1. Freelance Services Leverage your existing skills to offer services such as writing, graphic design, or social media management. Platforms like Upwork and Fiverr can help you find clients. 2. Online Tutoring With the rise of e-learning, online tutoring is…
1. Embrace AI-Powered Services Artificial Intelligence (AI) continues to revolutionize industries. Starting a business that leverages AI can position you at the forefront of innovation. Consider: 2. Sustainable and Eco-Friendly Products Consumers are increasingly eco-conscious. Businesses that prioritize sustainability can…
1. Understanding Business Bank Loans A business bank loan is a financial product offered by banks to help businesses fund operations, expansion, or other needs. These loans typically come with fixed or variable interest rates and set repayment terms. 2.…
1. Defining a Private Limited Company A private limited company (Ltd) is a business structure where ownership is held by a small group of shareholders, and shares are not offered to the public. This setup provides limited liability protection, ensuring…
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…
