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Most businesses sit down once a year to build a budget for the following year and then spend the next 12 months measuring performance against a plan that was already out of date three months later or they don’t even create a budget at all. Especially in today’s market, change is happening quicker than ever, markets shift, clients leave and opportunities appear. Yet, the annual budget which was built on assumptions that are now months old, carries on as the benchmark for your

When I started my new business, one of the first decisions I made was choosing the right business structure. Whether to be a sole trader, enter a partnership or set up as a limited company (Ltd). The structure i choose affected how i pay tax, handle my finances and protect my personal assets. Today, I break down the most common UK business structures, highlighting the pros, cons, and key things to know before you get started. Sole Trader Becoming a sole trader is the simplest