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 To liquidate a company, a business is wound up, shut down, and removed from the Companies House registry. When a business cannot pay its obligations, it sometimes goes through a liquidation process in which its assets are auctioned to satisfy creditors. In either scenario, the goal is to “liquidate” the business. The liquidation procedure may … The post Step-by-Step Guide on How to Liquidate a Company in the Netherlands appeared first on Business War | Know Your Competitors.

A certificate of good standing also known as certificate of authorization is issued to businesses as proof that they exist and are allowed to transact in their respective registration states. It may be granted to an organization that was first created in the state. It can as well be an entity created abroad and listed … The post What is a Certificate of Good Standing and Reasons your Business Needs It? appeared first on Business War | Know Your Competitors.

Peer-to-peer lending, an online financial services that have grown to represent multi-billion dollar businesses. It has been made possible by advancements in fintech and has since been widely used. Peer-to-peer (P2P) lending, sometimes referred to as microlending. It is the process of providing small loans to other people or companies online using a lending platform … The post Money Laundering and Compliance Issues in the Peer to Peer Industry appeared first on Business War | Know Your Competitors.

Online marketplaces provide opportunities for entrepreneurs in different industries to successfully start and build their virtual brands. Also, customers are more knowledgeable and the products are continually improving in quality. Starting an online marketplace is not a complex process, and it relieves you of inventory management and logistics. So, if you already have a brilliant … The post 5 Tips to Starting a Successful Online Marketplace appeared first on Business War | Know Your Competitors.

It would be best if you undoubtedly thought more when you come across a local company’s mailing Address. Depending on the postal code, you can identify the street name or, at the very least, determine what area of town it is in. However, a growing percentage of online or home-based enterprises need a storefront or … The post How to Get an Address Somewhere you Don’t Live appeared first on Business War | Know Your Competitors.

You must learn how and where to register your business before you begin selling your first goods or engaging new customers. When starting a business, you have a few distinct options for organizational structures. You have certain responsibilities regarding when and how to establish your firm, depending on whether you register as a sole proprietor, … The post Step By Step Guide on How to Register your Business in the UK appeared first on Business War | Know Your Competitors.

Passive income may be a terrific strategy to help you produce extra income flow. Either you’re managing a side business or perhaps just wanting to acquire a little extra money, particularly as inflation soars across the economy. When things are going great, passive income may help you earn more and provide you with a safety … The post Best Passive Income Investments in 2023 appeared first on Business War | Know Your Competitors.

Are you thinking of starting an international business? Where can you start it? Interestingly, there are different countries where you can set up your business. You no doubt want a country with the right business atmosphere, one that accommodates foreigners and is cost-friendly. Also, the country’s economy plays a huge role in determining whether or … The post Top 5 Best Countries to Start a Business In appeared first on Business War | Know Your Competitors.

The idea of starting a business can be thrilling. As an entrepreneur, you have a long way ahead of you to achieve the dream of running a business successfully. Nonetheless, your entrepreneurial journey involves registering your business. This may seem daunting, especially if you are a newbie.  Why do you need to register your business? … The post Business Registration; A Universal Guide to Entrepreneurs appeared first on Business War | Know Your Competitors.

If you own an online business, you no doubt know how much convenience this level of digitization offers to your customers. Unfortunately, fraudsters are not left behind either. They take advantage of each opportunity to rob unsuspecting customers. One of their successful scams is Card Not Present (CNP) fraud. This is because online business transactions … The post 5 Ways to Protect Your Business from CNP Fraud in 2023 appeared first on Business War | Know Your Competitors.