Setting up a business in the UK can be done in a number of ways, but all of them require registration of some sort to be legally recognised by the government.
However, before registering your company, you must decide on a business structure.
If two or more people want to join forces but don't want to set up a limited company, a partnership offers a great alternative. This article discusses the different types of partnerships and outlines the benefits to help you decide the next step for your business.
Business proposals are invaluable, persuasive sales documents designed to help win additional contracts, secure vital funding, and form new business partnerships.
A perfectly-crafted business proposal can often mean the difference between winning or losing a deal. However, writing a winning business proposal can be intimidating, even for the most experienced business owners.
In this article, we outline the basic structure of a business proposal so you can begin writing your own.
Value Added Tax (VAT) is a crucial component of the UK's taxation system, impacting businesses of all sizes. Comprehending the do's and don'ts of VAT is essential for UK businesses to navigate the complexities, ensure compliance, and minimize potential risks. In this blog, we will explore key principles and provide practical tips to help you understand and adhere to VAT regulations here in the United Kingdom.
Starting a business group can be an effective way to collaborate with other like-minded business owners and help you grow your own. Business groups can provide a range of benefits such as networking opportunities, access to resources and knowledge sharing. This article will outline the steps involved in forming a business group in the UK.
If you're starting a business, forming a Limited Liability Company (Limited company) can be a great option to protect your personal assets and establish credibility. Here's a step-by-step guide on how to get a Limited company for your business in the UK:
Being a sole trader is the easiest way to start your own business, you are accountable for yourself and solely responsible for making decisions. One thing to consider is whether your business requires VAT, your decision will affect both your business and customers or clients.
A business strategy takes research, critical thinking and setting targets. It provides the objectives and direction for your company, helping to achieve growth, security and a competitive advantage.
Bringing an idea to life can be tough, it’s a big step which is why many people put it off and wait for the ideal time to launch. There are two ways to approach this, the first is following the statistics.
Running a business isn’t for everyone, roughly 33% of small businesses fail in the first two years and around 50% during the first five years.
The best way to make sure your business is a success is to know what the risks are and prepare for them. So, what are the reasons that businesses can fail?
* All timescales are dependent on how busy Companies House/HMRC are and if their system is operating normally.
* All prices are plus VAT
* See terms and conditions regarding release of codes