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Dropshipping is not a new concept. However, it is a flourishing concept. In 2023, there are hundreds of dropshipping businesses and whilst it is a competitive market it is still possible to make a great income from dropshipping. In this post, we’re going to take a quick look at what exactly dropshipping is, how dropshipping works
Self Assessments don’t need to be complicated. In fact, with a little forward planning,you can make the Self Assessment season a stroll through the park.
MadeSimple Group and ANNA (Absolutely No Nonsense Admin) Money have announced a partnership to offer a free company registration with a business bank account to support new entrepreneurs. Together, MadeSimple and ANNA are aiming to boost aspiring entrepreneurs by simplifying the company formation process and helping with the costs associated.
What is a company credit report and what it’s used for: What is a company credit report? A company credit report provides financial background information about a company. It covers information such as the company’s ownership, subsidiary companies, financial information, risk scores and any liabilities or bankruptcies. It is also known as a business credit […]
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. In this article we discuss what business […]
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, […]
What Is a Dormant Company? Companies not engaging in business activity or generating revenue through trading are tagged as “dormant” or inactive. However, they must still be registered under Companies House for tracking purposes. Dormancy can take effect from the date of incorporation or after a trading period. Additionally, businesses that have permanently ceased trading […]
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. This type of structure does not have shares or shareholders, as opposed to limited by shares companies. This means that all profits earned by the company […]
What Is a Limited Liability Partnership? Are you considering running your business as a limited liability partnership in the UK? This guide will tell you what you need to know about a limited liability partnership, how it is formed, and its differences from limited companies. A limited liability partnership or LLP is a hybrid business […]
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. This means you can set your salary within certain limits and take advantage of other benefits. However, knowing how to pay yourself from a limited company can be confusing […]
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