8 things to make your business stand out from the crowd

Whatever your chosen industry, your new business will need to compete with a huge number of established rivals, including other freelancers and much larger companies, all of whom will have much more developed reputations and experience than you will. Making your one-man brand stand out in the midst of all this noise is undoubtedly a real challenge, but there are a number of basic tips and key principles that freelancers can follow that can really help them to get their names out there and give their business the injection of momentum they'll need to thrive in the long term. Continue reading

A guide to looking after your employees

Everyone knows that looking after your employees and keeping them happy is good for business; but it’s not always an easy thing to do. A good coffee machine, football table, and the occasional lunch out can only go so far when it comes to raising office morale and boosting productivity. We take a look at some of the unusual – and extreme – tactics companies use to look after their employees well-being. Continue reading

Strong hiring intentions creating opportunities for contractors

Contractors and freelancers will continue to find plenty of opportunities to pick up work in the coming months due to the ongoing demand for talent and skills among the UK's businesses. The latest JobsOutlook survey from the Recruitment and Employment Confederation (REC) has shed light on this trend, with the 600 employers polled generally showing positive sentiments towards hiring. Continue reading

What’s the difference between shareholders and directors?

Setting up a limited company is a popular choice for freelancers and self-employed people as the scope and scale of their operation becomes larger over time. While there are all sorts of benefits associated with such a move, you'll also certainly need to be aware of the additional administrative requirements this creates. One of the most important considerations is the emerging role and the difference between shareholders and directors - both key players in the development of the company, but whose functions and responsibilities differ in important ways. Continue reading

Good reasons for keeping a cash reserve

As the funds in your business bank account grow, it can be tempting to take money out of your Limited Company to boost your personal finances. Think twice before you do. To start with, that cash may be needed to cover future payments such as corporation tax, National Insurance, PAYE and VAT payments. You may also have annual charges such as subscriptions, insurance premiums and compliance-related obligations due in the near future. Continue reading