Forming and running a startup business successfully requires a lot of research, time and effort. Read our blog posts for our latest startup news and advice.
The Companies Act has many safeguards for your protection, and all limited companies are now formed in accordance with its provisions. By law a limited company is a separate legal concern, quite distinct from its shareholders and directors.
Stamping your company name as your own to protect the name from competition is highly important. Unlike a business name or partnership, registration protects your limited companies name. This means by law, no-one else can use it.
A limited company is generally strongly favoured by the taxation regulations. It is subject to tax but its profits are not normally subjected to higher rates of tax - unlike income tax.
When setting up as a limited company (preferably through Paramount Company Formations), you will need to consider shares and how much value is attributed to them.
After having registered your business, the next major decision is to whether or not you should then register for VAT - so you can then charge your customers.
SME insurance provider Superscript recently reported on the most entrepreneurial towns in the UK, and the results may come as a surprise.
Starting your own business requires a lot of thought and planning, and there are many things you need to put in place before you begin trading. One of these things is insurance. Let’s take a look at the insurance you may need for your business.
With many discerning customers looking to change their buying habits, ethical, sustainable and eco-friendly products and business practices have never been more popular or more important. But how do you become a more ethical business and begin to reap the rewards, not just for your company but for the world we live in?
What’s involved in being a consultant, is it the right decision for you, and what steps do you need to take to get there?
Your business may have started small, but for many entrepreneurs, the goal is to go big. So how do you scale up your business successfully while maintaining all the great work you’ve already done?
* All timescales are dependent on how busy Companies House/HMRC are and if their system is operating normally.
* All prices are plus VAT
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