So, you’ve done the hard part. You’ve wrangled the receipts, filed your Self-Assessment (or your accountant has ;), and you’re looking at the final number. Phew. Now comes the big question: do you pay your personal tax bill right away, or do you hold onto your cash until that 31st January deadline is breathing down […]

The Step-by-Step Guide to Selling Your Business The moment you first think “maybe I should sell this business” can feel both exciting and terrifying. Exciting because it represents the ultimate validation of everything you have built. Terrifying because the process feels like navigating uncharted territory without a map.   The truth is, selling a business […]

In the labyrinth of tax regulations, the trading allowance emerges as a beacon of simplicity for small business owners and side-hustle enthusiasts. Let’s look at this provision and see how it can benefit you.   So what is the Trading Allowance? Think of the trading allowance as a tax-free threshold. Launched in April 2017, it […]

You have built something incredible. Your business is thriving, you have reached that lifestyle stage where things feel more manageable, and now you are starting to think about what comes next. Whether that is five years away or fifteen, one thing is certain: the tax implications of how you exit your business will have a […]

Okay, it’s October, the leaves are turning, and the festive menus are officially out! That means we can finally talk about Christmas without anyone complaining it’s too early. As a business owner, the pressure is on to book that perfect Christmas do before all the good spots are taken. But before you put down a […]

It’ll come as no surprise that here at PPF, Dragons’ Den is a big part of our TV consumption, and, as a business owner / entrepreneur, it’s probably in yours too!  Do you ever find yourself daydreaming a little … imagining yourself coming up that elevator, giving the pitch of your LIFE, getting 5 incredible […]

You have built something incredible. Your business is thriving, your team is solid, and you are finally feeling like a proper business owner rather than someone just doing a very expensive job. But now comes one of the biggest strategic decisions you will ever make: are you building a lifestyle business or building to sell? […]

You didn’t start your business to be an accountant! You DON’T need to know it all. So don’t beat yourself up about the fact that you don’t know it all, or feel that you need to spend all hours of the day and night researching and finding things out!   You DON’T need to know […]

Most business owners live in a fantasy when it comes to their company’s value. They look at their annual revenue, multiply it by some number they heard at a networking event, and convince themselves that is what someone would pay for their business. The reality is far more complex and often far less flattering. Your […]