If Your Business Needs Money, Use Your Pension

November 25, 2014
Pound coins, plant pots, money tree, growing money

Until recently the big banks were the first stop for businesses wanting to borrow money. LawBite’s partner Brian Bennis from SIPPclub compares alternative funding methods for businesses and provides a comparison of figures to make sense of it.

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Protecting Your Business From Former Employees

November 21, 2014

How to protect your business confidential information, trade secrets, clients, customers, suppliers and employees in order to avoid future problems.

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Fundraising financials. Useful? Essential? Or a waste of everyone’s time…?

November 18, 2014
Statistics, Finance, Projections, Businessman, Forecasts, Financial predictions

With the ‘start-up’ culture exploding around us and fundraising pitches and loan applications a routine part of every entrepreneur’s daily grind, I see a surprising polarity of views about the usefulness and relevance of financial projections and how to go about them.

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An APR By Any Other Name…

November 13, 2014
dice, percentage, risk, chance, probability

When we think of finance – commercial or personal – the first thing that comes to mind is cost, of course. However, there are upfront fees, completion fees, payment frequencies, variable rates and payment periods to confuse us. To solve this problem, financial gurus developed the concept of the APR – or annual percentage rate. The concept was first used to compare long-term mortgages and has remained a part of the lending world ever since.

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How To Manage Poor Performing Employees

November 11, 2014
Employee, Lazy, office worker, relaxing

Employees are a valuable asset to any business, so performance issues should be managed effectively as they arise, following a proper procedure to avoid successful employment tribunal claims. While claims can arise at any stage of the performance process the most likely claim is for unfair dismissal. Generally, employees have to have at least two years’ service (or one year’s service, if their employment started before 6 April 2012) to claim unfair dismissal.

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What’s In A (Business) Name?

November 6, 2014
companies, logos, trademarks, brands, names

You may already have a list of possible names for your business or maybe you are still waiting for some inspiration but whatever name you choose it pays to check that it is a name you can use before you go to print with it and start building your business reputation.

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The Legals Of Charity Fundraising As A Small Business

November 3, 2014

Small Companies are increasingly doing their part to contribute to charitable causes and to adopt Social responsibility, in one form or another. This is rightly so, with increased competition in the marketplace and an increase in focus on the overall ethics and activities of larger organisations, there is every suggestion that the same applies to smaller companies.

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