Sole Trader Or Limited Company? Nordens TV
Although the sole trader route, which is commonly referred to as being self employed, is the most popular way of running a business in the UK, there are significant advantages of operating as a limited company. In this video, Mitch Hahn discusses the differences and benefits of being registered as sole trader or limited company. https://www.youtube.com/watch?v=lgyrtJsGUDM Starting up as a sole trader is without doubt the simplest way to start a business in the UK. All you need to do…
Merry Christmas from the Team at Nordens
Merry Christmas from the Team at Nordens. Hard work and fun make the world go around… that’s certainly true at Nordens! As the decade closes, we'd like to take this opportunity to wish you happiness, success and prosperity for 2020. Welcome to a christmas special of nordens tv, what a year it has been for us at Nordens. We have helped more clients than ever achieve their goals, and have raised over 5 million pounds for our client businesses in…
Business Turnaround The 5 Strategies For Success
The business world is full of successful turnaround stories, not least Steve Jobs, Walt Disney and Donald Trump. While there are also countless examples of businesses that failed to recover after a setback, the successful turnaround stories make it clear that, with the right strategy, it’s possible to turn a failing business into a major success. In this video, Mitch Hahn discusses five strategies that can help your business to thrive. Whether you’re going through any cashflow, investment or customer…
VAT For Beginners
A beginner’s guide to VAT Businesses have to register for VAT once they hit the £85k threshold, but did you know that there may be advantages to you registering your business even if your turnover is below that? In this video, Mitch Hahn explains clearly and in great depth everything you need to know about VAT – from when to register and which records you must keep, to different VAT schemes, claiming back vatable costs – and how to avoid…
The SEIS Scheme
Achieve huge tax savings by investing through the SEIS scheme Many small businesses need to raise investment or finance, and the SEIS scheme is a brilliant way to do this. SEIS - otherwise known as the Seed Enterprise Investment scheme - helps small businesses by allowing you to claim tax relief on up to £100,000 invested each year. This means you could receive tax reliefs covering 78% or more of your investment. In this video, Mitch Hahn explains how SEIS…
What Is Inheritance Tax?
Safeguarding your loved ones against paying too much inheritance tax If your estate is worth more than £325,000 when you die, your heirs will have to pay inheritance tax on everything over that amount - but they will pay nothing if your estate totals less than that. Your estate includes your property, savings and any other assets you pass on after debts and funeral expenses have been paid, and the tax rate is 40%. In this video, Mitch Hahn explains…
Preparing Management Accounts
Hi, I’m Mitch Hahn, Partner at Nordens Chartered Accountants. Today I am going to explain what Management Accounting is and how you can use it to help you become more successful. Welcome to Nordens TV! Management accounting is the process of preparing management reports and accounts that provide accurate and timely financial and statistical information to managers to make short- term and long-term decisions. It identifies, measures, analyses, interprets, and communicates information to enable a business to pursue its goals.…
Management Accounting
Management Accounting is the process of preparing reports and accounts that provide accurate and timely financial and statistical information to help you make short-term and long-term decisions that enable your business to pursue its goals. In this video, Mitch Hahn explains exactly what Management Accounting is, and how you can use it to become more successful. Watch it now to find out how you can focus on maximising revenue. Hi, I’m Mitch Hahn, Partner at Nordens Chartered Accountants. Today I…
Why you need a business coach
We’ve been receiving a lot of requests and queries on the topic of business coaching, so in this video from NordensTV, Mitch Hahn explains why coaching is good for you and your business, and how it can help you achieve your goals. We all need dependable resources and expert advice in areas that aren’t our strong suit, and that means working with a business coach. Watch the video to see Mitch share eight ways that can benefit you right now.…
