Creating a UK limited company involves several steps, including choosing a company name, registering with Companies House, and establishing a company constitution. FeedbackFans.com takes the pain out of this setting up by managing the process for you.
Limited Liability Protection
One of the key advantages of forming a UK limited company is the protection it offers through limited liability. As a limited company, the personal liability of the company’s shareholders is restricted to the amount they’ve invested. This means that if the company incurs debts or faces legal action, the personal assets of shareholders are protected. This level of security provides peace of mind and financial protection, making it an attractive option for business owners.
Dedicated Business Finances
Operating as a limited company allows you to separate personal and business finances, making financial management simpler and more organized. This separation ensures that your personal assets remain protected and distinct from business transactions. It’s particularly beneficial for small business owners, as it allows for clear financial tracking without needing complex financial management resources.
Potential Tax Advantages
UK limited companies may be eligible for various tax benefits that are not available to sole traders or partnerships. Limited companies are taxed differently and may qualify for deductions and credits, such as research and development tax credits or relief on certain business expenses. This tax structure can lead to potential savings, helping you reinvest in and grow your business.
Enhanced Professional Image
Registering as a limited company can elevate your business’s professional image, making it more appealing to potential clients, partners, and investors. Limited companies are often perceived as more established and trustworthy, giving your business credibility and helping you stand out in a competitive market. This professional image can be a significant asset as you work to expand and secure new opportunities.
Frequently Asked Questions about UK Limited (ltd) Company Formation & Setup
This podcast episode revolves around Ginny Nicholls, the founder of Interim Digital, discussing how her business is transforming the way digital agencies and brands work with freelancers. The conversation delves into the origins and vision behind Interim Digital, which was born out of the changing landscape post-COVID. Ginny highlights the increase in senior-level freelancers available and how Interim Digital connects agencies with pre-vetted, experienced freelancers.
Chapter 1: Introduction to Interim Digital
Host Chris introduces Ginny and her company, Interim Digital, which connects freelancers with agencies and brands. Ginny shares the background of her journey and what led to creating the business.
Chapter 2: The Freelance Landscape Post-COVID
Ginny explains how the digital marketing landscape shifted after the COVID pandemic, leading to a larger pool of senior freelancers. The importance of agility for agencies is emphasized, particularly in partnering with freelancers.
Chapter 3: Challenges Faced by Agencies and Freelancers
Chris and Ginny discuss common frustrations experienced by agencies when freelancers change or when finding reliable freelancers. Ginny talks about her personal experiences and why Interim Digital focuses on vetting talent thoroughly.
Chapter 4: Community Management in Freelance Networks
Ginny reflects on community management and its importance in ensuring freelancers are not only skilled but also culturally fit for agencies. She discusses how Interim Digital supports freelancers with tools to promote themselves and grow professionally.
Chapter 5: Vetting Process and Freelancer Qualities
The episode covers Interim Digital’s invite-only model and rigorous vetting process. Ginny explains what qualities they look for in freelancers and the need for both technical expertise and commercial awareness.
Chapter 6: Referrals and Organic Growth
Ginny highlights how referrals have been a key part of Interim Digital’s growth. She emphasizes that building relationships and trust with agencies leads to multiple opportunities within the same client network.
Chapter 7: Commercial Agreements and Disrupting Recruitment Models
Chris and Ginny dive into the commercial aspects of Interim Digital’s business, how they’ve structured agreements, and how they are disrupting traditional recruitment methods by offering scalable day rates instead of standard recruitment fees.
Chapter 8: Advice for Aspiring Freelancers
Ginny offers valuable advice for aspiring freelancers, emphasizing the importance of gaining agency experience before going freelance. She stresses the need for understanding various industry roles to thrive in the freelance market.
Chapter 9: Success Stories and Future Plans
Ginny shares examples of successful partnerships between freelancers and agencies. She discusses Interim Digital’s future goals, including brand awareness and becoming the preferred freelance partner for agencies in the UK.
Chapter 10: Personal Insights and Conclusion
The episode ends on a personal note, with Ginny talking about her favorite game, Backgammon, and how it reflects her family’s competitive spirit. The host wraps up the episode with final thoughts on the conversation.
#marketing #recruitment #business #insights #strategy
Find Ginny on Social Media
Linkedin: https://www.linkedin.com/in/ginnynicholls/
Website: https://www.interim.digital/
Find Chris on Social Media
Linkedin – https://www.linkedin.com/in/cjbarnard/
TikTok – https://www.tiktok.com/@feedbackfans
YouTube – https://www.youtube.com/@getfeedbackfans
In this episode of the Bear Business podcast, host Chris Barnard interviews Ash Wilks, co-founder of Wallbreaker, a video production company based in Lincoln, UK. They discuss video marketing trends, the importance of storytelling in video content, and how businesses can effectively use video to not only boost their brand and sales, but to add value to other functions such as Operations & Human Resources.
We discuss a wide range of topics:
Introduction to Wallbreaker
Founding of Wallbreaker
Business Environment in Lincoln
Impactful Video Campaigns
Making Engaging Corporate Videos
Professional vs. User-Generated Content
Cost and Accessibility of Video Production
Trends in Video Marketing
Challenges in Video Marketing Roles
Advice for Starting with Video Marketing
Ash’s Favourite Game: Catan
#marketing #video #business #insights #sales #strategy
Find Ash on Social Media
Linkedin: https://www.linkedin.com/in/ashwilks/
Website: https://www.wallbreaker.co.uk/
Find Chris on Social Media
Linkedin – https://www.linkedin.com/in/cjbarnard/
TikTok – https://www.tiktok.com/@feedbackfans
YouTube – https://www.youtube.com/@getfeedbackfans
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Introducing FeedbackFans.com Fraud Prevention Technology (FPT)
Search marketing is a crucial aspect of any business looking to increase their online visibility and reach more customers. However, with the rise of fraudulent activity on the internet, it's important for businesses to take steps to protect themselves from fraud. One way to do this is by using FeedbackFans.com's Fraud Prevention Technology (FPT). FeedbackFans.com's Fraud Prevention Technology is designed to help businesses protect themselves from fraudulent activity related
Time for a Project Wash-Up?
We’re all guilty of it sometimes. You reach the end of a project, and it’s like finishing a marathon — your first thought is, Thank goodness, we’re finally done! But here’s the catch: you’re not actually done. This is when the magic of a “project wash-up” comes into play. It’s the final leg of any project worth its salt, and, no, it doesn’t mean literally scrubbing down your spreadsheets.
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