Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. ...
There is no magic bullet to make your business successful. However, if you treat it as a hobby, then you're bound to fail. That’s why you need to run it, deal with it, and approach it as it deserves. Firstly, what’s a business? One official definition of a...
Are you sure that you’ve priced your products well? Or maybe you’re at the beginning of your business journey and you’re wondering what the best way to do it is. This blog will teach you how to price your products based on different pricing strategies so that...
The topic of this blog is how operational gearing affects your business. In a nutshell, it shows much risk you have and affects your survival, growth, and prosperity. But let’s take a step-by-step approach and start with operational gearing first. Operational...
Making profit must be at the top of your business goals - ignore that at your peril. Firstly, I am going to tell you why making profit is vital for you and your business. Secondly, I will tell you how you go about making profit. But before we go into that,...