Business Team

Tips and Advice Videos

The SME club offers business advice and tips to cover every aspect of running a UK small and medium business. Our tips below covering many helpful areas of managing your business including employee tips, HR tips, COVID 19 tips, accountancy tips, tax advice tips, re-opening your business tips, social media tips and so much more. Check out our video tips below and our SME tips page for more business tips to help you manage your business.

How to START A Small Business UK with no Money or Experience 2020 | Simple Easy Tips

How to START A Small Business UK with no Money or Experience 2020 | Simple Easy Tips

In this video you will learn a step by step process on how you can start a small business in the UK with no money or experience 💰 Free Resources ✔️ ⚡️💻 FREE Mini Course ‘The Youtube Attraction Magnet’ https://subscribepage.io/free-mini-course 🔥💰FREE Business Plan Template https://mailchi.mp/f1d7dd2658c7/easy-business-plan-template ⚡️ Videos To Watch: ⚡️ The "Millionaire" Morning Routine Habits https://youtu.be/ANKNHbsd0sg ⚡️ How to START A Small Business UK with no Money or Experience https://youtu.be/oQFDh6zpun0 ⚡️Passive Income Ideas UK (£2000 per month) https://youtu.be/o5q3RQ9TwyE - ⬇️ Programmes ⬇️ ** The Fearless Female Evolution ** https://www.zoemckenna.com/packages The Fearless Female Podcast 🎤 https://apple.co/3w3yOqk ** About Me ** https://www.zoemckenna.com/about-6 **GET MY EQUIPMENT HERE**: https://www.amazon.co.uk/shop/zoemckenna **Canva** https://partner.canva.com/LeOzV ▸ INSTAGRAM - www.instagram.com/zoexmckenna ▸ FACEBOOK - www.facebook.com.zoexmckenna ▸ BUSINESS EMAIL - zoeamckenna@hotmail.com ▸ WEBSITE - www.zoemckenna.com - // ABOUT ME Zoe Mckenna is a female entrepreneur, YouTube content creator and mother of three. Her mission is to help female entrepreneurs believe in their full potential so they can build their business whilst still having freedom in their everyday life. ** ▸ Disclaimer: Some of the links provided may be affiliate links. If you make a purchase via one of the links above I may receive a small commission but at no extra cost to you. Thank you for your support so I can provide free content for you all.
What is VAT in the UK?

What is VAT in the UK?

VAT in the UK is a complex subject that most small business owners struggle to understand. If you don't get a handle on it your business can be crippled when you suddently need to increase all your prices by 20%. In this video I'm giving you a very brief overview of what VAT is and how it works in the UK. If you want to drill in to this in more detail I'd suggest reading the Government's own guidance as it's very well written: https://www.gov.uk/vat-businesses What is Turnover in business? Explained here: https://youtu.be/gJeOUW_C_YQ Help to support this channel directly - join and get extra member-only content at: https://smallbusinesstoolbox.uk/member/ Here's some links to products I use or would consider using - read more about affiliate links at the bottom of this description: iZettle to take credit card payments: https://bit.ly/sbt-izettle-uk Tide for business banking: https://bit.ly/sbt-tide-uk SiteGround for high quality website hosting: https://bit.ly/sbt-siteground-uk 123-Reg for domain names: https://bit.ly/sbt-123-reg-uk More articles on my website: https://smallbusinesstoolbox.uk Disclaimer: I'm not in any way qualified to give you accountancy, tax or legal advice. Always use a good accountant. My opinions are my own and don't necessarily reflect the views of the companies I deal with. I sometimes use affiliate links - these don’t cost you a penny and help to keep this channel running. Read more about affiliate links here - the fairest way of funding the internet: https://smallbusinesstoolbox.uk/affiliate-links/ - thanks so much for your awesome support! #VAT #UK #SmallBiz
How to Start a Business UK - 7 STEPS FROM IDEA TO BUSINESS IN 1 NIGHT

