2nd September 2015

Dividend Tax – How it Affects You

There was a very important change in the recent budget that affects small limited companies. The introduction of the dividend tax and dividend allowance. Up to now, business owners have been able to take out between £28-31k without incurring any personal tax (depending on the level of salary they have used). However, from April 2016 this will all change. From April 2016, the first £5k of dividends will be tax free, but you will then pay tax of 7.5% up […]
1st June 2015

Why bother with your brand and marketing?

I  work  with  a  lot  of  small  businesses.  And  I’m  always  struck  by  how  much  they   (we)  are all  master  jugglers  -­‐  with  so  much  to think about  to  run  a  small  business,  it’s   easy  to  prioritise  immediate  concerns  –  we  all  have  constant  and  important   deadlines. But  this  isn’t  another  one  of  those  lectures  about  ‘separating  the  important  from  the urgent’…  my  intention  is  to  make  you  think about  why  your  brand  and  your   marketing […]
24th March 2014

2014 Budget – What it Means for You

The latest budget has just been announced by Chancellor George Osborne. It appears that austerity measures will continue until 2018/2019, when the budget deficit is expected to have been reduced to zero, as it is believed that faster growth alone will not balance the books. Here are the highlights of the budget from a small business perspective: – The higher tax rate has been increased very slightly from £41,450 to £41,860. – ISA limits have been increased to £15,000 – […]
21st February 2014

Make Decisions Small and Regular

One of the advantages smaller businesses have over larger ones is their ability to make regular quick decisions. Larger organisations tend to have a long drawn out decision making process, and what can take them weeks to action can be done almost immediately by a small company. To read more of this post click here
12th February 2014

2014 Budget ‘will help small businesses,’ pledges Chancellor

George Osborne has stated that the forthcoming Budget on March 19th will address the issues faced by small businesses. One of these measures is the introduction of the new Employment Allowance, which will give every UK business and charity up to £2,000 off their employer NI bill. This comes into effect from April 2014. To read more of this post click here  
7th October 2013

Opportunities for Graduates in SMEs: Why its Failing

Many people believe that graduates don’t want to work in a small business-  that is a myth. Many graduates are not suited to work in the corporate world, or don’t have the grades. When questioned, many smaller businesses found it difficult to recruit graduates from universities, and many had never been contacted by a university to ask whether they would be willing to take on a graduate. To read more of this post, click here
3rd September 2013

The Big 6 Business Challenges for SMEs: Part 1

With over 10 years experience in mentoring and investing in 50+ Yorkshire based businesses, as well as setting up, running and then selling a marketing agency, BiY Founder Darren Shaw has accumulated considerable experience working with business owners in the SME sector. So he knows about the Big 6 Business Challenges that most SME business owners are facing (they are certainly recurring themes in the BiY Business Owner Peer Groups) – in fact, he finds that most business owners are […]