Ryan Patrick

As a business owner, you are responsible for ensuring that the health and safety of your employees and other stakeholders of your company is preserved. With that, you must provide effective management practices to help protect the health, safety and well-being of the people. More so, there are a lot

Starting a side business while working a full-time job is helpful in a lot of ways. While some individuals set up a side business to boost their financial income and stability, others do it to explore new opportunities, get a new skill and improve their creativity. Beginning a new business

Apart from the director, another important officer of the company responsible for maintaining the smooth running of the day-to-day activities of the company is the company secretary. Secretaries within the company are responsible for carrying out administrative tasks, ensuring effective communication among shareholders and directors, complying with the requirements of

As so many companies move their business activities to the online world, the demand for video content is increasing more than ever before. So with that, many individuals are venturing into the video production world to meet these needs. If you are wondering how you can start a video production

Whether you are a new startup company or you are looking forward to expanding your business, a company bank account is what you will need. While a company bank account could offer your organization a lot of benefits, it is important that you choose the right one to enjoy these

Small business owners, like any other business, must pay various taxes, such as goods and services tax (GST), income tax, corporate tax, and capital gains tax. Unlike some other taxes, capital gains tax doesn't come up as frequently. It's only applicable when a business sells off

A Scottish company is a company that was incorporated at the Companies House in Edinburgh and has a registered office address in Scotland in the UK. You can also create an English and Welsh company by incorporating a company at Companies House in Cardiff in the UK and the registered

Etsy is an online ecommerce platform that allows artists and craftsmen to sell the goods they make. This platform helps these artists to maintain their online store with no need to create a physical store for their goods. As an artist, consider setting up an Etsy store, either to sell

After the successful registration of a company, there are certain procedures you also have to go through to make your company start trading activities. Ranging from registering for taxes, receiving your UTR number and making sure your company has adhered to every rule of Companies House. Once your company registration

Employing an apprentice offers a valuable opportunity to discover and train fresh talent, enhance the skills of current staff, and cultivate a capable workforce for your company's specific requirements. An apprenticeship represents a form of paid job training that relates hands-on experience with academic study aimed at achieving

Shareholders are important members of a limited company. During incorporation, every limited company must provide at least one shareholder before the company can be incorporated by the Companies House. After incorporation of the company, there may be a need to add shareholders in the company as well as remove shareholders

Employing new staff means your company is growing and improving but even as easy as it is, the paperwork can be a little hectic. As an employer, it is very important to keep track of your employees and all their taxes as long as they work with you and when

Starting a business is a very great way of starting a business with a low income. This is a good idea for entrepreneurs who are looking to start businesses and they do not know how to go about it. They just have to get their little capital available for branding

Private Limited Companies within the UK issue shares to shareholders. When new shares are offered by a company or when there are transfer of shares, existing company shareholders have some certain right over these shares. Usually, the current shareholders of the company have the opportunity to take the new shares

A confirmation statement (Form CS01) is filed at Companies House by all UK-registered companies, including the dormant entities. It's a significant document summarising a company's core features like the registered office address and director's information. Form CS01 was introduced on June 30, 2016, replacing

A debenture is an unsecured debt instrument or bond, meaning no collateral is needed for the funding. Debentures raise funds from the public or lending institutions, and the borrower promises to pay back the loan, including periodic interest rates, as agreed. Since a debenture has no collateral, an agreement displaying

Shareholders (stockholders) are the individuals who own a company through shares. Each shareholder buys the shares they can afford in a company, owning a portion of the business. Depending on the size of a business, there can be multiple shareholders who own a company. When shareholders come together to run

After registering a limited company in any of the three UK jurisdictions, the company remains registered at Companies House as long as it exists. This means that you can keep the country where the business is registered, but there are workarounds to move (migrate) the business overseas. As a company

From March 4 2024, Companies House requires all UK-registered companies and incorporated partnerships to provide a Registered Email Address (REA). The information is provided when setting up a new company during the incorporation process. Existing companies must provide an appropriate email address in their following confirmation statement on March 5.

Company policies are rules and regulations that help run a business. With clear policies in place, employees and the employer benefit since everyone knows their rights and expectations in a company. Policies help set behavioural and performance standards that help make the work environment safe for everyone. Every company must

When filing for company formation, you can get some information wrong or make mistakes occasionally. Some of the most popular errors happen when filing director(s) details like names and date of birth. Once you realise you've made such mistakes or typos, is it important to fix them,

YES, you can borrow money from your limited company. A director can borrow money from their limited company from time to time. However, you must keep accurate and up-to-date records of such transactions in a director's loan account. Regardless of how much money you want to borrow, it&

Are you looking for side gigs for men that will fit your interests and skill set and increase your income as well? No need to search further. Discovering the ideal side work can be a rewarding and profitable endeavour, providing an opportunity to pursue new interests or deepen current ones.

You might be thinking about what kind of business you can start with £50,000 if you recently got rich and want to leave the 9–5 job. There are plenty of good possibilities for various types of people out there, and the majority of the time it comes down

The tales of entrepreneurs who began with nothing and worked their way up are educational and inspirational in the realm of business. These stories not only depict the classic “rags to riches” tale, but they also impart important lessons about tenacity, resourcefulness, and foresight. In this blog post,  Incorpuk explores