start-up

Pension Freedom Reforms to Fuel Rise of ‘Later-Life Entrepreneurs’

Pension Freedom Reforms to Fuel Rise of ‘Later-Life Entrepreneurs’

One in 10 people set to retire in the next 18 months intend to start a business or go into consultancy, following new pension freedom reforms which mean over 55s can access their pension in lump sums. The new reforms enable anyone over the age of 55 to use their accrued pension fund in any way they wish, including taking their entire pension fund out in a single amount. The research from AXA Wealth, which featured 1,500 UK residents, found that the average retiree’s pension fund was £550,000 and, of the one in 10 planning to go into business, 47% expect to use a quarter of their fund to obtain a tax-free cash injection to launch a company. As a result of the new reforms, industries including is healthcare, transport and travel, professional services, manufacturing, IT, education, HR, arts ... »

How to Attract the Best Talent to Your Start-up

Discover how to compete with the big corporations to win top employees who will help your business grow Business is booming, your little start-up is growing into an empire and to move it forward you need to employ new talent. But how do you attract this talent to join your team in such a competitive market? What can you offer that sets your start-up apart from other businesses to ensure you get the best and brightest recruits? The obvious answer might be a big salary, although this is something not necessarily achievable for smaller businesses. While the wages have to be fair, there are other and often more important elements that will make your company a desirable place to work. A business that offers career progression The best new talent will have their eyes on career progression, so de... »

Last Call for Innovative Tech Firms to Win Trading Support

Last Call for Innovative Tech Firms to Win Trading Support

Innovative science and technology firms only have until 16 September to enter the Government-backed iawards, to be in with a chance of winning publicity and international trading support. Applicants can choose from 13 categories to enter, including energy and environment, digital communications, best collaboration, the next big thing and best technology start-up. Category winners will then go head-to-head for the iaward of the year. The awards are open to UK-registered firms of any size that have launched ground-breaking projects since 1 July 2007. BBC Dragons’ Den judge James Caan, urged businesses to put themselves forward. “I firmly believe that businesses who focus their energy on nurturing the talent available to them can lead the UK out of the recession,” said Caan.... »

Budget Statement 2004: Summary of Small Business Announcements

Introduction On 17th March 2004 the Chancellor of the Exchequer gave his Budget statement, which showed that: the UK economy is now enjoying its longest sustained expansion on record; economic growth last year was in line with the Budget 2003 forecast, and is projected to strengthen further in 2004 and 2005; and the government is on track to meet its strict fiscal rules for the public finances. The full Budget Statement and Report can be found at Budget 2004. Budget Statement 2004: Summary Small Business Statements – Crown Copyright © 2004-2012 »