How to Start a Business UK - 7 STEPS FROM IDEA TO BUSINESS IN 1 NIGHT

How to Start a Business UK - 7 STEPS FROM IDEA TO BUSINESS IN 1 NIGHT NOMINATED FOR BEST UK MONEY VLOG and BEST PERSONAL FINANCE UK BLOG 2018 Want to know how to start a business from scratch? Got an idea but want to know the steps that will allow you to take that from idea to a business concept that you can approach customers with? Wondering how you pay taxes accordingly and how to set up your company officially? My video will help you along with my blog post below. Try it and let me know in the comments below if you loved it too. You can find the related Blog post here ➡️ https://wp.me/p5eEI4-Co If you would like to support my work and receive exclusive content, please check out my Patreon: https://www.patreon.com/jenniferkempson If you enjoy this video, here are some others you might enjoy of a similar investing basics theme: 😍How to Become A Millionaire at any age https://youtu.be/o0-dmSyv8x4 The Money Stacks System (that I use to budget and create financial freedom for our family) - https://youtu.be/Dukl-PzJriY 💵How to Open an Investment ISA (Stocks and Shares ISA) https://youtu.be/XWXL1WALUjQ Intro to Investing ➡️https://youtu.be/jqIoPZbvyBw Want to know your exact financial freedom number? ➡️https://youtu.be/A5nKWKKlbyQ My products you might love: AutoPilot Money System for all your budget, financial freedom calculations, debt repayment system, Net worth calculator, Sinking funds and Investment Tracker http://bit.ly/goalsspreadsheet MY BOOK - The Master Money Blueprint available on Paperback and Kindle - https://amzn.to/2IThc9w The only step by step course that shows you how to design a Budget that allows for financial freedom and also creating the life you want. Check out my BUDGET SUCCESS BOOTCAMP Mini-Course here // http://bit.ly/BudgetSuccessBootcamp Equipment I use for my videos: Audio Recorder - https://amzn.to/2TUBpOG Microphone - https://amzn.to/2MwFkk0 Camera - https://amzn.to/2KOFVeD Laptop - https://amzn.to/2MwEHHa running Final Cut Pro X Where else to find me: Blog: http://www.mamafurfur.com Instagram: https://www.instagram.com/mamafurfur/ Facebook: http://www.facebook.com/mamafurfur Pinterest : https://www.pinterest.co.uk/mamafurfur DISCLAIMER - Any advice given in on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a Finance adviser before undertaking any investment with your money or change to your financial activities. Hashtags: #workfromhomejobs #createabusiness #businessideas
VAT for UK small businesses - Tax Tips & Advice for Business

VAT for UK small businesses - Tax Tips & Advice for Business

http://www.incauk.biz/ Hi, I'm Graham from Inca Chartered Accountants. In this video I'm going to talk about how you can make money from VAT. VAT is all about your sales. The threshold is £73,000. If you're rolling 12 months sales exceeds that limit you have to register for VAT. The key word in that is rolling. It doesn't operate on 1 financial year to the next basis. It operates on a rolling 12 months. Soon as you tip over, you have to register. What I'm interested in is registering early on a voluntary basis. Before your sales get anywhere near £73000 a year. Why would you want to do that? Well it a lot of cases you can actually make a lot of money from it. If you are selling to other businesses and those businesses are VAT registered then your sales are no more expensive now than they would be if you weren't VAT registered. On the plus side expenses you incur running the business suddenly become cheaper. There are lots of things you may buy which have VAT on them. Mobile phone bills, internet, computer equipment, desks and chairs, even dare I say Accountants bills. All of those things become cheaper if you are VAT registered. Now that can save you around about a sixth of the cost when you add that up over a quarter, over a year that's quite a substantial saving and that's extra profit for you. Money that you don't have to go and generate in sales elsewhere. So when you are in a situation where you are selling to other businesses think carefully about VAT registering nice and early would benefit you and make you some money. Now there is another line to the VAT side. If you happen to be in professional services you may not buy a lot, month on month for your business - a bit of mobile phone, a bit of internet. There is a scheme called the flat rate scheme and its particularly useful for biusinesses who are in professional services who don't have a lot of expenditure. Its also really easy to operate because you are only looking at the VAT on your sales. You can forget abou