Investing in the Goodwill of your business
When you are selling a business, a buyer usually wants to make sure that they can benefit from the “goodwill” that has been created around it. Goodwill is an intangible asset, generally recognised as being “the benefit and advantage of a good name, reputation and connection of a business or the attractive force that brings […]
Abolition of the furnished holiday lettings tax regime
The favourable tax treatment previously given to furnished holiday lets (FHLs) will be abolished from 1 April 2025 for Corporation Tax and 6 April 2025 for Income Tax. Going forwards, income from a FHL will be treated in line with all other property income, in a bid to promote fairness and align tax rules between […]
Using the Apprenticeship Levy to Upskill your Workforce
The Importance of Upskilling Your Workforce: Investing in the Future of Your Business, small, medium or large ! In today’s fast-paced and ever-evolving business landscape, the importance of upskilling your workforce cannot be overstated. As industries transform and new technologies emerge, businesses that prioritize continuous learning and development are better positioned to thrive. Here are […]
The Importance and Benefits of Resilient Leader Behaviours
russell@theresiliencecoach.co.uk As a reminder, my definition of Resilience is “Springing Forward with Learning”. To achieve this, we need to pause, re-energise and reflect. When Leaders are role modeling being a Resilient Leader, then some of their reflections will be about their behaviours. Please remember that behaviours are observable actions… what we (or others) actually do […]
It’s never too early to think about sustainability in your business
What is sustainability? You will probably have heard the word used a lot, but what does it mean? Sustainability is defined as to maintain or support a process over time. However, in 1987, the UN re-defined sustainability as “meeting the needs of the present without compromising the ability of future generations to meet their own […]
Selling to private equity
Many people perceive a sale to PE, as a ruthless affair. However, selling out to private equity groups doesn’t have to mean a predatory transaction. These sales may range from a minority buy-in to a majority buy-out, where the owner retains either a minority or majority stake. Or a complete transfer of ownership, maybe with […]
