Small Business Finance Markets Report 2022

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And you don’t have to reach the levels of PewDiePie or Zoella to earn money from YouTube videos. Just pick a topic that interests you and put together simple guides or reviews. Whether it’s from YouTube ads or the opportunities for sponsored content that come with having a successful channel, there’s some serious money to be made here. Pick a subject you’re passionate about, get blogging and start earning. To set you on your way, we’ve identified some ways to monetise your website. Think about what business ventures might support your future or education.

The same goes for most types of authorised financial services firms. If you want to find out if you’d be eligible for FSCS protection while the firm you’re doing business with is still trading (and hasn’t failed), the firm itself should be able to help. If it can’t, you could seek independent legal or financial advice.

Chances are they’ll accept a fairly low price as it saves them having to go through the hassle of selling it online themselves. From busy workers who are out during the daytime, to families going abroad for a couple of weeks, plenty of people are willing to pay someone to look after their beloved pets. Check out our guide to making money from social media for the full lowdown. If you’re big on Tiktok, Twitter, Facebook or Instagram, you can make money by advertising products for brands.

We generally protect companies’ deposits, regardless of the size of the company. We assess eligibility under the PRA’sDepositor Protection Rules, in particular rule 2.2. Most types of regulated financial services company are not eligible though. We would then assess them, rather than the company, for eligibility. We can only get involved if the firm your company/charity did business with has failed and can’t pay back your money itself. It must also have been authorised by the Financial Conduct Authority or the Prudential Regulation Authority at the time the business was carried out.

Business insurance covers your business from unexpected losses e.g. if your equipment is stolen or you make a mistake and your clients decide to sue. As a business owner, self-employed consultant or a freelancer you need to factor certain risks in your day-to-day work. Depending on your profession you may need public liability insurance, professional indemnity insurance, contents insurance or other types of cover.