Companies House is the UK’s registrar of companies, making it the official ‘one-stop-shop’ for managing company information. Want to turn your business into a separate legal entity? Companies House is the body that creates your new company and adds it to the register. It’s where you submit your annual confirmation statement and information relating to… Continue reading What Is Companies House & Why Is It Important?
Author: Rajesh Velayuthasamy
The 9 Best Business Bank Accounts in the UK
Whether you’re an experienced business owner or are just starting, opening a business bank account can be incredibly beneficial. Keeping your personal and business finances separate will make managing your tax liabilities much easier and will help you keep track of comings and goings. However, starting a business can be a busy time, and the… Continue reading The 9 Best Business Bank Accounts in the UK
How to Become Self-Employed: Step-By-Step Guide
The self-employed industry is booming. As of July 2023, there were around 4.24 million sole traders in the UK, which makes up a significant portion of the small business market. It’s easy to see why self-employment is so alluring, as it comes with a whole host of benefits. You can choose your own working hours,… Continue reading How to Become Self-Employed: Step-By-Step Guide
Small Business Logo Design: How to Design the Perfect Logo for Your Company
When starting a small business, getting branding right is incredibly important. Branding demonstrates business culture and provides potential customers with insight into your company before they ever interact with it. Great branding also makes your business recognisable and memorable. Good branding is essential if you want to succeed. Your company logo is a crucial element… Continue reading Small Business Logo Design: How to Design the Perfect Logo for Your Company
A Complete Guide to Forming a Business Partnership
If you’re considering forming a business, you probably have a lot on your to-do list. You’ve got to make sure your business idea is concrete, create a solid business plan and come up with a memorable name. Luckily, if you’re considering starting a business with someone else, you won’t have to do it all alone. … Continue reading A Complete Guide to Forming a Business Partnership
Company Accounting 101: A Quick Guide to Business Finances
If you own a business or are just starting one, knowing some accounting basics is crucial. You don’t need to know the nitty-gritty details of everything related to business accounting, but you do need to have some basic knowledge on the subject. This process can seem daunting, but accounting is simply a part of your… Continue reading Company Accounting 101: A Quick Guide to Business Finances
What Is a Holding Company? Everything You Need to Know
In the business world, some terms and phrases can confuse even the most seasoned business people. One term that can cause a bit of confusion is “holding company”. While the concept of a parent company isn’t too difficult to grasp, understanding the nuts and bolts of how they work is a bit of a different… Continue reading What Is a Holding Company? Everything You Need to Know
How to Start a UK Business as a Foreigner
Are you a foreign national wanting to start business activities within the UK? We’ve got good news for you; it’s not as difficult as you might think. The UK is one of the largest economies on Earth. It’s the sixth richest country in terms of GDP, with one of the highest wealth per capita of… Continue reading How to Start a UK Business as a Foreigner
How Does VAT Work? A Simple Explanation for Entrepreneurs
Many financial phrases might seem a little alien to business newcomers. From dividends to Corporation tax, there are many different terms you’ll have to become familiar with when you first register a company and set up your business. Amongst a myriad of perplexing terms, you’ll find one that sounds very familiar: VAT. VAT is not… Continue reading How Does VAT Work? A Simple Explanation for Entrepreneurs
The Advantages and Disadvantages of Voluntary VAT Registration
There’s a lot to think about when you’re running your own business or considering starting your own business. You need a solid business idea and plan. You need to secure financing and ensure that your marketing gets your product or services in front of potential customers. But one of the big things you’ll need to… Continue reading The Advantages and Disadvantages of Voluntary VAT Registration