What is a Sole proprietorship

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work ‘alone’—it is possible for the sole trader […]

7 Ways To Adapt Your Business for Social Distancing

In this post, we’re going to talk about seven tactics you could use in your business to promote social distancing. In the wake of COVID-19 crisis, social distancing has been the primary strategy for avoiding exposure, and you want to create a safe environment for yourself, your employees and your customers. Educate your customers and […]

Private Limited Company – An Overview

A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited […]

What Does an Accountant Do For a Small Business?

What does an accountant do? Many people might have no idea of what an accountant does. This article is designed to provide a basic definition of what an accountant does. To be a good accountant, you will need to be able to do a few things. You will need to know how to keep accurate […]

Company Limited By Guarantee And Its Uses

In British and Irish company law a company limited by guarantee LBG is an alternative type of corporation used primarily for nonprofit organizations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders but instead has members who act as guarantors. The guarantors give an undertaking to […]