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Acquire assets and borrow money tax efficiently
Tax efficient methods of borrowing and how they can apply to your business.
Calculating tax relief when acquiring an asset
How tax relief can work in different ways when borrowing or leasing to acquire an asset.
Advantages and disadvantages of online retailing
Online retail has advantages and disadvantages for businesses with huge growth potential balanced against initial costs and security and legal issues.
Tax relief for buying or leasing assets
Information on the tax reliefs available when buying or leasing assets, and the rules for VAT.
Support for growing a retail business
Starting or improving a retail business can attract certain financial, training and advisory support in Northern Ireland, find out which organisations can help.
Explore new retail opportunities
Growing your retail business takes a good business plan as well as spotting and exploiting the right opportunities, discover the options for expanding.
AccessNI criminal records checks
The types of AccessNI checks, the information they reveal, and how to apply for them.
Online recruitment of new staff
How online recruitment differs from traditional hiring practices, the advantages of virtual recruitment, and how to get the most from recruiting new staff using digital processes.
What to consider before you ask the applicant for an AccessNI check
Key points to think about when requesting AccessNI checks.
Business mistakes: unrealistic goals
Being over-optimistic about your market size and potential overtrading can be problematic for new businesses.
Assessing your cash needs: creditors and debtors
Debtor days ratios and creditor days ratios estimate how long you take to pay debts and customers take to pay you.
Assessing your cash needs: assets and liabilities
Gearing ratios, working capital ratios and quick ratios are useful tools to compare assets and liabilities.
Avoid the problems of overtrading: assets
How to solve cashflow shortfalls and bring new money into the business in a variety of ways.
Avoid the problems of overtrading: debts
Debt factoring, prompt payment discounts and regulating cashflow help reduce the risk of overtrading.
Matching sales and production cycles
Ensuring a closer match between sales and production cycles can help avoid overtrading.
What is overtrading?
How insufficient finance and resources to sustain a business’s level of trading can lead to overtrading.
Example of overtrading
A case study of a situation of overtrading and the potential disaster it causes.
Business mistakes: taking your eye off the competition
Analyse and monitor your business competition to stay ahead by understanding their strategies, anticipating market trends and adapting your plans accordingly.
Business mistakes: poor stock control
Guidance on how you can avoid poor stock and asset management on in the early days of running your new business
Common mistakes to avoid when starting a business
Learn about the most frequent mistakes made by new business owners so you can avoid them in your start-up journey