First, the excellent news. Working your personal firm will be thrilling.
Now for the catch – it can be difficult. When you’ve set your self up, there’s loads to consider, not least of all conserving firm data up-to-date and ensuring filings are made on time.
In keeping with our latest official statistics, the variety of new corporations continued to rise throughout 2020, with 201,820 new incorporations seen between October and December 2020. And a complete register dimension of 4,674,672 corporations by the tip of December 2020.
What does this imply? Though the broader results stay unclear, it seems that the social and financial upheaval attributable to coronavirus (COVID-19) doesn’t seem to have put individuals off forming corporations. Quite the opposite, in reality.
The chances are a lot of these new corporations could have been arrange by individuals with little or no prior expertise of operating an organization. Perhaps they are going to nonetheless be within the ‘excited’ stage, not but having stopped to consider the nuts and bolts of operating a enterprise and authorized requirements similar to annual filings.
With that in thoughts, we’ve launched a new series of bite-sized webinars to supply assist and steerage to each new and current firm administrators.
In addition to offering details about on-line submitting, together with different useful instruments and companies which might be obtainable by means of Corporations Home, these webinars – which final about half-an-hour with time for questions – additionally clarify the authorized roles and duties that include being a director.
Two of those webinars (an outline of administrators’ duties, adopted by methods to file on-line) have already taken place, with a whole lot of people that registered prematurely attending in real-time. For those who missed both of them, you possibly can watch a recording of the live presentations at a time that fits you.
The response to each has, to date, been universally optimistic.
The third webinar, beginning at 10.30am on Wednesday 14 April, is being staged collectively with the Insolvency Service and can deal with the topic of what a director ought to do if they believe that an organization is bancrupt.
The fourth webinar, on Wednesday 21 April at 10.30am, can be being held collectively, this time with the Intellectual Property Office, and can take a look at ‘What’s mental property?’ – explaining the variations between IP rights and methods to defend them for your online business.
Then, on Wednesday 28 April additionally beginning at 10.30am, a fifth and ultimate webinar held in affiliation with the federal government’s Business Support Helpline will present solutions to among the most ceaselessly requested questions which have come up all through the sequence.
Collectively, these 5 bite-sized webinars are a part of our ongoing marketing campaign geared toward serving to you to turn into a greater director. In addition to these, our directors’ toolkit contains some helpful hyperlinks and digital instruments that will help you perceive extra about your position and duties as an organization director.