Category Business

How to Work Out Break Even Point in Business?

how to work out break even point

Understanding how to work out the break-even point in business is crucial for any entrepreneur aiming for profitability. The break-even point is the stage at which a business’s total revenue equals its total costs, resulting in neither profit nor loss.…

What License Do I Need to Start a Cleaning Business?

What License Do I Need to Start a Cleaning Business?

Starting a cleaning business in the UK can be an excellent venture with strong demand across domestic and commercial markets. However, before you begin offering services, it is critical to ensure that you are operating legally. So, what license do…

Can You Be Made Redundant While on Sick Leave?

Can You Be Made Redundant While on Sick Leave

Redundancy is an unfortunate but sometimes necessary aspect of managing a workforce, especially in times of organisational change. However, it becomes significantly more complex when an employee is off work due to illness. One common question employers and employees alike…

What Makes a Contract Legally Binding in the UK?

What Makes a Contract Legally Binding in the UK

Contracts are at the heart of both commercial and personal transactions across the UK. Whether it’s a startup securing a service agreement, a supplier delivering goods, or individuals agreeing on property rental terms, contracts provide the legal foundation for enforcing…

How Long Does Gross Misconduct Stay on Your Record?

How Long Does Gross Misconduct Stay on Your Record?

Facing allegations of gross misconduct at work can be overwhelming and confusing. It raises immediate concerns about your future career prospects and how this incident might impact your professional reputation. Many employees are left wondering just how long such a…

What Happens When You Report Someone to HMRC?

what happens when you report someone to hmrc

Tax evasion is a significant challenge in the UK, with billions in unpaid taxes each year affecting the nation’s ability to fund vital public services. According to HM Revenue and Customs (HMRC), the UK’s tax gap, the difference between the…