For as long as possible, the city of Birmingham has been associated with big businesses in Britain. Being the core of the industrial revolution and the birthplace of well-known establishments like Lloyd’s Bank and Cadbury’s, it is a city with a history in almost all notable sectors of business in the country. In recent times,…
Despite the pros and cons of Brexit, the UK remains a viable, business-friendly environment to invest, trade, and expand. Note that the UK boasts of a mature, high-spending consumer market and an open, liberal economy, world-class talent, and a business-friendly regulatory environment. Have it in mind that the language, legal system, funding environment, time zone,…
No industry survives without regulations and if there is any industry or business that needs regulations, then online businesses or the eCommerce industry must be on the list. The truth is that regulation is particularly important in combatting commercial fraud, the sale of counterfeit goods, and promoting consumer confidence in transacting online whilst giving sellers…
If you run a small business in the United Kingdom, one of the ways you can position your business for growth and continue to expand your customer base is to subscribe to a loyalty software application that suits your industry. Loyalty software apps help your business gain insights into the who, what, when, where, and…
Although student visa holders are prohibited from starting a business or undertaking business-related activities in the UK, to start a business as an international student, you can apply to switch to a UK Start-up visa while in the UK. The application should be made while your current student visa is still valid. The bottom line…
If you run a small business in the United Kingdom, one of the ways you can position your business for growth is to subscribe to a software application that suits your business and industry. To choose the best HR software for your small business, you need to be sure that it will meet all your…
London, the capital and the largest city in the United Kingdom remains one of the best destinations in the entire Europe. According to some quarters, it is a little piece of heaven with a little piece of something for everyone interested in great gastronomy, architecture, art, history, shopping, nightlife, and sightseeing, and more. According to…
Today, customers have learned to leverage review websites to check the legality of a new company they intend to acquire goods or services from for the first time. This avenue can provide valuable information for customers willing to invest time and effort in investigating a company more thoroughly. One of the problems corporations face while…
Yes, there are available government-funded loans for small businesses in the United Kingdom. Aside from the vast range of options available, you can also find UK government-funded loans meant specifically for businesses in certain industries or community groups. Just as with any other place, small businesses in the UK need a source of funding to…
Truth be told, business signage is essential for making a valid impression on your customers. Note that your signage could even be the reason they know that your store exists and the more reason why they are there in the first place. Almost every shop, factory, and commercial property will have some sort of signage…
A cooperative which is also known as a co-op is a business that is mutually owned by a group of people and democratically operated by and for the benefit of its members. It is safe to say that a cooperative is formed when a group of people who share the same value and business principles…
If you live in the United Kingdom and are wondering if it is possible to start a business in the United States while still staying in the UK, the good news is that indeed, you can start a business in the United States from the United Kingdom. Interestingly, non-residents can own a business in the…
In the same way that there are different types of taxpayers, there are also different types of businesses, and this will dictate your eligibility to claim a tax refund in the UK. Can UK Businesses Claim Tax Refund? Yes. Same as with individuals, businesses in the UK can claim a tax refund when they have…
London is without a doubt one of the leading global business hubs. Of the $3.98 trillion daily global turnovers, as measured in 2009, trading in London accounted for around $1.85 trillion, or 46.7 percent of the total. In 2009, the city of London accounted for 2.4 percent of UK GDP. The pound sterling, the currency…
Political factors are those critical decisions and laws governments make that can impact a business by making the market environment more or less convenient for that business. Without doubts, governments tend to have so much power over businesses, and most often, there is really nothing these businesses can do to limit that power, and with…
Buying a business in the UK is, without doubt, a quick and convenient way to start a business instead of starting from scratch. However, you will have to invest time and resources into finding a business that perfectly suits your business goals. There are numerous things to take into consideration when seeking to buy an…
Yes, grants are available at the national, state, and local council level for sole traders in United Kingdom as long as they meet the government’s growth criteria. State-level grants are more or less available for traders that meet the State’s development agenda. This could be regional development, focus on a particular industry, job creation, or…
The UK remains one of the largest economies on earth. It is the sixth richest country in terms of GDP with one of the highest wealth per capita of all the economic superpowers. With a very stable economic system, well-oiled legal structure, and a vast consumer market, every entrepreneur dreams of starting up a UK…
The harsh reality is that very few businesses last forever and there may come a time when you may need to consider dissolving your limited company. There are a whole host of reasons why you may be considering this option; your business may have been successful but has now served its purpose, or maybe it…
Finding the most tax efficient way of closing a company is very necessary if you are to extract the highest value from it. It is imperative to know that there are procedures and tax reliefs available that can help you achieve your goals. Note that you can even close a limited company without paying tax…
The question of how long a subcontractor can work for the same company in the United Kingdom has a surprisingly simple answer. There is no maximum time limit. If a subcontractor and a company are both happy to continue working with each other, then that is perfectly fine. What is a Subcontractor in UK? A…
The GDPR regulation of May 25th, 2018 provided much-needed improvements to the Data Protection Act (DPA) of 1998 and 2018. For quite some time, it was believed by many to be long overdue since the DPA 1998 was no longer considered fit for the purpose for which it was originally designed. “The guidelines under the…
First and foremost, the UK boasts of having the highest VAT registration threshold in the EU and OECD. According to government figures, the £85,000 threshold means around 3.55 million small businesses avoid having to be VAT registered. Businesses that are registered for VAT can apply for VAT deregistration, if their annual turnover falls below the…
Unfortunately, the answer to this question isn’t as straightforward as you might think. The way in which it makes the most sense for you to take money out of your company may not be the same for another business. Consideration must be given to many factors, including the personal federal and provincial/territorial tax rates where…
Working nights is a common part of the modern business world, with at least 12 percent of the British workforce in such roles. Within the last five years, there’s been a 150,000 increase, the Trades Union Congress confirms. ‘Night’ is more or less the period between 11.00 pm and 6.00 am. You can agree with…
Do you want to start a business in UK? If YES, here are 20 best cities in UK with lots of opportunities for you to start a business as a foreigner. Most people believe London to be the only place of note in Great Britain worth investing or starting a business. It is not very…
Do you want to invest in real estate in UK? If YES, here are 20 best cities in UK with lots of opportunities to buy investment rental property. For the best part of the last 20 years, buying investment properties have been on the rise in the UK. But even with this encouraging growth, investment…
Is your bad credit score a turn-off to lenders in UK? If YES, here are 23 best sources of unsecured small business loans with no personal guarantee in UK and their interest rate. If you run a small business in the United Kingdom, you might not find easy access loans from the bank, but in…