Finance & Tax
Build Personal Credit Records as a Family
There are numerous ways in which owning a family business can be beneficial to you as an individual, not least financially, if you know how to make the most...
Business Expenses and the Home Office
When you're working hard all year to keep your business going and try to make it successful, it often seems unfair that you should have to pay so much busine...
Establishing Capital Without Demand on Share Dividends
If you want your family business to enjoy security, one of the most important things you should do during its early years is to build up capital. But to shar...
Explaining Difficult Financial Decisions to Shareholders
If you are to be successful in business, you'll have to make some hard decisions. Sometimes these will include decisions that your shareholders don't underst...
How to Franchise a Family Business
Business expansion can be a natural consequence of a successful enterprise. For a family business one of the most cost effective ways of business expansion i...
How to Make full use of your Family's Tax Allowances
Many families pay more tax than they have to because one person works whilst their spouse stays at home, wasting a personal tax allowance. When you're runnin...
Joint Investments and Family Businesses
Many people's first experience of formally managing finances within the family comes from joint bank accounts. When you take out an account like this, it's c...
Managing Profits and Re-investment
Perhaps the most important park of making any business work is knowing how to manage your money when you make it. In a family business there can be particula...
Protecting Domestic Finances from the Family Business
Protecting Domestic Finances From The Family Business One of the dangers of running a family business is that it can be all too easy to find domestic finance...
Working out Family Wages
Working out who's going to earn what in a small business is always difficult, but it's still more complicated if yours is a family business. Even when it com...