General Blogs

General Blogs

Do you need a business bank account as a sole trader?

Everyone has financial and tax responsibilities, but it is not required to run their business finances through a dedicated business account. A personal bank account can be used...

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General Blogs, Bank Account

SWIFT International Payment Network

Instead of transferring funds, the SWIFT network delivers payment orders among different banks using SWIFT codes. It provides a network through which 10,000 financial institu...

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General Blogs

How to get a Unique address in the UK?

A Unique address in the UK is the official physical address of a company in the UK which no other company has. This address has been provided to Companies House, which is the UK...

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General Blogs

How to get a UK PayPal Account?

The steps to get a UK PayPal Account: Open a UK business bank account: To open a UK business bank account, you must have a UK director in your company. Get a UK Pay...

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General Blogs

Top 5 ways to Advertise your Business

International businesses focus on innovative ways to advertise their products and services. You must have full knowledge about your industry and its products and services to gra...

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General Blogs

Custom Paypal Button: Setup & Integration Guide

A PayPal generic button can be added to your website to give it an attractive look. Add PayPal custom buttons to make your button look a little different to match the design of ...

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General Blogs

UK Tax on Foreign Dividends

If you are a citizen of the UK, you must pay UK income tax on foreign dividends from overseas shares. How are dividends taxed in the UK? If you have your shares in a foreign...

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General Blogs

How to Set up Direct Debit for your Customers?

You can accept direct debits only when you receive regular payments from your customers. There are several advantages of using direct debits for your customers as well as your ...

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General Blogs

Top 3 Online Business Ideas in the UK

Ecommerce Business Ecommerce is a rapidly expanding business that is used to sell products and services online. It also supports online transactions. You can sell homemade goo...

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General Blogs

How to monetise a website?

If you already have a website to sell your products and services, you can monetise your online presence and use it as your new business. Are you a good content writer and look...

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General Blogs

Stripe Affiliate Program: How does it work?

Stripe is a popular online payment processor, used by millions of entrepreneurs in over 120 countries, including several well-known brands. Stripe also provides a huge partner ...

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General Blogs

Co-operative Bank Business Account

A Co-operative Bank can provide you with several business accounts for different types of businesses. This includes nonprofit and community businesses. If your bank gives import...

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General Blogs

Do you need a Joint / Partnership Business Account?

As a co-owner of a partnership, you will have to maintain a long to-do list in the first few months. You might be considering whether to open a dedicated business account for yo...

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General Blogs

Order Management Software for UK Companies

Having efficient order management software for your retail and e-commerce businesses is an essential part of your business. It can save you time and money, as well as increase y...

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General Blogs

How to buy a business for sale?

If you are planning to buy a business, you must know which sector you are interested in. Also, you must know if you only want to buy a new company or to expand an existing busin...

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General Blogs

How does Shopify work in the UK?

If you are planning to start an e-commerce business to sell your products or services, you can use an online platform like Shopify to create and manage your store easily. Steps...

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General Blogs

US Nominee Director

The US Nominee Director is a person who performs all the duties on behalf of you in your LLC company. But you will have full control over your company through the Power of Attor...

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General Blogs

How to get a UK driving licence

Getting a UK driving licence requires a few easy steps: Apply for your licence, Book and pass your theory driving test, and Book and pass your practical driving test. ...

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General Blogs

Stripe International Payments

Stripe is a payment processing platform that supports the online money transfer between a customer's bank account to a merchant’s bank as a payment for goods or services bought ...

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General Blogs

Skrill money transfer: How does it work?

Skrill is an online wallet that allows you to send and receive money within the UK and worldwide. It has a million users as it is an established money transfer service, and its ...

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General Blogs

How to take payments online from clients?

When you sell your product online, you must make sure that your customer can pay you easily. The easier the payment process, the more visitors will visit your website. Also, yo...

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General Blogs

Top 5 Work from Home Jobs in the UK

Nowadays, more people are looking for work from home because of the global coronavirus outbreak. What jobs can you do remotely? Several jobs can be done remotely. You just ...

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General Blogs

How to copyright and trademark a company logo?

After designing an amazing logo for your company, you must copyright it to protect it from using it by other people and companies. You just need to apply the © symbol to your l...

