Small businesses are the backbone of the UK economy. They make a huge amount of money for the country and are responsible for employing millions of people across the UK. […] more»

At a glance, the difference between a sole trader and a limited company is that the latter is its own legal entity, and the liability of owners or shareholders is therefore limited as a result. more»

Small UK business owners are eyeing up revenue, jobs and export growth this spring, a new report has found, helped by lower inflation and progress on Brexit. more»

Here, Gary King, managing director of business strategy firm Tendo, leverages his mentoring experience to explain how readers could generate an extra 5, 000 for their business each month. more»

What does EBITDA actually stand for? The answer isearnings before Interest, Tax, Depreciation and Amortization. more»

The additional tax was collected on the back of payroll investigations by HMRC's employment status and intermediaries team. more»

Here, Business Advice looks at the difference between revenue and profit two concepts that both refer to money made by a company, but which are often conflated. more»

Put simply, accounts receivables are the sales that you've made and delivered, but which havent been paid for yet. they're a record of the work you've done for a customer and that customer owes you a certain amount of money. more»

Over seven in ten small UK business owners believe that revenue will either stall or shrink over the next year, according to a new study, as a perfect storm? of growing business costs threatens profits. more»

Despite new research revealing that two-thirds of small firms suffer from a loss of revenue after severe weather, some 44 per cent of owners have no contingency plan in place to continue trading when the weather turns. more»