• Starting Up

  • Frogs
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• Health & Safety

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• Environment & Energy

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• Customer Care, Quality Control & Food

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• Regulations & Legal

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• Tourism Industry & Suppliers

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• Employing People

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• Marketing & Social Media

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• Training & Research

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• Finance, Funding & Tax

  • Finance & Funding Introduction
  • Insurance
  • Funding & Grants
  • Payment in Foreign Currency
  • Foreign Currency Conversion
  • Accepting Credit Cards
  • Cashflow
  • What is VAT?
  • Self Assessment of Tax
  • National Insurance - Summary
  • Keeping Records for the Inland Revenue (HMRC)
  • Corporation Tax
  • Capital Allowances
  • Business Rates

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• Regions

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Finance, Funding & Tax

The bottom line will ensure the sustainability of your business. You need to think about how you will control cash flow in your business

Are you going to accept credit cards? How will you make it easy for your international customers to pay you in foreign currency?

Insurance is vital consideration for your business and you will need to seek professional advice on the sort of risks you need to consider and cover yourself against.

As you develop your business you may find that you are eligible to apply for funding and grants. They can cover a number of different aspects, e.g. training, marketing and infrastructure development. As your business begins to benefit from the global marketplace you may find yourself needing to accept foreign currency or trying to work out currency conversions, the information here can help.