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General Blogs

Difference between trademark and copyright

When you form a new company, you will have to make sure no one else can use your business assets like your logo, marketing slogan, packaging design, or website. The best way yo...

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General Blogs

What is CHAPS Payment?

In the UK, there is one type of payment scheme called CHAPS Payment. CHAPS Payment has its own set of unique features along with some advantages and disadvantages. CHAPS paymen...

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General Blogs

FIRC: Definition and procedure

What is a FIRC? A FIRC stands for Foreign Inward Remittance Certificate that refers to a document that acts as a testimonial that all incoming international transfers ended up ...

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General Blogs

All about SWIFT Payment

Instead of transferring funds, the SWIFT network delivers payment orders between banks using SWIFT codes. It is used to send money overseas fast, accurately, and safely. It pro...

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General Blogs

Definition of e-invoicing

The exchange of an invoice document in an electronic format between a supplier and a buyer is called e-invoicing. For many years, e-invoicing has been a common B2B practice, and...

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General Blogs

Barclays Business Account Charges

table{width:100%; border-collapse: collapse} td{ padding:10px; border:1px solid #ccc; } The charge applied to the businesses that use multiple payment methods is known a...

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General Blogs

How does a payment gateway work?

A Payment gateway is an online payment service that is used by various types of businesses to accept credit card payments from their customers. It is found in eCommerce platform...

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General Blogs

Barclays Business Account: Types and Features

Barclays offers 4 types of business bank accounts for startups as well as growing businesses and social enterprises. These are: Barclays offers 4 types of business bank account...

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General Blogs

How to use Wise with Google Pay?

If you are planning to visit Los Angeles in the U.S., you will need U.S. currency for cash purchases. So you will need a fair amount of U.S. Currency to make the trip successful...

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General Blogs

Best places to exchange currency in Los Angeles

If you are planning to visit Los Angeles in the U.S., you will need U.S. currency for cash purchases. So you will need a fair amount of U.S. Currency to make the trip successful...

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General Blogs

International Prepaid Debit Card

International Prepaid Debit Card An international prepaid debit card is known as a currency card that allows you to load money before travelling abroad and use it as a debit c...

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General Blogs

What is a Virtual Assistant?

What is a Virtual Assistant? A Virtual Assistant refers to an assistant who works remotely to provide various services like attending business calls, arranging meetings, digit...

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General Blogs

What is the minimum wage in the UK?

What is the minimum wage in the UK? Many people dream of living and working in the United Kingdom. There is a legal National Minimum Wage (NMW) as the wages vary hugely in the ...

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General Blogs

Benefits of using TransferWise for International Money Transfer & its fees

Sending money from one currency to another is never going to be free, but when you use TransferWise, the fees become recognizably lower than the charges required while transfer...

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General Blogs

How to transfer money from PayPal to TransferWise? What are its benefits?

PayPal is a famous and easy to use app for making and receiving international payments. However, when it comes to currency conversion costs and exchange rates, PayPal isn't alwa...

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General Blogs

What is the use of IBAN, SWIFT and Sort code?

IBAN An International Bank Account Number (IBAN) of your bank account is required while making an international payment. IBAN is required when you are making a SEPA transf...

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General Blogs

What is a UTR number and how to get it?

A UTR number is your Unique Taxpayer Number assigned by HMRC to each self-assessment taxpayer to track their tax records. Also, it is required while submitting tax returns to HM...

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General Blogs

Quick guide for company setup

UK LTD Company Setup: Legal requirements: A UK registered office address (not a P.O Box address) At least one director and one shareholder Receive postal mail at your regi...

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General Blogs

UTR Number in India | Its uses & importance

A UTR or Unique Transaction Reference number is a reference number for identifying a particular transaction in NEFT, IMPS or RTGS. It is a unique number generated by the bank th...

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General Blogs

Definition of IBAN

The International Bank Account Number is a unique identifier that helps to process payments from banks to persons all over the world automatically. It has all bank account-relat...

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General Blogs

Wise: International money transfer

International money transfer becomes a part of the day to day lifestyle as nowadays more people are moving and travelling abroad. As there are several options available to send ...

