Companies Act 2006 – the final implementation

September 15, 2009 by numerion  

If you run or operate your business through a limited company it is unlikely that you have reviewed your Articles and Memorandum of Association for a long time. It may be time for you to locate them and blow off the dust. The Companies Act 2006, which received its Royal Assent on 8 November 2006, has been dripped feed to us since then, but the Act is reaching its’ final stage of implementation on 1 October 2009.

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Grow your business – in search of the magic pill

September 15, 2009 by numerion  

The bad news is that there is no magic pill for growing your business, especially in the current economic climate. But then you knew that. You are probably in your early stages of your business and need to start either generating momentum to ensure that your business not only survives but hopefully prospers. I have spent half of my life observing or advising businesses and those who have grown their business are often optimistic, determined and have plenty of energy. These characteristics not only enable them to create their own luck but seize opportunities that come their way. Your biggest enemy in growing your business is procrastination.

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Sole Traders: Should you have a business bank account?

September 15, 2009 by numerion  

You run your business on a self-employed basis and until now you’ve been operating only one bank account where you pay business and personal expenses. You do this because you save on bank charges, however there may be compelling reason to consider separating your personal and business activities.

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