Thursday February 23, 2012 at 9:00am
The problem with the future is it hasn’t happened yet.
For business this means planning ahead is dependent on speculation. Of course, that speculation is based upon facts and figures, but how do you interpret them? In reality, we often depend upon other people’s interpretations and predictions, but only this week we’ve found cause to be wary of putting too much faith in the media.
The Institute of Chartered Accountants in England and Wales (ICAEW) recently released a report....
Friday February 17, 2012 at 9:00am
Being in business is about facing challenges. You may have devised a growth strategy and know where you hope to be in, say, three years' time. But even the best strategy has two shadows looming over it: a struggling economy and the government. Broadly speaking, you can do little about the state of the economy. At best, you should remain positive and continue looking for opportunities. The shadow the government casts is a different matter. Government policies or inaction can hold you back. What y....
Friday February 10, 2012 at 9:00am
Investors and start-ups take note. From 6 April 2012, the Seed Enterprise Investment Scheme (SEIS) offers tax breaks to individuals investing in small companies. In 2012/13, these tax breaks could be worth 78% of the investment.
SEIS conditions
SEIS builds on the success of the Enterprise Investment Scheme (EIS). The government's idea is to help riskier start-up companies raise the finance they need.
In order to qualify:
Companies must have 25 employees or fewer
Their assets must ....
Friday February 3, 2012 at 11:52am
If you come into money from an inheritance, bonus or even a lottery win, your thoughts may immediately turn to paying off your mortgage. Although we live in a society where debt is commonplace and accepted, many people want to pay off their home loans at the earliest opportunity. After all, a home without a mortgage is financially secure.
But think twice. Instead of clearing or reducing your mortgage, consider your future. In particular, think about your pension provision.
Inadequate pensio....