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General Blogs

Transfast International Transfer

Transfast is an online money transfer service for individuals and businesses. This service is for the residents of the United States and Canada to send money to more than 50 cou...

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General Blogs

ACH payment: How does it work?

ACH payment stands for automated clearing house payment is a secure online money-transfer system where money is sent from one bank account to another and can be either a credit ...

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General Blogs

Citibank business banking

Citibank, headquartered in New York, is a major consumer bank. It provides small and big businesses with business bank accounts and business solutions. Citibank is well known f...

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General Blogs

What is the UTR Number in India? | Its uses & importance

A UTR or Unique Transaction Reference number is a reference number for identifying a particular transaction in NEFT, IMPS or RTGS. It is a unique number generated by the bank th...

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General Blogs

PayPal payment gateway and its uses

PayPal payment gateway is a financial tool that helps to conduct money transactions online all over the world without entering any financial details into every website you deal ...

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General Blogs

What is PayUmoney?

PayUmoney is a payment gateway service provider in India that aims to create a safe and secure ecosystem to make online payment easy for merchants and customers. PayU provid...

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General Blogs

How to convert a sole trader to a limited company?

The imbalance of tax and disbalance of financial security with different types of self-employed workers and small business owners in the UK leads many people to the benefits of ...

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General Blogs

8 Phases to shape your own limited company

When you have decided to trade with your limited company, you must apply to Companies House. You can apply your application directly, either electronically via the Companies Hou...

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General Blogs

Advantages of Virtual Business address in UK

A virtual business address allows higher efficiency, lower commuting costs and greater flexibility. The virtual offices reduce the overheads and infrastructure costs and make a ...

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General Blogs

Common mistakes in small business startup

It's not always easy to start a business. There are so many things or choices to think about. A poor decision can damage your business success or put you back. There are just a...

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General Blogs

UK Nominee Director Services

The nominee director will be identified on the official records and will have official control over your company. The Nominee Director Agreement must be signed before you appoin...

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General Blogs

What is Limited by Guarantee Company?

A limited by Guarantee company is also referred to as a 'not-for-profit' or 'charitable organization,' this applies to the fact that the parties concerned are not extracting the...

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General Blogs

Top 5 Myths for Company Formation

There are several myths about UK company formation. It is not a difficult task to register a UK company, whether directly using Companies House or with the help of a company for...

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General Blogs

Low-cost business ideas for startups

Several businesses start on a low budget. This may be because you have a desire to start something on the side with your present job that can help you to bring in some extra amo...

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General Blogs

The journey of RTR Supports Limited

We are overjoyed to announce that RTRSupports Limited has completed 7 years of its amazing journey. On this date, RTRSupports limited acquired its desired position in the corpor...

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General Blogs

How to invest in business expansion?

When you have accumulated a good amount of capital you must invest it in your business for its growth. However, before investing in your future business expansion you must consi...

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General Blogs, Company Formation

5 signs that indicate you need business relocation

In small businesses change is not always easy to handle. Being an entrepreneur you always have to analyse and evaluate how you can achieve your business goals. In some situation...

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General Blogs

How to apply for a business visa in the UK?

People who do not reside in the United Kingdom can apply for a Business Visitor visa if they are planning to visit the UK for any business-related purposes. You can apply for a...

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General Blogs, Company Formation

How do you change your business service address?

When you go through the process of company formation to register your company as a limited company, you will be required to provide a business service address to Companies House...

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General Blogs, Company Formation

Business trading address provider - Explained

Your company trading address is referred to as the place from where you operate your business. In the case of a solo entrepreneur or a sole trader working from home, they can re...

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General Blogs

The Significance of Accepting Card Payment

The main objective of the majority of the companies is to make money and offer different payment methods to make sure that any of the prospective customers can make payments for...

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General Blogs

Effective ways to manage company growth

The growth of a company is the most desirable part for all entrepreneurs. However, if you fail to manage it can lead to excess cash flow in the business and other myriad problem...

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General Blogs

How to engage with prospective B2B clients?

In today's digital era undoubtedly 'knowledge is the power'. Whoever has adequate information and knowledge can be highly influential and are experts in their sectors. How can ...

