entrepreneuracademy

I plan to launch my new consultancy business soon – should I set up as a sole trader or limited company? BANK ON DAVE replies I’m launching a business soon but I’m not sure whether to set up as a sole trader If I launch as a limited company instead, how should I pay myself? … Read more

When you think of the insurance industry, digital disruption is probably one of the last things that comes to mind. The UK insurance industry is the largest in Europe, and the fourth largest in the world, managing almost £1.7trillion, according to figures from the Association of British Insurers. But it has largely been dominated by long-established … Read more

I operate a small bakery business in a mid-sized town. I have built up a loyal customer base over the last five years. A big part of my sales is takeaway coffee, loaves of bread and sweet treats, like cookies and muffins. However, the cost of all of my raw materials has risen substantially. I’ve … Read more

Sales of paint, wallpaper and tools soared during lockdown as the country tried its hand at DIY. Primetime shows like The Repair Shop and Money for Nothing prove just how mainstream DIY has become for Brits. But interest in upcycling, when old items are either reupholstered or used to create entirely new objects, long pre-dates … Read more

The Royal Jubilee will boost British pubs and restaurants – is it enough to combat their rising bills and inflation pain? Pubs and restaurants are expected to bring in £76m this weekend  Nearly half of hospitality businesses expect a rise in sales over the bank holiday It is a welcome boost for small firms battling … Read more

Money is one of the biggest hurdles when setting up a business and sometimes a helping hand is needed to fund scaling-up costs or to keep a business afloat. The most traditional way for businesses to bridge gaps in funding has been to take a business loan. They enable small firms to fund their day to … Read more