Business Advice

‘Dear Danbro, Should I Incorporate My Business?’

April 11 2019 @ 10:00 am by Sam Wright

From our very own sole trading clients, to those just starting out in business, we’re often asked about the benefits of incorporation. Whilst it can have huge advantages for contractors, freelancers and small business owners, it doesn’t suit everyone. So, should you incorporate your business and what do you stand to gain from doing so? […]…

‘My Franchise Journey’, With Fiona Simpson

February 12 2019 @ 10:20 am by Sam Wright

Whether you’re contemplating a career in the franchise industry, or if you’re an established franchisor, progression should be a prime consideration. But how can you grow your franchise? We spoke to Fiona Simpson, ‘Woman Franchisor of the Year’, about her business’s growth, and her advice for aspiring franchisors. Fiona is the Founder, Franchisor, and Managing […]…

What will 2019 mean for your business?

January 04 2019 @ 2:34 pm by Sam Wright

2019. A new year, new legislation, and new opportunities for you and your business. Tax regulations and Budget implementations may not have been at the forefront of your mind over the festive period – and who can blame you? However, it’s important to be aware of the impact that legislative change can have on how […]…

10 Gadgets to Treat Your Business to This Christmas!

December 14 2018 @ 11:08 am by Sam Wright

So, you’ve picked your parents’ prezzies, selected your sister’s stocking filler, and spent a fortune on Fortnite vouchers and LOL Dolls! Everyone’s taken care of, but, what about treating your business to a gift or gadget this Christmas? You might not think it traditional to expect a return on investment for a Christmas present, but […]…

How to Change your Accountant

November 16 2018 @ 10:01 am by Sam Wright

So, you’re looking to change your accountant? Choosing who to entrust with your business’s finances is a crucial decision. It’s one that can leave a long-lasting legacy – positive or negative – on your business’s future. The best accountants can save you time, money, and help your business thrive. Whereas, the worst could deprive you […]…

3 things to consider when taking on your first employee

November 09 2018 @ 9:50 am by Sam Wright

Taking on your company’s first employee is a significant moment in the development of your business. Every entrepreneur can remember the day they hired their first member of staff – just ask the Wolf of Wall Street. As important as this milestone is, administrative challenges, legal complications and customary red tape can pull you and […]…

Making Tax Digital: Trick, or Treat?

October 31 2018 @ 9:29 am by Sam Wright

Tax returns can be scary at the best of times. Even more so if the words ‘digital’ or ‘electronic’ are involved in the undertaking. But while you may not be completely up-to-speed with Making Tax Digital, or the latest accounting technology – and who can blame you? – your accountant most certainly should be. Here […]…

Which expenses are you entitled to if you’re self-employed?

October 26 2018 @ 9:37 am by Sam Wright

From pencil cases to parking payments, there are plenty of costs associated with self-employment. The good news is, many of these costs are classed as ‘allowable business expenses’ and can be deducted before you work out your annual taxable profit. So, in practice, if you earn £35,000-per-year and you claim £5,000 in allowable business expenses, […]…

The Rapid Rise of the ‘Other’ Selfie Culture

October 05 2018 @ 10:00 am by Sam Wright

Here in the UK, we’re surrounded by selfies! And not just teenagers with sticks adjusting their reflected photos with emojis and filtered dog ears. Since the turn of the century, the number of self-employed workers in the UK has risen to record levels, and it’s an increase which shows no signs of slowing.   Self-Employment […]…

Ten Top Tips for Starting a Business

September 19 2018 @ 1:57 pm by Sam Wright

Have you got a game-changing new business idea but are uncertain about how to start-up on your own? Are you tired of being just another employee and have ambitions to work for yourself? Self-employment is a brave step to take and one that has the potential to be incredibly rewarding. But, there are a few […]…
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