The Easy Way to Calculate VAT in the UK
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…
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Grants for Small Businesses in the UK: Full 2024 Guide
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.…
Everything You Need to Know About Startup Business Loans
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.…
How to Apply for New Business Loans in the UK
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…
Small Business Loan UK: Everything You Need To Know
1. What Is a Small Business Loan? A small business loan is a form of financing provided to startups and SMEs to support growth, operations, or cash flow. The loan is repaid over time with interest, under agreed terms and…
Primary Research Advantages: Better Data, Smarter Decisions
1. What Is Primary Research? Primary research involves collecting new, firsthand data directly from sources like customers or markets. It includes: Unlike secondary research, it provides original insights tailored to your exact needs. 2. Key Advantages of Primary Research Here’s…
How to Calculate Market Size and Why It Matters
1. What Is Market Size? Market size refers to the total potential demand for a product or service in a particular market. It tells you: Market size is usually expressed in: 2. Why Is Market Size Important? Understanding market size…
How Does Corporation Tax Work in the UK? Simple Guide
1. What Is Corporation Tax? Corporation tax is a tax paid by UK companies on their taxable profits. It applies to: Unlike income tax, there’s no personal allowance—all profits are taxable. 2. Who Pays Corporation Tax? You must pay corporation…
How to Use a Startup Business Plan Template
1. What Is a Startup Business Plan Template? A startup business plan template is a pre-formatted document that guides entrepreneurs through writing a business plan. It includes all essential sections for planning, pitching, and launching a successful startup. 2. Why…
How to Create a Cash Flow Projection Template in Excel
1. What Is a Cash Flow Projection Template? A cash flow projection template is a financial planning tool that estimates future cash inflows and outflows over a set period—usually monthly or quarterly. It shows whether your business will have enough…