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Advantages and disadvantages of accepting payment cards for sales
Card payments can increase sales, broaden your customer base and cut admin - but watch costs and the risk of fraud.
Make an offer to buy a business property
Understand conditional offers, lockout agreements, building survey results and raising finance for the purchase.
Set up a business partnership
How to set up a limited partnership, choose a business name, appoint partners and register with Companies House
Find and develop a business idea
The first steps to finding and developing a business idea and the research you might need to undertake
Buying business property
What to consider when buying your own business premises, financial and legal aspects, and when to use a solicitor or surveyor.
Set up as a sole trader
Sole traders must register with HM Revenue and Customs and follow certain rules on running and naming their business
Choosing business property
Key issues to consider when choosing the right commercial property for your business needs.
Advantages and disadvantages of buying business property
You should weigh up both pros and cons when considering buying a business property.
Acquire assets and borrow money tax efficiently
Tax efficient methods of borrowing and how they can apply to your business.
Business angels
How business angels can fund investment in young and growing businesses.
Renting commercial property
Key factors to consider when choosing to rent property to meet your business demands.
Use your home as a workplace
Tax implications, financial and legal issues, security, and setting up your work area if you plan to work from home.
Profit reporting: how, when and where?
Reporting deadlines, the form to use and who to send it to.
Do all businesses have to produce formal profit and loss accounts?
What types of business have to produce P&L accounts and why they are a good idea for most businesses.
Cost of sales
The base cost of obtaining or creating your product.
Crowdfunding
What is crowdfunding and how can it be used to finance a business.
Buying commercial property: using a surveyor
A surveyor can help you negotiate insurance and contracts and give you advice on any alterations that may be required.
Buying commercial property: using a solicitor
A solicitor can offer valuable legal advice and support to negotiate a suitable deal when purchasing business property.
Business expenses
Legitimate business expenses for accounting purposes and how to apportion expenses partly for business purposes.
Family business
Understand the benefits and issues that affect family-run businesses, employing family members or financing from friends and family