Feel the Force - Become a Business Jedi

 If you are looking to develop and grow (as a person in business) then this could be a good read……   Most of you will know that I have a select number of people that provide me with guidance and inspiration. These are people that would easily be in the “Top 20” and some edging towards the “Top 1%”.  They are not my friends or my family… they are specific to helping me manage and grow the business and with life in general.   I don’t listen to a lot of the rubbish that I hear from many people in business or people who sit on side lines (they don’t even run a business) and tell you what you should and shouldn’t do.   I certainly don’t absorb myself in the sh** and negative stuff that gets put on Social media. Who do you take inspiration from and who do you listen to…? Apart from your partner. 😉 Running your own business is tough, and more than anything it can be mentally challenging. And it is made harder as a lot of people dwell on the negative things a...

 I have been asked on many occasions what is the difference between running your business as a Sole Trader versus a Limited Company...? In this article I set out some of the advantages and some disadvantages to give you a good idea, however I must caveat that I am not providing formal advice in this article and I am sure you can appreciate that the law does change over time and therefore you should seek proper legal advice before you decide which route you take. In our network today I would say that 75% are sole traders and 25% are limited company although there are more choosing Limited Company than previously. The Advantages Limited Liability separates your Personal Finances from your Business Finances.  This is one of the biggest reasons that people choose this route. As a sole trader the business is "you" and therefore should a customer have a claim against you (for loss, damages or similar) then a claim is against you personally and you would be required to settle the cl...