Thursday, January 6, 2011

Online Banking Business –a risk free transaction…

Online banking, also called as Internet Banking, is the activity that has been carried on between the bank and the client, speeding the activities of bank and gives you the opportunity to use banking services from your home, or from your place of work. There is efficiency in banking services online.

You have been provided with distinct user name and a password in order to access your account online. It helps you to conduct online transactions. In the world of today’s busiest life, every individual needs this facility in order to save time of visiting at a bank place. Many important banks extend this facility to clients. In spite of the popularity of this banking, it is hazardous as well, as there are still some security matters which can be dangerous for people who are fresh to this method of banking. Suppose you forget to log out after your transactions, or use insecure lines to access your account, you may be leaving room for unauthorized people to access your account and misuse it. So, it’s your duty to keep on changing your password, quite often.

In spite of getting much popularized, most of the people are still cautious about their online transactions through internet banking. Such people might have used online service4s for loans, but when it comes in terms of money, they still feel insecure and quite uncomfortable to use online banking services, and chose to prefer the banking methods which their grandfathers pursued. But still, this system has failed to revolutionize the banking methods, it has certainty reduced queues and time consuming processes.

Several reputed banks have attracted its clients to switch on to this mode of banking by offering fully secured, functional systems and that’s even free of cost. The virtual banks that exist only on the internet can extend a great amount of services.

Some banks pass on the money saved on overheads, to the online clients as higher yields in interest, or service fees reduced drastically. While these virtual banks equal the traditional banks in every other respect, such as ATMs, they are at a disadvantage.

Online banking has several advantages, as it is very convenient, fast, effective and efficient but it still lacks the trust of most of the people. Taking into consideration the different perceptions of different individuals, most banks have now started offering online banking services and a viable option to their clients like live customer support and online tutorials so that the clients could handle it in a better way.

Internet Banking will continue to capture the imagination of people, and will live with us. On our part, we should use this efficiently, save effort and time.

The online incorporation has become intrinsically linked to fast track business banking for clients who are starting or running their own new small business. The Barclays Business Bank Account has become a renowned leader in this area.

Barclays offer everything that a customer would expect from a leading high street bank – a business debit car, cheque book, online and telephone banking and even free banking for at least a year.

Your Limited Company, a leading UK company formation agent, has been appointed as a Barclays Approved new business partner. Through this unique agreement with Barclays Bank PLC, Your Limited Company offers a fast track account opening process.

http://yourlimitedcompany.co.uk/

Essentiality of professionally designed website in web world…

For any business, a website has a significant effect on the perception of its visitors regarding the product that it deals with, and it’s an only thing that decides the users’ navigation to another website.

The essential purpose of a website is to portray an online face of the business concerned and generate new channels for the same. It is really very important for any businesses to invest in professional websites that can expand their customer base. And it has been created understanding the requirement of the targeted customers and their expectations can serve to guide the process of creating a professional website design.

With the help of professional web designers, you should make sure that your website should well be consistent with your brand and business, as it also reflects your brand identity and reflect the corporate image of your business. This does not mean the designs have to be complex. Web designers can transform simple aspects and integrate them in a way that will be visually appealing, reflecting proper image of your brand and corporate.

Website becomes appealing when it is well-designed with the proper accumulation of professionally designed logos, colors, images and graphics. Website content with proper space in between should be evident from the entire appearance of the site.

Along the professional website design various goals such as search engine optimization, animation and content management can be achieved with the use of a professional company design. Professional web designers can transform simple aspects and integrate them in a way that’s based on the requirements and objectives of their clients and proceed to develop these designs into functional system, making it visually appealing.

Professionally designed website ensures a guarantee of quality development solutions that have been transformed into reality through a competently designed website. A well-designed website proves to be a professional, customized and cost-effective one.

Your Limited Company, a Leading online company formation agent in the UK, provides a limited company forming and registration services to their customers. It also provides their customers with a professional web design and other additional services.

It offers their customers three packages, namely Bronze, Silver and Gold. It also provides its customers with web services such as web design, business banking and business insurance.

Friday, December 10, 2010

Benefits of incorporating business…

The formation of new corporation/company is simply called an ‘Incorporation’. A company is a legal entity that is effectively recognized as a person under the law; it could be a business, a non-profit organization, sports club or a government of a new city or town.

