commercial experience.
AccountsandLegal's insight:

The benefits of working with an accounting firm that was designed to support entrepreneurs and small businesses

more...
No comment yet.
Rescooped by AccountsandLegal from Innovative Marketing and Crowdfunding
Scoop.it!

8 tips for successfully pitching an investor

8 tips for successfully pitching an investor | UK small business advice | Scoop.it
We asked 8 entrepreneurs to share their tips for pitching an investor. #1: Share your vision, not a product...

Via Marty Koenig
more...
Marty Koenig's curator insight, September 29, 2013 11:51 PM

Great list! The first one is so true. I see a dozen investor pitches a week, and almost all of them are product pitches. What young entrepreneurs need to know is "it's not about the product".


Yes, you are enamored and passionate about your product, as you should be. Investors don't care. What they do care about is that you are solving a big problem for lots or people, and that you and your team are the right ones to accelerate and execute on your plans. Oh, and if you want to see what actual successful investor pitches look like, see here: http://bit.ly/FiverrInvestorPitchDeck 

Rescooped by AccountsandLegal from Angel Investors Funding
Scoop.it!

Financing with Equity vs. Debt vs. Convertibles

Financing with Equity vs. Debt vs. Convertibles | UK small business advice | Scoop.it

Entrepreneurs are not always aware of the various financing structures that may be available to them when raising new capital to finance their growth.  And, even if they are, they are not always sure what fair terms look like when receiving term sheets from investors. 

 

EQUITY

Issuing stock in your company is the route most entrepreneurs pursue, especially for growth companies where cash flow is difficult to predict, hence making it tough to forecast repaying debts.  Equity is typically secured from angel investors or venture capital firms.

 

Advantages:  Does not have to be repaid, like debt does.  Gives certainty of valuation for your company, which can also be a disadvantage if the value is very low.

Disadvantages:  The most complex to structure (highest legal bills, longest time to close).  Usually involves giving some level of board control to investors.

 

CONVERTIBLE DEBT

For situations where you do not want to set an equity valuation (to not impede subsequent financings from other investors), or you simply want the option of potentially paying back the cash, for a period of time prior to taking in permanent equity capital, a convertible note is the way to go.  A convertible note is a hybrid, part debt and part equity, where it functions as debt, until some point in the future, when it may convert to equity at some predefined terms.  Convertible debt is typically secured from the same angel investors and venture capitalists that fund equity deals and is usually used for smaller rounds of financing at the early stages of a company’s life

 

Advantages:  Much quicker and cheaper than issuing equity, both for legal bills (can close in weeks, not months) and ownership dilution (deferred until down the road and you can use the note proceeds to increase the value of your company).  It leaves valuation flexible in order to meet the needs of subsequent investors.  Interest payments do not typically need to be paid in cash each month.

Disadvantages:  You have a limited time frame before it needs to be repaid, or convert into equity.

 

VENTURE DEBT

For startups with an existing product/track record or existing or future assets to secure a loan, venture debt is another option to consider.  Venture debt is a senior secured loan that sits on top of the pile, in terms of liquidation preference (repaid before all other debt or equity holders).  Venture debt is typically issued by more aggressive bank lenders, like Silicon Valley Bank and Square One.

 

Advantages:  The least dilutive to your ownership, allowing you to keep 100% control and economic upside.

Disadvantages:  Do not take this on if you do not have 100% visibility into repaying the loan, as the bank can force you to liquidate the company to recoup their loan, forcing the company (or yourself as guarantor) into liquidation or bankruptcy.  Interest payments need to be paid in cash each month.

To read the full article, click on the title.

 

Get your Free Business Plan Template here:

http://bit.ly/1aKy7km

 

Angel Investing Formula: this video explains how to find and reach them:

https://growthink.infusionsoft.com/go/fundingformula/gt4045/


Via nrip, Marc Kneepkens
more...
Marc Kneepkens's curator insight, October 2, 2013 8:08 PM

Here are some basic explanations on different ways to get Venture Capital for your company.

