Knowledge is power, as they say. So, if you’re newly self-employed, you will want to soak up as much as you can about the challenges and advantages of working for yourself before you get into the swing of your new venture.
You’ve set up your company, you’ve got a great team on board with your venture, and you’re ready to hit the ground running. But have you considered how you’re going to keep your IT setup secure?
If you’re planning to launch your own business, there’s no harm in asking for help. There are hundreds of government-run grants available to British entrepreneurs who want to lower their start-up costs, invest in innovation, and achieve much faster growth.
How you decide to structure your new business will have a significant impact on how your venture operates and how much tax you’ll need to pay – not to mention how it is perceived by potential clients. There are three main options: becoming a sole trader, entering a limited liability partnership, or registering a limited company.
Times are tough for many UK companies, not least because rising energy costs are leaving many of us with eye-watering gas and electricity bills. Although the government has brought in temporary support to see organisations through the next few months, the onus is still on us, as business owners, to do everything we can to reduce our energy consumption and keep our overheads to a minimum.
A Brief Guide on Company Registration Numbers From 2021 to 2022 there were 753, 168 company incorporations recorded by Companies House. This was a slight decrease of 7.
You are entitled to various benefits and perks as a limited company director. One of the most valuable perks is being in charge of your salary.
What Is a Limited Liability Partnership? Are you considering running your business as a limited liability partnership in the UK?
What is a Limited by Guarantee Company? Limited by guarantee companies are commonly adopted by nonprofit organisations such as charities, sports associations, community projects, societies, and other similar entities.
What Is a Dormant Company? Companies not engaging in business activity or generating revenue through trading are tagged as “dormant” or inactive.
After incorporating your property business you will be keen to get started and let your properties so that you can get returns on your investments as soon as possible. However, before you embark on your buy to let business, you will need to ensure that you have a suite of legally-compliant contracts that protect you, your properties and your business.
Once you have incorporated your new company you will be keen to get things running as soon as possible. However, before you hit the ground running it is crucial that you source robust contracts to protect you and your business so that it can grow quickly and safely.