Hiring your employee is an exciting, but daunting experience. Here are our top tips to think about before you hire employee number one.
How do I hire my first employee?
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Business
Pension saving for the self-employed
If you work for yourself, you’ll need to set up your own pension scheme and save towards retirement. The sooner you start doing this, the better.
10 big mistakes for tradespeople
There are a few common mistakes to avoid if you want to take your trade business to the next level, from costing poorly to neglecting your professional image.
Claiming company cars
The company car is one of the most convenient benefits you can offer, and business owners can deduct some, or in some cases all of the cost before tax.
How do I change my accountant?
How do I change my accountant? Is it worthwhile? Is it stressful? We don’t think so, see our simple guide to get started.
I’m self-employed – how on earth do I go about buying a house?
The UK mortgage system is set up for people with regular paycheques, presenting a minimum risk to lenders. So what are your options for getting on the housing ladder if you’re self-employed?
Dealing with the bad days in business
If you listen to entrepreneurs on social media, you’d think every day was perfect, but we all know that’s not true. Here are some practical strategies I’ve learned to manage the difficult days in business.
Top five tips on recordkeeping for your business
Recordkeeping is the bane of the business owner, but our five tips will turn the tedium into something effortless
Xero vs QuickBooks: which is the best cloud accounting package for my construction or trade business?
We’re big fans of cloud accounting software here at Mayflower and especially of QuickBooks Online and Xero – but the best one for your firm will depend on various factors.
Five signs it’s time to set up a limited company
One of the questions we get asked most often is “Should I incorporate?” and there’s no simple answer. Here’s a summary of the main things you need to know before making a choice.
Discounting and self-worth
Discounting can really undermine your self-worth in business and should be used cautiously, but why is this? Are there times when it can work?
6 key tips for going limited
Going limited is the start of a fantastic journey for many, but it demands stewardship. Here are our 6 top tips for new company owners.