Learn how to speak the language of Investors, their way of thinking, the best ways to communicate, making the best presentations, take a look at our Growthink page on the site: http://www.business-funding-insider.com/growthink-products.html

Follow the leaders who have done it over and over again.

Rescooped by AccountsandLegal from Business Improvement
Scoop.it!

The Six Disciplines Entrepreneurs Need To Succeed

The Six Disciplines Entrepreneurs Need To Succeed | UK small business advice | Scoop.it

Via Daniel Watson
more...
John Zinga's comment, October 1, 2013 4:01 PM
Very Nice Piece and So True . Sometimes our best intentions are overlooked.
Marc Kneepkens's curator insight, October 1, 2013 5:53 PM

Yes, writing a Business Plan is an essential element of planning your business, you need the see the whole picture, involve others, plan ahead, and so much more.

Check this page for a FREE BUSINESS PLAN TEMPLATE: http://www.business-funding-insider.com/free-business-plan-template.html

Joanne Brooks's curator insight, October 1, 2013 7:48 PM

So how disciplined are you?

Scooped by AccountsandLegal
Scoop.it!

Redundancy Pay Calculator - Accounts and Legal London

Redundancy Pay Calculator - Accounts and Legal London | UK small business advice | Scoop.it
Redundancy pay calculator for small businesses.
AccountsandLegal's insight:

A useful online tool for estimating the Statutory redundancy pay 

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Small Business Management 101: Employee Engagement Tips — Concur Blog

Small Business Management 101: Employee Engagement Tips — Concur Blog | UK small business advice | Scoop.it
Learn how to keep your employees engaged and productive with 7 tips from the Concur blog that you can apply to your small business management.
AccountsandLegal's insight:

Would you like to increase employee engagement ? Here are 7 tips that can help your small business be more productive

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Understanding the cash flow statement

Understanding the cash flow statement | UK small business advice | Scoop.it
Accounts and Legal London offer professional tax services, accounting services and employment law advice that will actively help you grow your business. We understand business not just accounting
AccountsandLegal's insight:

A practical guide to understanding your cash flow statement :

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

FreshBooks Launches Android App for Small Business Accounting

FreshBooks Launches Android App for Small Business Accounting | UK small business advice | Scoop.it
Highly Anticipated App Extends Cloud Accounting Solution to the Android platform
AccountsandLegal's insight:

Small business accounting news: cloud accounting solution for Android 

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

How I Changed My Environment So That I Could Reach Success

How I Changed My Environment So That I Could Reach Success | UK small business advice | Scoop.it
I received this great and inspiring story from Sheldon Scipio earlier today, and found that it embodied the truths of how most people become successful in their life.
AccountsandLegal's insight:

How I changed my environment so that I could reach success - an inspirational entrepreneurial story

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

How to read company accounts

How to read company accounts | UK small business advice | Scoop.it
Accounts and Legal London offer professional tax services, accounting services and employment law advice that will actively help you grow your business. We understand business not just accounting
AccountsandLegal's insight:

An easy guide on how to read your statutory accounts

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Employment Law Advice - Accounts and Legal London

Employment Law Advice - Accounts and Legal London | UK small business advice | Scoop.it
Employment Law advice for small business.
AccountsandLegal's insight:

Accounts and Legal dedicated HR hotline offers unlimited employment law advice over the phone and is available to all of our clients for a fixed annual fee. Find out more: 

more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

What is Your Best Business Advice? Week of August 4th - Hearpreneur

What is Your Best Business Advice? Week of August 4th - Hearpreneur | UK small business advice | Scoop.it
more...
No comment yet.
Scooped by AccountsandLegal
Scoop.it!

Redundancy how to avoid an unfair dismissal - Accounts and Legal London

Redundancy how to avoid an unfair dismissal - Accounts and Legal London | UK small business advice | Scoop.it
Employment Law advice for small business. Accounts and Legal London employment solicitors help small business owners avoid unfair dismissal claims by providing employment advice alongside our accountancy services.
AccountsandLegal's insight:

Following the correct process in a redundancy situation is key for avoiding an unfair dismissal claim

more...
No comment yet.