Monthly Archives: May 2019

Hot Business News Today

What are the best business bank accounts in the UK?

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Originally written by Partner Content on Small Business
Having the right bank account is integral to running your small business.

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UK Finance has teamed up with UK banking providers to pull together some guidelines on what you need before you apply for a business bank account.
These rules only apply to existing businesses that have a turnover of less than £6.5 million, have a clearly-defined ownership structure and all of the business’ owners operate in the UK.
In general, UK Finance recommends that you get the following bits of documentation ready in advance. Most business current account providers will be looking a few key pieces of information.
One document to prove your identity:

Your full and valid UK or foreign passport
Your national identity photocard
Your full UK paper driving licence
Your full UK or foreign photocard driving licence as issued by a member state of the EU or the EEA

One document to prove your address in the UK:

Your full UK

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Hot Business News Today

Funding my business led to stress-related alopecia – podcast

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Originally written by Anna Jordan on Small Business
Welcome back to Small Business Snippets, the podcast from SmallBusiness.co.uk
In this episode, Anna Jordan chats to Helena Murphy, co-founder of investment consultancy, Raising Partners. She explains how funding a previous business led to losing her hair, her tips for managing stress and common misconceptions around raising funds.
Be sure to visit SmallBusiness.co.uk for more articles around funding, stress management and social media as a business owner.
While you’re there, remember to like us on Facebook @SmallBusinessExperts and follow us on Twitter @smallbusinessuk, all lower case.
You can listen to it here:
Helena Murphy: Funding my business led to stress-related alopecia
We’ve also got podcast episodes looking at:

One entrepreneur’s first professional public speaking engagement
Adapting to UK life and learning English before starting a business
Securing seed funding
Finding the perfect head of customer care
Reaching a £1 million annual rate of return
Boosting client numbers from 30 to 850
Starting a brand new business from scratch

To find out more about Small Business Snippets, you can also download the trailer.
If you want to listen to the podcast elsewhere, it’s available on iTunes, Google Play, SoundCloud and Spotify.
Funding my business led to stress-related alopecia – podcast

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Hot Business News Today

6 easy steps to planning a project within a small business

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Originally written by Timothy Adler on Small Business
Project planning typically has the image of being the realm of large organisations with multiple departments coming together for a year or more to deliver goals.
However, being able to plan projects in small businesses can be pivotal to business success.
Managing projects in smaller businesses involves dealing with a unique set of challenges compared to larger organisations. For one, you usually need to work within limited resources and staff, yet still be able to pull it off.
Project managers need to stay on top of every facet of the project to hit your goals on time without going over budget. Once your organisation gets to a certain size, the temptation to just wing it isn’t an option.
Let’s take a closer look then, at how to go about planning a project within a small business, starting with the importance of project management methodology.
Do you need project management methodology?
Project management methodology will guide the direction of the entire project, the key roles for each person involved, and the information which needs to be shared with everyone.
With the right methodology, you can:

Give your team strict and consistent guidelines that everyone should adhere to from start to finish
Measure every

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