Lim Wan Er

As a business owner, having your own space to run your business can be an exciting thought. However, renting your own office space is a huge decision, and one that requires much consideration and planning before implementation.

Choosing between closing your company for good and making it dormant is a huge decision to make. Before taking that step, get to know what the consequences are for each decision. We’re here to help.

When you start an online business, you will definitely require a platform like Shopify for you to perform basic business operations. This article helps you to see which Shopify plan is best for the stage of the business you’re at.

For business owners who own and run an online store, you probably already know that invoices must be sent to your customers for the services you provide or the goods you sell, as a form of purchase proof.

If you’re setting up a company in the UK, one of the first steps to get your business up and running is to choose a name for your company. A company’s name and logo determines how your potential customers and partners view your company.

In a UK company, shares are often transferred from one shareholder to another. Depending on your business model and how you wish to proceed, you may want to issue, allocate, or transfer shares.

We bring you through what kind of directors there are, who can become a company director, a director’s duties and what the role entails.

A company's financial year-end is usually determined by its tax year-end, which runs from 6 April to 5 April of the following year. You do not have to use a specific year-end date. The date of your business year-end is up to you.

Your main goal of opening a company in the UK should be to make profits, and depending on your corporate goals you may choose different ways to extract your financial earnings. One way is to distribute your profits to shareholders, also referred to as paying out dividends.