1. What Are Government Grants for Small Business? Government grants for small business are funds provided by UK public bodies to support startups and SMEs. These grants don’t require repayment if conditions are met and are often used for: Unlike…
1. What Is VAT in the UK? VAT (Value Added Tax) is a tax charged on most goods and services sold in the UK. Businesses collect it on behalf of HMRC and include it in their pricing if registered for…
1. What Is a Unique Selling Point? A unique selling point (USP) is what makes your product, service, or brand different—and better—than the competition. It answers the question: “Why should a customer choose you over someone else?” A strong USP…
1. What Are Small Business Start Up Loans? Small business start up loans are financial products designed for new UK businesses that need capital to launch. These loans help cover: They are ideal for businesses with little to no trading…
1. What Are Startup Business Loans? Startup business loans are tailored financial products designed to help new UK businesses cover initial costs such as: They provide a cash flow foundation before your business generates consistent revenue. 2. Who Can Apply…
1. What Is an Off License? An off license (also written as “off-licence”) is a retail shop in the UK licensed to sell alcohol for consumption off the premises. This includes: It differs from pubs or bars, which are licensed…
1. What Is VAT? VAT (Value Added Tax) is a tax charged on most goods and services sold in the UK. It’s added to the sale price and collected by VAT-registered businesses on behalf of HMRC. 2. What Are the…
1. What Are Grants for Small Businesses? Grants for small businesses are non-repayable funds provided by government bodies, charities, and private organisations to support business growth. Unlike loans, grants don’t need to be paid back if terms are met. 2.…
1. What Is a Business Loan for a Startup? A business loan startup is financing specifically for new or early-stage businesses to help cover startup costs like: Startups often use loans when personal funds or investor capital aren’t available. 2.…
1. What Are New Business Loans? New business loans are financing options tailored for startups and early-stage businesses with little or no trading history. These loans help cover essential startup costs such as: They provide the financial foundation to launch…
