Not everyone sets out to become a landlord, some people inherit a property, some move in with a partner and rent out their old home, others relocate for work and decide to keep hold of their property rather than sell. Before they know it, they’re receiving rent each month and have unintentionally joined the ranks […]
For many landlords, the decision to keep or sell a rental property isn’t as straightforward as it once was. A few years ago, the answer often seemed obvious, property prices were rising, rental demand was strong and many investors were happy to take a long-term view. Today, however, landlords face a growing list of considerations […]
Most business owners don’t have a business plan. Or at least, they don’t have one they actually use. What they do have is a document they spent three days writing when applying for funding in 2021 that’s now sitting in a folder called “Final Final Version V4”. A one-page business plan is different, it’s quick […]
At Whitesides, we don’t have a Dave. We have Adam – coincidentally it’s also his birthday today! Now, officially, Adam has a job description. In reality, we’re not entirely convinced it’s possible to list everything he actually does. Need the website updating? Speak to Adam IT issue? Adam Annual regulatory compliance? Adam Fire extinguisher inspection […]
In our recent blog, is your business really your retirement plan, we looked at a question many business owners never properly ask themselves: would somebody actually want to buy your business when the time comes to retire? If that article left you thinking about your own plans, the next question is equally important: what should […]
Many business owners assume they’ll fund their retirement by selling their business. It’s easy to understand why. After years of building the company, taking risks and reinvesting profits, the business often becomes the largest asset they own. But here’s the uncomfortable question: What if your business isn’t worth what you think it is? Many Business […]
Like most conversations in Britain, the hot topic (pardon the pun) in our office has been the weather. With temperatures regularly pushing into the high twenties and beyond, a petition calling for a legally enforceable maximum workplace temperature has gathered thousands of signatures and reignited the debate about what employers should do when the office […]
For most growing businesses, people are the largest investment they make. Whether you’re hiring your first employee or expanding an established team, it’s important to understand that the true cost of employing someone is far more than their basic salary. We often speak to business owners who budget for a £35,000 employee, only to discover […]
Choosing the right accountant is important at every stage of a business’s journey. When you’re starting out, your priorities are usually straightforward, annual accounts, tax returns and making sure deadlines are met. However, as a business grows, so do the challenges. What worked when turnover was £200,000 may not be enough once your business reaches […]
By Sean Rushton Starting a business with co-founders, business partners or family members is an exciting time. Most of the attention goes on winning customers, building the offering and getting the company off the ground. Because everyone gets on well at this stage, it’s easy to assume that formal paperwork between shareholders can wait. It’s […]
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