Category: Small Business
What is the Difference Between Sales and Net Profit?
Why understanding the difference between sales and net profit is vital for your business On average 60% of UK business start-ups fail within the first 3 years. One of the biggest contributing factors to failure is running out of cash. You may have heard a business owner waxing lyrical about their business profits only for…
UK Staff Cost Calculations
As a small business owner it is vital to understand the full UK staff cost calculations when recruiting a new employee.
Employer National Insurance from April 2025
From April 2025 there are significant changes to the rates that UK companies pay employer’s national insurance, potentially increasing staff costs substantially.