Fifty percent of start-up businesses fail in the first year and 95 percent fail within the first five years but despite the economic downturn, the SME market continues to grow.
When should a sole trader business incorporate into a limited company?
When a sole trader decides to change the structure of their business to become a limited company, they take on a number of new legal and accounting responsibilities.
Why do you need a Business Plan for your Start Up?
“A goal without a plan is just a wish.”
― Antoine de Saint-Exupéry
Choosing to start up a new business is both an exciting and challenging endeavour.
It may come as no surprise that a large number of start-up businesses fail due to poor planning.