Issues to consider when running your own business.
Bribery Act 2010
The Bribery Act 2010 introduced a new offence of ‘failure of commercial organisations to prevent bribery’. The defence against this offence is to ensure that your business has adequate procedures in place to prevent bribery.
Company secretarial duties
Certain information about a company must be publicly available including, for example, the company’s annual accounts, registered office address and details of directors, company secretary (if there is one) and members. Providing and updating this information has historically been the job of the company secretary.
Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are.
Franchising is becoming increasingly popular. There is some advantages and disadvantages of franchising and points to consider when considering operating as a franchise.
Grants are sums of money awarded, by the government or other organisations, for a specific project or purpose. Generally the amount is not repayable.
Preparing for your accountant
Whether we are producing your accounts or carrying out tax compliance work, being prepared for us will ensure our work is carried out smoothly and efficiently and with the minimum disruption to yourselves.
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