Start and Run Your Own Business by Alan Le Marinel

By Alan Le Marinel

Even if you dream of possessing a nook store or beginning the subsequent excessive highway chain, there are few extra intriguing clients than beginning your individual enterprise. The variety of humans determining to form their very own future is becoming and is open to humans of every age. marketers over the age of forty five elevated by way of 26 in line with cent final 12 months and the typical age of these who commence their very own enterprise is 39. should you get it correct the rewards may be nice - not just in monetary phrases yet within the experience of feat. This booklet will advisor you thru the full begin method and steer you on in the direction of good fortune. Defining what you are promoting approach gaining knowledge of the industry and atmosphere the ideal expense Writing a marketing strategy and elevating finance Recruiting and dealing with employees Forecasting, budgeting and accounting deciding to buy an current company or franchise

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Start and Run Your Own Business

Even if you dream of possessing a nook store or beginning the subsequent excessive highway chain, there are few extra fascinating clients than beginning your personal company. The variety of humans picking to form their very own future is growing to be and is open to humans of every age. marketers over the age of forty five elevated by way of 26 consistent with cent final yr and the common age of these who commence their very own enterprise is 39.

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Business under constant review, As your business gro not be afraid to del responsibility. Yo responsibility. You must Management of the people and systems in the concentrate your efforts business on what you do be If you are going to employ staff in your business it is vitally important that you have strategies in place to manage them successfully. In addition, you must have clear control and information systems in place if you are going to redefine your business strategy at any point in the future.

In these 40 / START AND RUN YOUR OWN BUSINESS circumstances your resource problems will centre on what to do with those that are excess to requirements. It will be easy to plan and allocate the resources under the first two headings, physical and human. You should have clearly established exactly what equipment and other assets you will require, together with the staff that you need to run the business. Financial resources, however, are more difficult to plan and allocate, especially if you have to raise funds from external sources.

Your return, and any tax payable, must be delivered to HM Customs and Excise within one month after the end of the return date. Even if no tax is payable you must still file the return. 20/ START AND RUN YOUR OWN BUSINESS In certain circumstances you can apply for alternatives to the normal three-month return requirement. TIP If you do request monthly return remember you will have a significant amount of extra work to do in completing twlve returns a year instead of only four. uMonthly VAT returns You can request monthly returns if you normally expect to receive a refund of VAT rather than expect to receive a refund of VAT rather than registered voluntarily,monthly returns are not an registere ns b Non-standard VAT returns If your accounting system is not based on calendar months you can apply for VAT return dates that fit more closely with your system.

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