What is turnover? This is a question that many new business owners need to know the answer to when they first start their companies. Company turnover is a term used […] more»

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»

This travel expert started by borrowing cash from his friends to set up his business, and is now known for treating his staff to luxury holidays and holidaying to Marbella every month. more»

Handed an old tipper truck in lieu of a final salary, many would have despaired. Not Harsha Rathnayake, he saw an opportunity and set up Junk Hunters. more»

The VAT threshold will be maintained at its current level of 85, 000 for at least the next two years, the chancellor has announced, keeping thousands of small business out of the system. more»

After an independent, government-backed review recently recommended significant changes to Britain's VAT system, Business Advice readers got in touch to offer the perspectives of the UK's small business owners. more»

The average value of a small business in the UK has fallen by 4, 000 in the last 12 months, according to a new study of valuation data. more»

The entrepreneurs leading Britain's social enterprises are outperforming mainstream SMEs in a range of business metrics, according to a new report. more»

Firms in high-skill and highly-paid sectors, such as biotechnology, engineering, high-tech manufacturing and life sciences were, for example, more likely to receive financial support in the form of a grant than companies in lower-skilled industries. more»

As cost pressures rise and more owners face challenges with their business in 2017, it's important that a business owner suffering from a financial blip doesnt perceive them as a precursor for failure. more»