New Start's Learning Curve is a weekly 'how to...' feature giving readers practical advice, case studies and good practice. The learning curve is one of the parts of New Start only available to subscribers. You can subscribe to receive New Start in printed or in ezine format every week here.
Below is an excerpt from this week's and previous learning curves
Charitable status offers plenty of enterprise-enhancing goodness to registered social landlords – as long as they don’t burn their fingers. Helen Harvie explains
HM Revenue & Customs (HMRC), the Charity Commission and the Housing Corporation recently issued guidance aimed at registered social landlords (RSLs) in an effort to clarify when their activities are charitable and when they are not.
This question has significant tax implications and the guidance seeks to ensure trustees are aware of any potential tax liabilities and able to mitigate them at the planning stage for new projects.
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The ancient Cornish town of Penryn was first granted borough status in 1236. It thrived as an important port in medieval times, exporting granite and tin, but over the centuries fell into economic decline.
By 2000 a survey of the town revealed that out of 69 potential commercial properties 25% were vacant.
‘The empty buildings, poor maintenance and repair and tatty public realm severely compromised the character of the conservation area and sent out a negative message creating the impression of economic stagnation,’ explains Dr Alyson Cooper, Townscape Heritage Initiative (THI) project manager.
‘Even in a competitive market, this would discourage investment and perpetuate decline.’
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Structured business formats can give budding entrepreneurs in deprived areas a head start, says Clare Noonan
Starting up a new business doesn’t always have to be about going it alone and coming up with a compelling business idea.
Structured business formats (SBFs) such as franchising and direct selling offer those new to self-employment alternative routes to starting up a business, often using tried and tested models.
Training and additional support is also provided by the franchiser or parent company.
SBFs can deliver higher survivability rates and are not subject to the same levels of risk associated with an untested new business venture.
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