1. AI Consultancy Services With the UK’s focus on becoming a global leader in artificial intelligence, offering AI consultancy services can help businesses integrate AI solutions to improve efficiency and competitiveness. 2. Sustainable Packaging Solutions As environmental concerns rise, businesses…
1. Determine Your Taxable Total Profits (TTP) Corporation Tax is calculated on your company’s Taxable Total Profits (TTP), which include:(www.rossmartin.co.uk) To compute TTP:(Wikipedia) Example: 2. Apply the Appropriate Corporation Tax Rate For the 2025/26 tax year:(Crunch) Note: If your company…
1. Home or Office Organisation Services With increasing awareness of the benefits of decluttered spaces, offering organisation services for homes and offices has become a popular business idea. This venture requires minimal investment and can be started with basic marketing…
1. UK Government-Backed Start Up Loans The UK government offers unsecured personal loans to individuals aiming to start or grow a business.(GOV.UK) 2. Community Development Financial Institutions (CDFIs) CDFIs provide loans to businesses that may not qualify for traditional bank…
1. Sole Traders and Self-Employed Individuals If you operate as a sole trader or are self-employed, you are obligated to pay Income Tax and National Insurance on your profits. 2. Limited Companies For limited companies, Corporation Tax is applicable on…
1. Innovate UK – Women in Innovation Awards The Women in Innovation Awards offer £75,000 grants and bespoke business support to female entrepreneurs in the UK. Open to women founders or senior decision-makers in UK-registered SMEs, the program aims to…
1. Understanding the British Business Bank Login Portals The British Business Bank offers distinct portals for different services: 2. Accessing the Guarantees Portal To log in to the Guarantees Portal: If you’ve forgotten your login credentials, use the “Forgot your…
1. Online Tutoring Leverage your expertise in subjects like mathematics, science, or languages to offer online tutoring services. Platforms such as Superprof and Tutorful connect tutors with students across the UK. This business requires minimal startup costs and offers flexible…
1. Understanding the Role of a Business Lawyer A business lawyer specializes in legal matters related to commercial and corporate activities. Their primary role is to ensure that a company’s operations comply with the law, thereby minimizing legal risks and…
1. Understanding the Trade Business Landscape A trade business involves offering specialized services such as plumbing, electrical work, carpentry, or HVAC maintenance. These services are in constant demand, providing opportunities for skilled professionals to establish independent ventures. 2. Selecting the…
