Now that they’ve gone…..can they take your jewels?
Restrictive Covenants in Employment Contracts A recent Court of Appeal decision demonstrates how useful restrictive covenants in employment contracts can be in protecting an employer’s business. The...
You have to owe a lot for someone to make you bust.
Bankruptcy Right now, if someone owes you more than £750, you can petition the courts to make them bankrupt. This is great for SMEs who are generally owed a lot in much smaller amounts. But it was...
Cash is king, not Elvis. How good is your cashflow?
I teach entrepreneurs about the importance of knowing their numbers. Frequently during these seminars I am asked what is the most important number to monitor. And my answer is always cash. There is...
The very simple formula for business success
Is there really a simple formula for business success? Yes, we think so. It starts with having the right attitude and mindset to do something. That's the beginning and that is what you need to do...
Death…then taxes – IHT Business Property Relief
When you die, HMRC will want a slice of your estate. What is IHT? IHT is Inheritance Tax. When you die, the Government will assess the value of your assets and then deduct the value of your...
Is a Rights Share Issue right?
When a company wished to raise additional capital one way of doing so without diluting the existing shareholders is via a Rights Share Issue. When a company makes such an offer it essentially gives...
Reporting limits, are you big or small?
The size of your business defines how much information you need to submit to the public registrar. Some owners are open about their businesses and will submit full accounts for anyone to read. But...
Entrepreneurs are all mad!
Am I mad?, are you mad? are we all mad? Maybe not all of us are mad but I do think that there are a growing number of entrepreneurs who could be seen to be mad. Well, that’s the wrong word to...
As an entrepreneur, do you build dreams?
There are only two types of business people I work exclusively with one. I don’t work with professional managers. These are the people who run a business on behalf of the shareholders. I have...
Passion and love
In business you’ll find yourself working longer hours, working harder than before and you’ll never be seeing the volume of ‘stuff’ you need to do decrease. At that point you may look and question...