How Can You Comply With RTI?

Amongst the mass of changes I went through yesterday, you may remember me mentioning RTI. Ushered in on April 6th, it’s set to shake up payroll, altering the way many micro businesses do their bookkeeping. So much so in fact, I thought I’d best devote an article to it. Opinions of it are polarised, HMRC […]

Calculate Your Hourly Rate With This Freelance Billable Rate Calculator

Just how do you set your freelance rates? In this pricing series we’ve talked about the importance of price v value, the significance of pricing for your target market and the confidence needed to value your worth. But just how do you translate that into an actual figure? Here’s one option. If you run a […]

Here’s A Technique To Attract Customers Who Will Pay You More

What difference would it make to your business (and your lifestyle) if customers paid you more? This might feel like a pipe dream, especially given the current economic situation and an increased expectation to get stuff for free. However, it is a goal that is achievable if you put in place the right strategy and […]

Do You Make These Five Pricing Mistakes That Make You Look Stupid?

How easy do you find it to set your price? For sure it depends on what you sell. Some items are pretty straightforward, but when it comes to factoring in your time it suddenly gets a lot more complex. What’s more, if time is the biggest factor on your price (which is common for many service […]

Why Micro Business Owners Undervalue Their Worth & What To Do About It

The small canteen was normally empty at this time of day. I sat at the table and started eating my lunch. It wasn’t long before the door opened and in walked one of the owners of building where I rented an office. He got a drink and sat down in front of me. We’d not […]

How To Set The Right Price For What You Sell

When running a micro business what do you think is the most important factor in determining the level of business needed to make a success of it? Simply put it’s your “Breakeven point”   What is a Breakeven Point? A breakeven point is the point at which all costs are covered. Anything above that is […]

10 Tax Advantages of Home Working: James Bond Style

Imagine you’re James Bond… You’ve dispatched the Bad Guys, and now you’re setting up shop on a tropical island, offering spy services. Judi Dench has promised you some referrals, you’ve got a brand new office in a corner of your grass hut, and of course, you’re a sole trader. No limited kind of company for […]

How to expand your micro business and keep your sanity intact

Running a business is hard work, whatever size you’re at. Even more so if you’re a burgeoning one, eyeing or going through expansion. Speak to many an entrepreneur and they’ll likely tell you that in the growth stage you’ll be working in some shape or form 24/7.  They’ve got a point. As that god awful […]

Three Inspirational Micro Business Expansion Tales

It can be hard to be positive about business in the current climate. Read a paper, turn on your TV or tune in your DAB, and you’ll likely be greeted with a mass of doom and gloom, especially where business is concerned. It can all be a bit bleak. As these three start up success […]

Seven Tips For Managing Expansion Successfully

So you’ve formulated a business plan, chosen your company structure and raised the cash needed to fuel your micro businesses growth. Expansion is in sight. All that was tough enough but it’s just about to get trickier…now you’ve got to actually manage the process. In many ways it’s a balancing act. Should you be overzealous, […]