Legal benefits of business incorporation -

Personal assets protection - The most important legal benefit of business incorporation is that it safeguards the personal assets of the owners against the claims of creditors and lawsuits. In a corporation, however, stockholders, directors and officers typically are not liable for their company's debts and obligations as they are limited in liability to the amount they have invested in the company, for instance, if £100 in shares was purchased, no more than £100 can be lost. Corporations and Limited Liability Companies (LLCs) may hold personal assets like real estate, cars or boats. If one is personally involved in a lawsuit or bankruptcy, these assets may be protected. A creditor of the owner of a corporation or LLC cannot seize the assets of the company; however, they can seize their ownership shares in the corporation, as that is considered a personal asset.

Transferable ownership- In corporation or LLC, ownership is easily transferable to others, either in whole or in part.

Retirement funds- Retirement funds and qualified retirements plans, such as a 401(k), may be established more easily.

Taxation- The Company is being considered as a separate entity from its owner who runs or operates it; hence the taxation is also being separately calculated for both individuals. For instance, in the United Kingdom, companies are taxed at a lower rate than individuals. Also, they can own shares in other companies and receive dividends. There are no limits on the amount of losses a company may carry forward to subsequent tax years.

Raising funds through the share selling- Capital from investors can be raised for companies easily through the sale of stock.

Durability - A company is capable of continuing indefinitely. Its existence is not affected by the death of shareholders, directors, or officers of the company.

Credit Rating - Regardless of an owner's personal credit scores, companies acquire their own credit rating, and build a separate credit history by applying for and using corporate credit.

Your Limited Company is a Leading online company formation agent in the UK, which provides limited company formation and registration services to its customers. It also provides its customers with other additional services. The direct interface with the Companies House provides a speedy and efficient company registration service.

Through Your Limited Company’s direct link with the Companies House, customers are provided with an easy-to-use tool for same day limited company set-ups.

It offers its customers three packages, namely Bronze, Silver and Gold. It also provides its customers with web services such as web design, business banking and business insurance.

Formation of a limited company online…

Process of incorporating a business is nothing but a ‘Company Formation’, and it is also referred as ‘Company Registration’ sometimes. Under the company law enacted, the company has a separate legal entity to the people who own or operate it.

Today everything is going electronic, so why should this sector stay behind? The majority of UK companies are formed electronically on the same day. Companies can be created by individuals, specialized agents, solicitors or accountants. Many solicitors and accountants subcontract incorporation out to specialized company formation agents. Most agents offer company formation packages for less than £100, but it does not include the cost of witnessing documents or preparation of memorandum & articles of association for the company which would usually be carried out by a solicitor or accountant. Forming a company via the paper filing method can take up to 4 weeks.

E-Company Set-Up -

You can set up a company electronically using your own resources, but it is advisable to use a specialist formation agent as you need to decide on the following:

-The company’s set-up – whether it is to be a private or public company limited by shares or private company limited by guarantee.

-Company’s purpose and its capital requirements

-Availability of proposed company name and its acceptability

Process of Company Incorporation-

In order to form a new company, the Companies Act 2006 has set out the exact required documentation, which is different from the requirements of the previously 1985 Act. An application is made on Form IN01 to form a company, which is to be accompanied with a Memorandum of Association, the Articles and the correct registration fee.

Incorporating companies as limited by shares (private or public) must complete a statement of capital and initial shareholdings as part of the formation documentation, and the statement of capital is a new document. It is a snapshot of a limited company’s issued share capital at a given time. It is also needs to be provided in various other circumstances, including as part of the application to incorporate and with each annual return.

Your Limited Company is a Leading online company formation agent in the UK, which provides limited company forming and registration services to their customers. It also provides their customers with other additional services. The direct interface with the Companies House provides a speedy and efficient company registration service.

With the help of a direct link with Companies House, customers have been provided with an easy-to-use tool for same day limited company set-ups.

It offers their customers three packages, namely Bronze, Silver and Gold. It also provides its customers with web services such as web design, business banking and business insurance.

Friday, October 15, 2010

Fast Track Business banking online-

The online incorporation of companies has become intrinsically linked to fast track business banking for clients who are starting or running their own new small business. The Barclays Business Bank Account has become a renowned leader in this area.

Barclays offer everything that a customer would expect from a leading high street bank – a business debit car, cheque book, online and telephone banking and even free banking for at least a year.

Your Limited Company, a leading UK company formation agent, has been appointed as a Barclays Approved new business partner. Through this unique agreement with Barclays Bank PLC, Your Limited Company offers a fast track account opening process.

Features -

  • Your application will be channelled through the Barclays automated fast track process

  • Up to 2 years free banking for Start-up businesses (minimum of 12 months)

  • Dedicated Local Business Manager

  • 24/7 award winning banking support

  • Online, Telephone & branch based banking

  • Access to a network of local experts & specialists

  • Free seminars, workshops and business skills training

  • A unique award winning credit management service to help prevent and reduce the risk of late payment and bad debt

  • 2GB free of data backup storage to protect business critical data

  • Subsidised Payroll services

  • Savings of up to £2,000 on the market leading essential business software applications and services including Sage & QuickBooks and business compliance services.

