If you run your business from a workshop or factory, workshop insurance can cover you for a number of risks you might face.

This could include injury to visitors and members of the public and loss, damage or theft of equipment. 

It also offers protection against legal fees and compensation costs if an employee makes a claim against you, say they’re involved in an accident in the workplace.

This guide explains all you need to know about workshop insurance for your business.

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What is workshop insurance?

Launching a business isn't easy. A heavily saturated market, fierce competition, and increasing expectations for customer satisfaction are just some of the challenges a start-up company can face.  

But the biggest test for an aspiring business owner is to find a product to sell and base their business on. Without the right offering, how can they expect to attract customers and turn over a profit? 

To help you find that gap in the market, our handy guide to choosing a great product or service to sell will walk you through everything you need to know to prepare your business for success.

How to choose a product or service to sell

If you’re looking to start a business, do you know whether you need to register it before you can start trading? Or if you’ve already started up your own business without registering it, is this something you should be considering?

In any case, you’ll need to know exactly who you need to register your business with as well as any rules or guidance that you’ll have to follow.   With the help of our handy guide, we’ll answer all the above and guide you through the process of registering your business.

How to register a business

Whether you’ve just started your business or you’re rapidly expanding, having skilled employees is essential if you want your company to succeed. 

But to get the right candidates into your business, you need to know how to properly advertise a job. And with so much to wrap your head around, knowing all of the key information that you need to include when writing your job advertisement can seem a little overwhelming.

To help you avoid some common mistakes and fully understand what a job listing should include, our handy guide can walk you through everything you need to know.

How to advertise a job at your small business

If you’ve just started your own company, having skilled employees can really help you get your business off the ground. Whether you’re planning to hire your first starter or are rapidly expanding, it’s crucial that you have payroll set up and working properly.

If you don’t set up your payroll properly your employees might not get paid on time 一 or not at all 一 and you could be hit with a fine from HM Revenue and Customs (HMRC).

To help you avoid costly penalties and unhappy staff, our guide to setting up payroll will walk you through everything you need to know - from understanding how to set up the system to managing it correctly to ensure your business can run smoothly.

How to set up and manage payroll

Understanding business expenses and tax breaks can be challenging for business owners. This guide helps you grasp what qualifies as a business expense and how to maximize your tax deductions. A business expense is anything essential to keep your company running, from office supplies to travel costs. These expenses are tax-deductible, reducing the amount of profit subject to tax.

The guide explains the difference between regular business expenses and capital allowances—larger purchases like machinery that benefit the business long-term. It highlights items that can be claimed, such as office supplies, equipment, travel costs, staff salaries, and professional services.

It also clarifies what doesn’t qualify as an allowable expense, like personal commuting or entertaining clients. To claim any tax break, the expense must be "wholly and exclusively" for business use.

In addition, there are special considerations for working from home, travel, and subsistence expenses. For home offices, a portion of utility bills can be claimed if a space is regularly used for business.

For personalized help, business owners can consult accountants or use tools like Bionic to manage their administrative tasks and find better deals on essential services.

How to claim allowances and tax breaks in business

Looking to turn your business idea into a reality? In this episode, we break down everything you need to know about creating a business plan. From understanding what it is and why it’s essential to tips on structuring it effectively, we’ve got you covered.

Discover how a business plan can help you make smarter decisions, communicate your vision, and attract the right investors. We’ll also explore common pitfalls to avoid and share practical advice to ensure your plan stands out. Whether you’re just starting out or aiming to grow, this is your roadmap to success.

Hit play and let’s get started! 🎧

How to write a business plan

Job interviews are key to finding the right fit for a role, but they’re also a two-way conversation. Learn how employers can prepare for interviews, ask the right questions, and conduct a smooth process, while also ensuring candidates have the chance to assess the company. In this guide, discover tips for creating a positive experience and making better hiring decisions.

How to prepare for and conduct an interview

Buying a business means taking over an established company that’s already running, with customers, staff, and cash flow. This process can be easier and safer than starting a new business from scratch. In this guide, discover how to choose the right business, weigh the pros and cons, and understand the steps to buy a business successfully.

How to buy an existing business and make a profit

In this episode, we break down everything you need to know about business audits. What’s involved, who needs one, and how to prepare for it—whether it's your first audit or you're a seasoned pro. Learn about the different types of audits, what auditors do, and the responsibilities of both business owners and auditors. Plus, discover how audits can benefit your business and help with future growth.

What is a business audit and why should you do one?

Compare, switch, and renew business energy, insurance, phone, broadband, and more with Bionic. Our tech-enabled team will help you find the best deals for your business.

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