Welcome to the LCCS Blog
To run a business effectively you must know and understand your numbers. Here we describe what those numbers are and what you need to know about them.
Too nervous to leave your day job? We tell you all you need to know to successfully make the transition from wage slave making someone else rich to successful entrepreneur.
HOW TO START A BUSINESS: A good business plan will stop you launching a bad business and guide you on the path to turning a good idea into a great business. Learn how.
Done well a budget is a powerful tool that can change your behaviour and put you in control of your finances. We tell you how to do it, and how to stick to it.
Recent IR35 changes have led to some prophesizing the end of contracting. We look at what has actually changed and what you can do to keep your show on the road.
Protect Your Pension (You never know, you may need it one day) - What every company owner needs to know about NICs, qualifying years and state pension.
Blanket 'Inside IR35' determinations have become common. The reality is not that simple and you needn't accept an IR35 status that you don't agree with.
Overdrawn directors loan accounts can be a big problem. But their are easy steps you can take to avoid getting into trouble. Learn why and what to do.
Every director needs to be aware of their fiduciary duties, even with a one person company. Learn your key responsibilities and how to avoid any trouble.
If you've always wanted to run your own company but don't know how to get started it can be extremely daunting. The good news is it doesn't have to be.
In the eyes of the law a limited company is a legal person seperate from its owners or directors. As a director it is vital that you appreciate the distinction.
Providing the information that small company owner directors need in short, easily digestible chunks. Don't be discombobulated with dubious detail!