First, the excellent news. Operating your personal firm might be thrilling.
Now for the catch – it can be difficult. When you’ve set your self up, there’s quite a bit 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 firms 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 firms by the top of December 2020.
What does this imply? Though the broader results stay unclear, it seems that the social and financial upheaval brought on by coronavirus (COVID-19) doesn’t seem to have put individuals off forming firms. Quite the opposite, in actual fact.
The chances are high that lots of these new firms could have been arrange by individuals with little or no prior expertise of operating an organization. Possibly they’ll 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 offer assist and steering to each new and present firm administrators.
In addition to offering details about on-line submitting, together with different useful instruments and providers which can be accessible by means of Firms Home, these webinars – which final about half-an-hour with time for questions – additionally clarify the authorized roles and tasks that include being a director.
Two of those webinars (an summary of administrators’ tasks, adopted by file on-line) have already taken place, with tons of of people that registered prematurely attending in real-time. For those who missed both of them, you may watch a recording of the live presentations at a time that fits you.
The response to each has, to date, been universally constructive.
The third webinar, beginning at 10.30am on Wednesday 14 April, is being staged collectively with the Insolvency Service and can tackle 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 also be being held collectively, this time with the Intellectual Property Office, and can have a look at ‘What’s mental property?’ – explaining the variations between IP rights and defend them for your online business.
Then, on Wednesday 28 April additionally beginning at 10.30am, a fifth and closing webinar held in affiliation with the federal government’s Business Support Helpline will present solutions to a number of the most ceaselessly requested questions which have come up all through the collection.
Collectively, these 5 bite-sized webinars are a part of our ongoing marketing campaign geared toward serving to you to develop into a greater director. In addition to these, our directors’ toolkit contains some helpful hyperlinks and digital instruments that can assist you perceive extra about your position and tasks as an organization director.