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General Blogs

What are the benefits of starting your own business?

Most people think that running a business is a hectic process and give up before even trying. However, starting a business of your own is not as hard as you might imagine and ha...

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General Blogs

What are UK's Faster Payments?

Faster Payments is a type of electronic payment system launched in 2008 to make faster bank payments instead of three working days. This is referred to as the standard way for c...

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General Blogs

How to get Business DUNS number?

D-U-N-S stands for Data Universal Numbering System and is referred to as a proprietary system, which was developed by Dun & Bradstreet (D&B) back in 1963 to originally help supp...

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General Blogs

What is a Trademark?

Trademarks of the companies are identified as a badge of ownership they have been created. It is shown in the form of a unique image or a label that can be recognised and associ...

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General Blogs

10 important questions to ask for a successful startup

If you have planned to begin a new business then there are several important things you need to take care of to make your startup successful. No matter which stage you are in, y...

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General Blogs

Best tips for starting a home-based business

1. Get your company insured: When you are setting up an in house business it is necessary to check your insurance policy and take out additional cover for any business activity...

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General Blogs, Company Formation

Changing Company's registered office address

The majority of the organisations need to change their office address as their business changes over time. This is mostly done once the company has grown large enough that they ...

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General Blogs

The 3 R's of Outsourcing that must be considered

Being the owner of a small business, you might have thought of outsourcing some elements of your business. There are so many perks of outsourcing that experts in various industr...

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General Blogs

How to begin a business in a competitive sector?

Starting a new venture and making serious money from that requires choosing the right moment to strike. Promoting the new products and services of your business when the interes...

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General Blogs, Company Formation

How to start an offshore business in the UK?

The process of setting up an offshore company in the UK is easier than setting up a company in other offshore entities. Here are the ways you can set up your offshore company i...

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General Blogs, Company Formation

Different types of business structures in the UK

If you have got a great business idea, did your market research along with an appropriate business plan, and you are thinking of setting up a company in the UK, then you need to...

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General Blogs

How to write a business plan if you want to start a new business?

In terms of business development, business owners should play to their ability and strength. There are different ways to start a new business. You should set up your business wi...

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General Blogs, Company Formation

Limited company VS Self-employed business

When starting a business as a sole trader, you are becoming one of the millions of SE sole traders operating in the UK currently. However, even if being the most popular way to ...

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General Blogs, Company Formation

An Effective Guide to Begin Your Own House Sitting Business

You must be thinking if house sitting business is not going to be a viable business and if it is right for you to run. Well, there might be more daily activities and official re...

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General Blogs

International marketing tips for overseas business

Businesses planning to relocate overseas, or to access the international market in the UK can get enormous benefits. However, globalising your business can be a tricky transitio...

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General Blogs

Why do you need to register a company logo?

To gain the attention of your customers, your company has to be completely attractive. You have to assure that consumers will immediately recognize your products and be inclined...

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General Blogs

Five Profitable Small Business Ideas

Many people want to form their own business but might not have an idea to begin the type of business, which they want to start. If you are passionate about starting your own bus...

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General Blogs, Company Formation

Role of the Companies House

Companies House refers to the registry of the UK limited companies, which acts as an executive agency of the Department for Business, Energy and Industrial Strategy. Its main ob...

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General Blogs

What are the tax havens and offshore financial centres?

Tax Haven A tax haven or an offshore corporate tax haven is a nation that offers a foreign individual person and business organization little or next to zero tax liability in a...

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General Blogs

Crowdfunding a Cryptocurrency Exchange

Cryptocurrency exchanges have started to raise money under the SEC's crowdfunding rules. The US crowdfunding law states that the exchange of cryptocurrency helps to increase up ...

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General Blogs, Company Formation

Disqualification of director - meaning and its effect

A director who fails to fulfil his legal requirements, submit annual accounts, pay the company's tax may be disqualified from acting as a director of a company in the UK (as wel...

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General Blogs

Setting up a Start-up: Things you should follow

A Start-up is a young enterprise founded by one or more entrepreneurs to create and market a unique product or service. The traditional startup appears to be a shoestring projec...

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