Business Information

Business Information

What is an offshore company?

An offshore business is one you are establishing or registering in another country outside of where its key investors reside. If you report it outside where its main operations ...

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Business Information

Coronavirus' commercial effects in the world

The year is currently categorized by the coronavirus infection that has killed thousands of people worldwide and affected thousands more. Most businesses take measures against ...

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Business Information

What are the reasons for closing a business? How to Properly Close Your Business?

Here are some reasons for closing a business: Poor Business Plan The reason for many business failures is a poor or inexistent business plan. An effective business pla...

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Economic Operator Registration and Identification (EORI) Number Explained

An economic operator registration and identification (EORI) number is required for all companies and individuals moving goods inside or outside the customs territory of the Euro...

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Marketing Plan vs Marketing Strategy

Do you need a marketing strategy before you create a marketing plan? The terms marketing plan and marketing strategy are two separate elements of your business. Marketing strat...

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How to use Twitter for your business?

Twitter can be an integral part of any marketing strategy to market your business on social media sector (others include Facebook, LinkedIn and Pinterest). Following are some t...

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How to restore a company that has been closed?

A dissolved business is one that has been disbanded and removed from the companies house registry. The business ceases to exist when this happens and no longer able to trade. Ne...

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Appointing and removing a company director

After incorporation, a company director may be appointed at any time. Likewise, a director can resign or replace at any time by members, shareholders or guarantors, at any time,...

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How to Analyze an Advertising Strategy?

Once an advertising plan has been developed and implemented, your work is not done. Marketing is an ongoing process that should be monitoring and reassessing consistently. Set u...

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How to transfer my business to another US state?

Transferring your business to another state is a complicated decision. You have to consider the costs, legal entity charges and the transfer of employees. Transferring a busines...

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What is AML (Anti-money laundering)?

WHAT IS ANTI MONEY LAUNDERING? Anti-money laundering concerns a variety of rules regulation and policies to prevent criminals from disguising illegally acquired funds as legiti...

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5 billionaire entrepreneur who started with nothing

Some people are born into money but the path to riches is a long seemingly impossible one for most of us. We shouldn’t forget however that there are plenty of businessmen out th...

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What is LLC Registered Agent?

A business owner cannot be physically present in each state in which they do business. Therefore he needs a reliable third-party designated to provide any significant legal or t...

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What is EIN (Employer Identification Number)? - Explained

Every company that has employees is required to have an employer ID number (EIN), but you may need an EIN even if you do not have employees, to start your business. It is the So...

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Business Information

What is a Memorandum of Association?

A Memorandum of Association or MOA of a company is defined as a legal document that is drafted during the formation and registration process of limited liability company in orde...

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