While chancellor George Osborne may have spent much of his time recently fending off both personal and professional criticism, he has enough to deal with when attempting to manage a decline in UK economic growth. Having recently announced huge downgrades to the nation’s growth outlook and revealed higher levels borrowing, he also courted controversy with a tight and largely polarising budget.
There was good news for small business-owners, however, who have been afforded tax relief and lower corporation charges. This has encouraged many independent entrepreneurs to consider their growth plans for the future, as they look to invest their profits and optimise these for long- term gains.
3 Top tips for investing Business Profits
Investing commercial profits is an endeavour that is fraught with both opportunity and risk, however, so you will need to consider the following tips to protect your venture and make the most of your success: –