What Apple’s CEO Handover Tells Business Owners About Succession Planning Apple announced last week that Tim Cook will step aside as chief executive on 1 September 2026, and hand the role to the current head of hardware engineering, John Ternus. Cook will remain closely involved as executive chairman. If you are a business owner or…
Valuing Your Business: What Buyers Look for and What You Can Do About It If you are thinking about selling your business, whether that is in six months or six years, one of the first questions you will probably ask yourself is “what’s it worth?” While there are formulas designed to calculate the value of…
Disincorporation: Does it Make Sense for You? At one time, incorporating a business once profits reached a modest level was almost the default advice. Today, the conversation is more nuanced, and some existing company owners may even be asking themselves, “Do I still need a limited company?” The question may be prompted by rising tax…
Should You Incorporate Your Business? If you have been running a business for a while, maybe as a sole trader or in a partnership, you may have heard someone say, “You should incorporate”. Sometimes that is well-meaning advice, but is it true that incorporation is the smart move for all business owners? Let’s look at…
Government Responds to Late Payments Consultation The government has published its response to the late payments consultation that ran from July to October last year. It is estimated that late payments cost the UK economy £11 billion every year, and most businesses are familiar with the pain of dealing with late payments. Here we summarise…
How Early Financial Warning Signs Can Protect Your Business from Crisis In many business failures, a collapse can look sudden from the outside. The underlying problems usually begin months or even years earlier and businesses that avoid crisis are those that spot financial instability early and act on it quickly. Here, we look at some…
Starting Up in Business: A Practical Guide Have you reached a point where the idea of running a business feels like more than just a pipe dream? Perhaps you have identified a gap in the market, you want greater independence or your side hustle is telling you that it has the potential to become a…
Spring Forecast 2026: What Does the OBR’s Latest Forecast Mean for You? During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had “restored economic stability” as she presented the Office for Budget Responsibility’s (OBR’s) economic…
Personal Tax Changes Coming in April 2026 With just a few weeks to go until the beginning of a new tax year, a new round of tax changes take effect from April 2026. While many people won’t see a big difference in their day-to-day tax position, there are some areas worth having on the radar….
Is “996 culture” Working Culture Relevant to Your Business? The BBC has published an in-depth piece on “996 culture” – the practice of working 9 am to 9 pm, six days a week. Although the examples mostly come from US tech companies, there are some useful lessons for UK business owners. Here are some points…