Home Main Body Text The Business and IP Centre Leeds is a one-stop source for all your business and intellectual property needs. We draw on a wide range of resources and have extensive experience in dealing with business and intellectual property enquiries. We are members of the Europe-wide PATLIB network, the British Library's Business & IP Centre network, and work closely with the West and North Yorkshire Chamber of Commerce and other partners. Business InformationWhether you are taking your first steps in setting up in business, targeting new customers, increasing your knowledge of competitors or looking for new partners or markets we have a wealth of information at our fingertips Protecting your products and services We can guide you through the procedures required to help you protect your products and services using patents, trade marks, registered designs and copyright
Starting a business On this page you will find links to guidance on what you need to do for tax and National Insurance purposes when you start up a business as a self-employed person, a partnership or a limited company. You will also find links to additional help and support HM Revenue & Customs (HMRC) offer new businesses. On this page: What you need to do when you start a business Follow the links below to guidance on what you need to do for tax and National Insurance purposes when you start a business including return filing and paying deadlines and what records you must keep. Self-employed tax and National Insurance Tax returns for partners and partnerships Starting up a limited company Getting started with VAT PAYE for employers Construction Industry Scheme Record keeping Importing and exporting goods and services Top Help and support for new businesses HMRC's help and support for businesses When you need to send payments and tax returns A calendar giving you all the dates of key tax deadlines in one place.
Business Scalability - BizThoughts I’m obsessed with scaling. Not in the technical, keep-the-Fail-Whale-away sense. In the business sense. Every time I work on a particular business issue, I can’t help but think: “How can I scale this process?” What can I do to increase efficiency, to produce more with less effort? This is, of course, rooted in laziness. Have you thought about how you can be more lazy with your business? Thinking About Scalability in a Service Business To get you thinking about business scalability, here are some processes we’ve set into place for our web development agency, WebMocha. Scaling Resources Revenue potential in a service business is tied directly to your resource capacity. However, resources are finite. By increasing their productivity. This is why service companies that have been around for years tend to be better than newer shops. Scaling Clients Another revenue driver of a service business is the number of client projects you can get. However, finding customers is difficult. What Can You Do?
Set up a business What you need to do to set up depends on your type of business, where you work and whether you take people on to help. Register your business Most businesses register as a sole trader, limited company or partnership. Sole traders It’s simpler to set up as a sole trader, but you’re personally responsible for your business’s debts. Find out more about being a sole trader and how to register. Limited companies If you form a limited company, its finances are separate from your personal finances, but there are more reporting and management responsibilities. Some people get help from a professional, for example an accountant, but you can set up a company yourself. Partnerships A partnership is the simplest way for 2 or more people to run a business together. You share responsibility for your business’s debts. Rules for your type of business You may have other responsibilities depending on what your business does. Check if you need: There are also rules you must follow if you: Where you work
Top tips for setting up your own business | MoneySupermarket Published: 20 October 2011 Topic: News,Money,Business Finance Rising unemployment is prompting increasing numbers of people to go it alone and set up their own businesses. Latest figures show that unemployment in the UK has now reached a 17-year high, with the number of people out of work rising by 114,000 to 2.57 million in the three months to August. With many predicting that jobless numbers could rise further, it's little wonder that the number of self-employed people in the UK has now topped four million. However, while being your own boss gives you the flexibility to work when and where you want, there are drawbacks you need to consider before becoming self-employed. These include not having a regular set income, as well as not having paid holidays or access to a company pension scheme into which an employer makes contributions. Work out how you are going to structure your business There are three main ways you can set up your business. Funding your business Set up a business bank account
Scaling up your business | Business Essentials | Strategy | DARE - Because Entrepreneurs Do | Taking your business to the next level requires judicious deployment of capital and human resources even as putting systems and processes in place is a must. Presuming that you are now ready to celebrate three years of your start-up and have a proven business model supported by regular cash-flows and stable revenue cycles, it could be time to take your business to the next level. Often, during the first three years of your journey as an entrepreneur, you might have felt tempted to grow fast in terms of revenue, acquire more customers and hire more people. These are scaling up pangs when you think that you can do more than what you are already doing. Just like you worked on your idea to give it a shape before starting up, you have got to similarly sit down and plan as to how you would grow your business. This also involves putting in place systems and processes that would work despite your presence. As an entrepreneur, you must ponder on some quick questions: Is my business scalable?
Undergraduate » Centre for Enterprise and Entrepreneurship Studies The Centre for Enterprise and Entrepreneurship Studies discovery modules (delivered as part of the University’s Enterprise & Innovation discovery theme1) are designed to help you to enhance many of the non-subject specific, transferrable skills that top employers are seeking in graduates. For example: Organisation & Planning – Adaptability – Team working – Leadership – Communication skills – Networking – Creative thinking – Negotiation – Innovative ideas – Enterprise skills To see how the Enterprise & Innovation modules can link together, download a module map here2. Discovery modules 2016/17 Enterprise, Entrepreneurship and Society Enterprise & Management Within these streams, modules are offered at three levels; please use the menu on the left to see the modules in each level. LUBS modules 2016/17 LUBS1890 Starting Your Own Business19 (Semester 1) At a time when competition for jobs is intense, developing such skills is one way to gain an advantage in the employment market.
How to set up your own company for less than £1,000 By Andy Yates, HuddlebuyUPDATED: 16:43 GMT, 11 January 2012 This is Money has teamed up with Huddlebuy.co.uk, Europe’s largest group buying site for entrepreneurs and businesses, to launch a great new weekly column. Each week we give you exclusive top tips and share secret savings. So if you are involved in a business, if you are an entrepreneur or would-be entrepreneur, a start-up, a home worker or consultant…read on and start saving money right away. This week we are looking at how to set up a fully fledged business for less than £1,000. Going online: Getting a website address is pretty cheap now The challenge is on – how to set up a fully fledged business for less than £1,000! We have all dreamt at one time or another of owning and growing our own business. I banged on about this so much to the Huddlebuy team they threw down the gauntlet – and challenged me to prove I could set up a fully fledged business for less than £1,000. 1. 2. Getting a website address is pretty cheap now. 3. 4.
Scalable Business Models When a business model has the potential to generate growth in revenues significantly faster than its cost base, the business model is scalable. As growing revenues increases the operating margin, scalable business models have the potential for earning very high profits. The key to scalable business models is to have small Costs Of Goods Sold (COGS), and to get a demand driving revenues up. Cost Of Goods SoldCOGS is the cost for each product or service, plus additional costs necessary to get the product into inventory and ready for sale, including shipping and handling, and is a variable cost associated with each unit sold. A less scalable business modelWhen selling services per hour growth in revenues totally rely on personal output of staff, and there is a linear relationship between revenues and cost base. Selling SoftwareA common example of a scalable business model is selling software. Designing a scalable business model is one thing...
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