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Buy an existing business
Advantages and disadvantages of buying an existing business including how to assess and value it.
Business accounting periods
The balance sheet portrays a business' performance over the financial year or accounting period.
The relationship between balance sheets and profit and loss accounts
How transactions in the profit and loss account can affect balance sheet entries and vice versa.
Existing employees when buying a business
Your legal obligations towards staff already working for the new company.
How to calculate the value of a business
How to find out whether the business you want to buy will be profitable and value for money.
Buying business property
What to consider when buying your own business premises, financial and legal aspects, and when to use a solicitor or surveyor.
Choosing business property
Key issues to consider when choosing the right commercial property for your business needs.
Advantages and disadvantages of buying business property
You should weigh up both pros and cons when considering buying a business property.
Show strong financial performance when selling your business
How to get your business finances in good order and present your accounts in a clear, attractive way.
Renting commercial property
Key factors to consider when choosing to rent property to meet your business demands.
Use your home as a workplace
Tax implications, financial and legal issues, security, and setting up your work area if you plan to work from home.
Profit reporting: how, when and where?
Reporting deadlines, the form to use and who to send it to.
Do all businesses have to produce formal profit and loss accounts?
What types of business have to produce P&L accounts and why they are a good idea for most businesses.
Cost of sales
The base cost of obtaining or creating your product.
Buying commercial property: using a surveyor
A surveyor can help you negotiate insurance and contracts and give you advice on any alterations that may be required.
Buying commercial property: using a solicitor
A solicitor can offer valuable legal advice and support to negotiate a suitable deal when purchasing business property.
Business expenses
Legitimate business expenses for accounting purposes and how to apportion expenses partly for business purposes.
Business angels
How business angels can fund investment in young and growing businesses.
Crowdfunding
What is crowdfunding and how can it be used to finance a business.
Claim loan interest against tax
If you deduct loan interest from your profits you can reduce your business tax bill.