In recent years, it’s been tougher for property rental businesses in the UK. Lending criteria has been tightened, regulations have become less generous and rental yields have fallen — but can lessors still have good earning opportunities despite these challenges?
Breaking into the property development industry can be a rewarding enterprise, but you’ll likely face a number of challenges on the way. Aside from being great at selling, developers must excel at marketing, project management, property market analysis, and most importantly, understanding what buyers want and need.
If you’re from outside the UK and are considering setting up a UK company, you may feel daunted by the amount of work involved. Doing it at a distance can seem like an impossible task, but when you break it down, it’s entirely achievable.
You may have heard a lot about digital tax recently, as the government’s ‘Making Tax Digital’ (MTD) initiative ramped up at the start of the new financial year. Eventually, business owners across the UK will be affected by MTD but many are still unsure about what digital tax really means and how it will affect them.
The likes of Foster & Partners and BDP might dominate the industry press, but it’s actually thousands of sole practitioner and boutique studios dotted across the country that form the bedrock of the UK’s architectural profession.
Setting up your own online jewellery shop is very doable, but it does require some homework to ensure you start on the right foot. Beyond making your designs a reality, creating a website and setting up social media accounts, you’ll need to make sure you handle the more formal side of things.
You may know your hydrangeas from your hollyhocks, but how clued up are you on the different company structures open to professional gardeners? If your gardening business is going to flourish, you’ll need to pick the best setup for you, and meet all the business and legal requirements that come with it.
As a wedding caterer, your main goal is likely to make sure the happy couple have a great day, and that everything goes as smoothly as possible. On top of this, though, you’ll face the added challenge of creating a stable, competitive business that earns plenty of custom and does things by the book.
If you’re starting up your own cleaning business, you’ll be spending a lot of time planning it. From equipment hire to insurance, this can be a long-winded and difficult process.
The big question: residential or commercial? When you’re thinking of starting up a cleaning business, this is a decision that all cleaning businesses need to make early on.
Lack of capital is one of the major reasons why startups fail. Some entrepreneurs theorise that raising capital can be a full-time six-month job for CEOs and this leaves bootstrapped startups with very few resources to operate and grow their business in the early stages.
Starting a new business is daunting enough without worrying about your home address appearing on the public register for your company, which it will if you use it as your company’s registered office address. Luckily, we do offer a Registered Office Service that enables you to use our 20-22 Wenlock Road address as the registered office.
You’ve had the dream and taken the plunge to set up a limited company, but what next? First of all, well done on deciding to start your own business - you’ve made a courageous decision in taking the first steps of your business venture!
When forming your limited company you will have noticed the Standard Industrial Classification code (or SIC code), which represents the type of business or industry your business identifies with. This is also part of the information that makes up the Confirmation Statement, the annual filing obligation required by Companies House (the UK’s registrar of companies).
Ah yes, the flamboyant company name. It seemed like a good idea at the time but now you're just not so sure.