Under the Data Protection Act 1998 (DPA) you must: use personal information fairly and lawfully; collect only the information necessary for a specific purpose(s); ensure it is relevant, accurate and up to date; only hold as much as you need, and only for as long as...
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Power up your business with a Virtual Non-Executive Director
The benefits of Non-Executive Directors are well understood by many successful business owners. They bring an independent view and additional experience that enable better decisions to be made by the management board. Our Home Counties and London Group Business...
My business is driven by technology – can I claim R&D Tax Credits?
Maybe you are creating apps or adapting existing software for cloud delivery (SaaS), or creating tools to make sense of big data, or using CNC machines to mill complex parts, or developing wearable tech or designing new medical devices …… the list is endless. Whatever...
Forensic Accounting
Forensic Accounting is a branch of accounting that describes the work of an accountant who investigates and reports on the financial activities of a business or individual with the aim of producing information for the settlement of disputes. Forensic means “suitable...
6 Important Technological Considerations For A Start-Up
1. Watch the cash! Obviously, for a start-up, this goes well beyond spending money on technology, but it’s important to keep it in mind when choosing software. Where possible, invest in systems that allow you to pay monthly with no tie-in. Even if you feel that your...
Impending Employment Law Changes for 2017
As MDs think about the New Year or start planning for the next financial year there are a number of forthcoming employment law changes that may affect you and your business. Gender Pay Gap True this applies only to large employers (employing over 250 employees) but it...
How To Turn A Hobby Into A Business Process
How do you take a hobby or interest and turn it into a business? In this blog, I’d like to share a simple but effective process I use with my clients to take their hobby or interest and turn it into a viable business plan. This process can be used for any start up...
Setting up a Company in the UK
This is a brief guide aimed mainly at overseas businesses wishing to set up in the UK. However much of it is also relevant to someone already in the UK who wishes to start a business. Overview The UK is one of the most business friendly countries in the...
What Data Should You Measure For Improved Business Performance?
Almost any conversation that you have with a business owner will involve a discussion about the current business progress: “How many orders do you process each week?” “What was the turnover for the last month or quarter?” Most business owners will be able to answer...