Flint Bishop

Warwickshire firm Zap Events gets boost from The Business Inspector

Pictured above: Hilary Devey Presenter of Five's The Business Inspector and Gary Martin of Zap Events Hire, incorporating Table Art


A local business in Warwickshire will feature in a new TV series "The Business Inspector" on Wednesday 17 March 2010 at 8pm.

The Business Inspector is a four-part series that will be broadcast weekly on Five. It has been sponsored by HM Revenue & Customs (HMRC). The programme will raise awareness among small businesses that they need to keep good records.

Presenter Hilary Devey said: "When I first met Gary he was doing OK but was lacking commercialism and direction. He has tonnes of enthusiasm and was unsure how to take the next step. I advised him on branding, marketing franchising. I also emphasised the importance of keeping detailed records and paying his taxes and vat on time. Gary has created a great concept with Table Art and with the correct Franchise agreement in place his business will thrive."

Stephen Banyard, Business Customer Unit Director at HMRC, said: "Zap Events Hire got real help and advice - including the need for effective record keeping, marketing and how to set up a franchise for their business Table Art - from Hilary.

"Keeping good records makes good business sense as it gives small businesses the information they need to manage their business and help it grow. It also makes filling tax returns easier and helps SMEs pay the right amount of tax."

Gary Martin of Zap Events Hire, incorporating Table Art, said: "Hilary is a tough cookie but really knows her stuff. Thanks to her we are on the road to recovery. Her advice on marketing and how to set up a franchise for the Table Art side of our business was invaluable."

HMRC's Top tips for keeping good records:

• Set up a reliable system for keeping full and accurate records of your income and expenses from the outset. 

• Keep records throughout the year - update your records regularly, rather than letting the paperwork pile up. 

• Keep your records for a minimum of six years. 

• Keep records to show what you have bought or sold relating to your business. This should include details of all cash transactions as well as invoices and receipts.

• If you are an employer you must keep records of wages paid and details of tax and National Insurance that you have deducted and paid to HMRC.

• Keep bank statements and building society books - this is particularly important if you don't have a separate business account. You should be able to show clearly what you have spent personally and on the business.

 

 

 

Bookmark and Share

Article published by Midlands Business News on 9 March, 2010

Submit your company news and photographs to Midlands Business News via email news@midlandsbusinessnews.co.uk or submit news and events online here.

midlandsbusinessnews.co.uk is an online Midlands business news network and we welcome submissions of your company or business related news articles and event notifications.

 

 

Articles submitted by HMRC:



  • Warwickshire firm Zap Events gets boost from The Business Inspector - click to read
  • Warwickshire firm Zap Events gets boost from The Business Inspector - click to read
  • HMRC Business Support hits £291 million in the East Midlands - click to read
  • In or starting a business? Free advice on offer at Aston Villa Football Club, Birmingham - click to read
  • Search the site

    News Article
    Search



    Faces behind
    the business

    Gillian Davies

    Gillian Davies



    PressVine
    The Maynard Hotel
    Incentive & Motivation
    Klick Solutions Media
    Gourmet life

    Need a Service?

    Search our Midlands
    Business Directory