The No BS Newsflash! ???
A Bi-Weekly update on all things business planning, financials and social media marketing.

The No BS Newsflash! ???

Hi!

It is the start of another new week and we have our top tips ready for you all!

But first...updates!

The biggest update is we have a new website!!?

That is the final piece to the Elevey puzzle ?? - Check it out here


In other news,?Brady Snr is now a BITA Surrey board member! We are spreading our wings and exploring new ventures in other counties, so watch out!?

The next BITA Surrey event is;

??24th November?

??The Cricketers Green, Woking?

We are also sponsoring the Kent Networking & Distillery Tour?too!


Brady Jnr on the other hand still needs you! ??

She is looking for a handful of business owners to Elevey their social media using Facebook and Instagram Ads.?

If you want to find out more send her a DM with 'Elevey' ??


P.S. If you are thinking about your business plan for next year, we have a great 6-step method to build a business plan. Send us a message with BP 101 if you want to find out more! ??


Joe Parker mentioned three important areas to consider about your business, in one of our recent business planning 101 sessions:


Directors/owners?

Don’t forget it’s your business!?

Make sure that your thinking of your needs and putting your hard earned profit to work. You may be taking a salary and/or dividends, but maybe aren’t making pension contributions. Pension contributions can be an alternative way to extract profit from the business.

Based on the slides he went through, you can potentially pay up to £60,000 gross per tax year into a pension (subject to appropriate rules) in the 23/24 tax year.?

Potential benefits may include…

Corporation tax - £0 (a saving of between 19-25%)

Income tax - £0 (a saving of up to 45% depending on your income tax band)

Dividend tax - £0 (a savings of up to 39.35% depending on your income tax band)

Potential growth on pension due to investment returns

At retirement you?can take 25% of pension tax free, 75% subject to potential income tax?

Your Company?

When was the last time you considered who are the most important people in your business? What if they were to die or suffer a serious illness? What’s your back up plan? It’s important to consider back up plans like relevant life, key person and succession planning i.e. shareholder protection, to help try and make sure your business is safe for generations to come.

Your Staff?

Could your business fall apart if your valuable staff leave? Financial advice and well being is vital for your workforce, so having a financial adviser offering support could be valuable. But also, thinking of other employee perks like enhanced pension contributions, death in service and private medical cover could also be an important factor. Believe it or not it’s not all about the salary!

If you didn’t get a chance to join the course the other week, Joe’s details are below:

Tel - 07540 086324

Email - [email protected]

Website - https://linktr.ee/jparkermcmillanwealth


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Don't miss out on any more Elevey news!

Find out how to #keepupwiththebradys Here


Do you want everyone nearby to know about you?

Picture of Instagram Feed


Social media is on our side!

Instagram is currently testing a 'Nearby' story feature. This would allow us as users to see stories from other users and businesses who are near us.?

Platforms such as TikTok are already trialling it.?

This could be a huge way for local businesses to share about their business with those around them and those coming into the area.?

Could this be the boost we all need and keep on the message of buying locally and working with those locally too??

Although there are no major updates yet officially from Instagram this could be a really exciting way to integrate online and the real world.?

My big question would be, how will this change tourism and how we research, where to go, what to buy and what to eat in our surrounding areas??

I will keep you updated!

For now, keep tagging your location on posts and stories!


I know what you are thinking...

"I need to Elevey my business!"

It has never been easier!

Message Sally Brady to explode your business profits through planning and visibility in your numbers.

Message Georgia Brady if you would like to Elevey your social media and introduce your business to a whole new audience.



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