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Business grants - myth and reality in 2008

Business grants – myth and reality in 2008

This is an update to an earlier post on the same topic. Our basic position hasn’t changed: Remember: grants to small businesses are relatively rare in the UK, usually have strings attached and are unlikely to give you 100 per cent of the money. Customers are the real people who [...]

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Tax bill for selling small businesses clarified

UPDATE: Since more than half of the respondents to a recent mini poll on PRIME’s client-support site www.primebusinessclub.com expect to sell their business this story directly affects many older entrepreneurs. See Can business sale realistically finance people’s retirement? on this site. Controversial new rules on Capital Gains Tax that will [...]

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Tax bill for selling your business clarified

Controversial new rules on Capital Gains Tax that will affect anyone planning to sell a small business have finally been clarified.  Tax will be levied on asset sales up a value of £1 million at the rate of 10 per cent, rather than the 18 per cent originally mooted. The higher rate will apply [...]

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Report calls for more jobs for the over 50s

Report calls for more jobs for the over 50s

PRIME and its sister charity PRIME-Cymru have jointly published a report into improving the employment prospects of the over 50s. “It is worth putting real money behind a drive to re-employ economically inactive over-50s”, says the report’s lead author Christopher Smallwood. “In order to reintroduce them to the workforce, two [...]

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Hundreds of thousands of over 50s want work

Hundreds of thousands of over 50s want work

Some 800,000 people between 50 and state pension age are currently inactive but want to work, according to a new report commissioned by PRIME and written by leading economist Christopher Smallwood. The majority of new businesses are created by people in their forties and fifties – indeed business owners aged [...]

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Mature entrepreneurs come of age

Mature entrepreneurs come of age

Three stories of older entrepeneurs are now on the BBC web site. All set up businesses in their fifties and sixties. Myreen Young, an aromatherapist from Southampton, launched her own range of skin-care cosmetics at the age of 54. Two years later it appears to be going strong, with 30 [...]

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Liz Friedrich, Garden Designer

Liz Friedrich, Garden Designer

“After the contract for the job I was doing ended I suddenly found myself retired at 59. A quick look at my bank balance convinced me I couldn’t stop working completely – and anyway I just didn’t feel old enough.” Liz Friedrich, now 63, whose garden design business is profiled [...]

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How this web site was created

An up-to-date list of the technology used to put to put this web together is given on the Site credits page. We are not using complicated or expensive tools. If you are interested in building your own site it is getting increasingly easy. You can get a free web site to experiment [...]

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Free PRIME guide to working for yourself

Free PRIME guide to working for yourself

The printed paper version of “Working for YOURSELF – a practical guide to sales, marketing and preparing a business plan for people aged over 50″ is now available. You can still download the guide as a PDF, but if you would prefer a paper copy just email us your details [...]

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