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Bright Ideas Trust
Bright Ideas Trust (BIT) is a registered charity A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a ch ... founded in 2007 by Richard Morris as a social enterprise vehicle for Tim Campbell. BIT was established to help disadvantaged people aged 16 to 30 build their own businesses. It went on to be awarded $1,000,000 by the Bank of America - one of the largest single donations to be given to a UK charity. BIT was launched by David Cameron when he was Leader of the Opposition and later by Boris Johnson when he was Mayor of London. Richard Morris went on to found the armed forces charity Heropreneurs. Target group The charity was established to encourage young people from disadvantaged backgrounds to get involved in enterprise. Bright Ideas Trust provides end-to-end business start-up suppor ...
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Registered Charity
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a char ...
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Tim Campbell (businessman)
Timothy Campbell is an English businessman best known as the winner of the first series of the British version of ''The Apprentice'', a BBC TV reality show in which contestants then battled to win a £100,000-a-year job working for businessman Alan Sugar. Campbell, a Middlesex University graduate in psychology, worked as a Senior Planner within the Strategy and Service Development (formally Marketing and Planning) directorate of London Underground before applying to appear on the show. ''The Apprentice'' Campbell appeared as a contestant in series 1 of ''The Apprentice'' in February 2005 and was hired by Sir Alan Sugar in the final episode, screened in May 2005. Campbell was project manager for his team twice in the show: in weeks 1 and 4. An hour-long documentary about Campbell's first year in his new job, entitled ''The Apprentice: Tim in the Firing Line'', was aired on 19 February 2006, a few days before the launch of series 2. Campbell replaced Claude Littner as Lord Suga ...
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Business Education In The United Kingdom
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and ...
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Charities Based In London
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a chari ...
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