Accountancy for Small Business
What is accounting?
Record all transactions
Reports about your business
Interpreting & Analysing
Do I need Insurance for my Small Business?
What is Employer’s Liability insurance?
How much does Employer’s Liability insurance cost?
Will my Employer’s Liability insurance pay out?
Other types of insurance include…
How much does it cost to add business use to my car insurance?
What is Professional Indemnity insurance?
Should I get Professional Indemnity insurance?
What is Public Liability insurance?
Should I get Public Liability insurance?
How much does Public Liability insurance cost?
The 5 Essentials of Branding your Small Business
1. What is a brand and how does it apply to my business?
2. How do I create my brand?
3. How do I brand on a budget?
4. What does my company need to brand?
5. What are and what should be included in brand guidelines?
Questions to Ask Yourself when Writing a Business Plan
1. What should be at the beginning of my business plan?
2. What analysis should I do?
3. Have you thought about the day-to-day running of your business?
IT Equipment for Small Businesses
1. Hardware – Computers, Laptops, Phones.
2. Software
3. Network
4. Accounting System
5. Payroll Software
6. Inventory Control System
7. CRM (Customer Relationship Management)
8. Cloud Working
9. Payment Options for Customers
Online integrations
Card machines at point of sale
In summary …
How to Lease Equipment for your Business
1. What are the benefits of leasing equipment?
2. What types of finance contracts are there?
3. Do I have to add leased equipment to the balance sheet?
4. What should I look for when leasing equipment for my business?
How to Create a Business Strategy
1. What is a business strategy?
2. How do I write a business strategy?
3. What areas of my business should I have a strategy for?
4. Are strategies really worth the time taken away from my business?
Employment Types & Contracts
What is an employment contract?
Permanent
Advantages
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Disadvantages
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Dedicated team
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More administrative work
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Easier to plan out future
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Increased liability
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Potentially higher costs if you offer benefits
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Freelance
Advantages
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Disadvantages
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Cost
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Lack of understanding your business
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Usually quick and easy to find
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Can not invest in freelancers eg. training
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Knowledgeable with experience
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Uncertain quality of work
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Self-employed
Zero hour contract
Advantages
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Disadvantages
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Easy access to workers when needed
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Zero Hour Workers aren’t always available
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No need to train new people
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Likely high turnover
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Lower costs than having permanent staff
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