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Defining your business purpose.
Simpson Wreford LLP can provide expert help and advice on all aspects of starting a business in the Royal Arsenal area – not only the finance and tax issues…
Having a vision for your business is fundamental. Your vision will inform every strategic decision you make, and you can crystallise this vision in a mission statement.
Ask yourself: where is the business going and what is its purpose? A mission statement allows you to define and articulate the purpose and aims of your organisation, giving staff a focus and direction, and allowing you to assess over time whether your objectives are being met.
Here are the four steps for a successful statement:
If you are a start-up in the Royal Arsenal area and would like some expert advice, contact Simpson Wreford LLP.
03 Oct 2025
The Autumn Budget must sharpen the UK's competitive edge to stay ahead of the pack in an increasingly dog-eat-dog world, says the British Chambers of Commerce (BCC).
02 Oct 2025
Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey conducted by the Institute of Directors (IoD).
01 Oct 2025
The Low Incomes Tax Reform Group (LITRG) is urging taxpayers who cannot manage their tax affairs digitally and are set to begin using Making Tax Digital for Income Tax (MTD for IT) to check whether they are able to claim an exemption.
30 Sep 2025
Research published by the Association of International Retail (AIR) has revealed that the UK is losing out on nearly £2 billion as a result of the scrapping of VAT breaks for tourists.
29 Sep 2025
35% of small and medium-sized enterprises (SMEs) say they are actively using artificial intelligence (AI) technology ? a rise when compared to 2024's figure of 25%.
26 Sep 2025
The British Chambers of Commerce (BCC) has warned that long-term sickness is 'blighting' the UK economy and preventing it from growing.
25 Sep 2025
A report carried out by the Resolution Foundation has found that the scale of Britain's living standards slowdown over the last 20 years is so large that families today would be £20,000 richer if incomes had continued at the rate of growth trending in 2005.
24 Sep 2025
Chancellor Rachel Reeves has been urged to cut National Insurance contributions (NICs) and increase Income Tax to create a 'level playing field' and protect workers' pay.
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