Dropshipping has become more popular than ever and is now a sizeable part of the e-commerce landscape. As of 2023, around 23% of all online sales are fulfilled via dropshipping, and this figure is set to grow because it is one of the quickest and easiest ways to start a business. Whether you’re looking to… Continue reading What Is Dropshipping? A Guide to Starting a Successful Online Business
Category: Business Startup
What is an SME? Everything You Need to Know before Starting a UK Business
If you’re starting a business in the UK, your company will likely be an SME. According to The Federation of Small Business, there were 5.5 million small or medium-sized businesses in the UK in 2022, accounting for 99% of UK businesses. But SME is one of those acronyms you often hear and might not know… Continue reading What is an SME? Everything You Need to Know before Starting a UK Business
The Ultimate Guide to UK Business Structures
No one ever said starting a business was easy, but making the right decisions at the outset can make it a much easier process. If you’re considering starting a business in the UK, one of the first things you’ll need to decide is which business structure to adopt. Choosing the right business structure is an… Continue reading The Ultimate Guide to UK Business Structures
The Complete Guide to Setting up an Online Business UK
Thinking about setting up an online business in the UK? There’s never been a better time to do it. While Covid-19 caused mass business closures, it also gave people the opportunity to start an online business while stuck at home. In fact, 85,000 online companies started during lockdown. But if you’re looking to set up… Continue reading The Complete Guide to Setting up an Online Business UK
Business Partnerships: A Guide to the Different Types
Those entrepreneurs who would like a business partner to share the load often form a partnership. However, the meaning of a partnership has changed as people have added more features to what this special relationship stands for. There are several different types of partnerships, all with various features. We’ve listed them here so you can… Continue reading Business Partnerships: A Guide to the Different Types
How to Fund a Startup in the UK: A Beginner’s Guide
Starting your own company can be a daunting but rewarding process. While a great business plan is crucial for founders, financing is one of the most important elements a company needs to succeed. Finding funding can be the hardest part of getting your business off the ground but also the most rewarding. With over 600,000… Continue reading How to Fund a Startup in the UK: A Beginner’s Guide
How to Register a Company to Buy a Property: An Easy Guide
If you are a contractor, business owner or independent professional operating via a limited company, you may have considered buying a property through your business. The biggest trend in the property market in recent years is the huge and sudden shift in people buying properties within companies. It used to be the case that only… Continue reading How to Register a Company to Buy a Property: An Easy Guide
A Guide to Starting a Business While Working Full Time
Millions of people in the UK have plans to start their own small business — 3.2 million, to be exact. That’s 10% of the country’s working population; a big chunk of the current employment crop. The problem is, most individuals can’t quit their full-time job and start a business. According to BalanceSMB, it takes anywhere… Continue reading A Guide to Starting a Business While Working Full Time
How to Set up and Register for PAYE as an Employer
As an employer, you are required to meet and manage a number of different financial obligations, and PAYE is no exception. It is crucial that, as a business with employees, you register for PAYE before establishing payroll. But why? What is PAYE and how do you register for it? Before You Register for PAYE: The… Continue reading How to Set up and Register for PAYE as an Employer
10 Questions to Ask Before You Start a Business
10 Questions to Ask Before You Start a Business Before you start a business, it’s vital to know whether you have a scalable and sustainable business idea. Answer the following 10 questions to help you decide whether your current business idea is worth launching. It goes without saying, but issues such as obtaining a domain… Continue reading 10 Questions to Ask Before You Start a Business