The way it works-

After your company has successfully been accepted and registered by Companies House, your contact details will be referred to a Barclays Local Business Manager at a branch close to your business premises in less than 24 hours.

The Local Business Manager will then contact you no later than 48 hours after receiving your details to welcome you to Barclays, discuss your needs and arrange a suitable time to meet up and open your new business account.

This process has been designed to ensure that the customers receive a first class priority service.


http://yourlimitedcompany.co.uk/

Get your business insured for good -

Business owners need business insurance in order to avoid the risk for their new company and their investments and valuate assets, especially if it is a small business, because there are numerous factors that can ruin the enterprise and turn all of your effort into nothing overnight. Business itself in essence is connected to a lot of risk, but when a small business uses loans and credits for day-to-day operations, any financial loss no matter what causes it may be devastating both for the business and the individual behind it.

Concerning all the risk involved, it is evident that your business need a professional business insurance. Small business owners need special protection for their enterprise that poses special risk (six key domains): property, liability, worker compensation, autos, theft, and capital. There are other domains such as errors and omission that require additional security as well.

Understanding the need of small entrepreneurs, Insurance companies offer so many insurance for small and medium businesses on the market these days. There are so many factors that may influence the choice of insurance for a businesses and local business condition is just one of them.

In order to get the perfect and best policy for the small business enterprises, it is recommended to follow these simple tips that will assure your enterprise with the right coverage it really requires:
  • Business insurance policies are designed with the goal to have your business insured against the particular risk and protect your funds i.e. they have to cover up against a wide set of risks.

  • Risk, it’s an unpredictable word that can put you out of business for good in no time in case you don’t have the necessary coverage. In order to protect your business from those unpredictable and unexpected damages, it provides you the financial protection.

  • Most businesses need special type of insurance in order to keep them protected against customer lawsuits arising from errors and omissions. Error & Omissions (E&O) business coverage is particularly useful to enterprises dealing with clients on a regular basis by providing business insurance services or producing goods.

  • There are special business owner policies for those enterprises, which need extensive coverage against a very wide range of risks and perils. It provides protection against virtually all types of risks. Pay attention to exclusions, they may matter as well when you face an insurance situation.

  • It’s always would be beneficial to evaluate the amount of coverage that your business needs for each type of risk. It's not wise to have maximum amounts from the cost point of view as such policy will have hefty premiums.

  • Also, make sure to compare offers from different insurance providers as it often turns out that different companies have different rates for the same amount of insurance coverage.

These tips will help you to find you the best insurance deal for your company set-up that will have perfect protection against different against different risks for a reasonable price.


http://yourlimitedcompany.co.uk/

Online UK Company Formation-

Company Formation Online-

The Company formation is the process of incorporation that is used in the UK, and it is also referred to as company registration. Under UK law and often in international law, a company or a corporation is considered to be a separate entity to the people who own or operate the business.

In the UK, companies can be formed online often within a few hours, and with a guaranteed same-day formation if specified by the requester. The companies can be created by individuals, specialized agents, solicitors or accountants. Most of the company formation agents offer company formation packages for less than £100, the cost of carrying out paper filing directly with Companies House is £20, as it does not include the cost of witnessing documents or preparation of memorandum & articles of association for the company which would usually be carried out by a solicitor or accountant. Forming a company via the paper filing method can take up to 4 weeks.

Electronic Company Formation–

Electronic company documents - the key difference from the paper process is that there is no paper form (IN01, previously Form 12) or other requirement for a physical statutory declaration. With the use of electronic company formation, this significantly speeds the process, and Companies House’s processing of an electronic company takes only a few hours.

The electronic process can be accessed using compatible software that works with the Companies House software filing service and an account with Companies House. Company formation agents will often have a direct link with Companies House telling you whether your chosen company name is available. This is known as a name search facility.

Companies House maintains on their website a list of company formation agents that have passed integration testing.

Your Limited Company is a Leading online company formation agent in the UK, which provides limited company forming and registration services to their customers. It also provides their customers with other additional services The direct interface with the Companies House provides a speedy and efficient company registration service.

With the help of a direct link with Companies House, customers have been provided with an easy-to-use tool for same day limited company set-ups.

It offers their customers three packages, namely Bronze, Silver and Gold. It also provides its customers with web services such as web design, business banking and business insurance.

The ethos of Your Limited Company is to ensure that their service is of the highest quality, yet competitively priced.

http://yourlimitedcompany.co.uk/