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Electronic billing is constantly evolving. In Europe, the European Commission requires Member countries of the EU to implement electronic invoicing. The purpose of the Commission is to get in Europe a predominance of electronic invoicing in the very near future, so it is very important to all SMEs, freelancers and entrepreneurs at the forefront in the opportunities and advantages offered by this technology. Here, we will analyse three of the most critical trends for your business and how to answer them.

1. Crucial Benefits

The benefits of online billing software align with the improvements in the speed of processes and resource efficiency. According to a global study conducted in 2012, 67% of companies believe that e-invoicing could improve operational efficiency, compared with 50% in 2011. Faster billing cycles and cost savings on billing paper are the two main benefits experienced by issuers.

Save time, money and space

Savings in administrative costs and manual labour are clear. It is easier to reduce the annual costs of messaging, mailing and faxing; printer paper and even volume of printing. No more printing costs of bills and handling of paper invoices. Speed and efficiency is the aim and now you can instantly send invoices via the Web. Up to 8 invoices can be processed every second on average.You manage all the information and only you have access to it, meaning security is tighter. No more typos, you can be sure that all your bills are generated with the appropriate data.A safe investment for any business is to have a flexible electronic invoicing system, even if there are changes in your system. Adaptable to any operating systems and platforms, there are major companies requesting electronic invoicing that are mandatory for its suppliers.

2. The Electronic Invoicing

At this time, customers have high expectations of those who bill, so excellent customer service over the Internet can be a key factor to converting into real customers loyal followers of the company, which is an aspect that should not be neglected. In this respect it is necessary to adopt the concepts of Web 2.0 and social marketing, which can be done by using cloud-based Software as a Service (Saas).

3. Comprehensive Customer

Knowing the customer is vital in business. This information can be extracted by digitising billing processes and provides a strategic basis for decision-making at the level of business. SMEs, freelancers and entrepreneurs that issue electronic invoices recognise the power of intelligence they can get about their client to boost ties with them and make them more profitable and beneficial through behaviour-based experiences. This improves loyalty and sales.For SMEs, freelancers and entrepreneurs, it is important to adapt to the digital environment and adopt solutions that help the company to be in a position of advantage. Today, there is great interest in the billing software online, as they are now available to companies who could not afford to adopt a proper solution beforehand.Electronic billing software in the cloud must maintain assurances that it is issuing and filing invoices in accordance with regulations. With billing software in the cloud, organisations experience a lower percentage of discrepancies in receipt of your payments, save on printing, time, space and may have access to an automated and integrated system that helps improve the efficiency of processes. It also allows access to the control of the company from any computer without installing any application on your PC, Mac, Linux, tablet or Smartphone.Today, SMEs, freelancers, companies like Your Virtual Office London and entrepreneurs can deepen relationships with their customers, improve your cash flow, reduce costs and accelerate sales through the use of programs for billing in the cloud. If you enjoyed our business article you can read more articles in our blog.

Undoubtedly, one of the keys to invest successfully is to have a vision for the future. Having clear decisions to be taken with regard to long-term financial investments becomes vital, in order to achieve the desired results in investments and profits, after all, investment is the result of careful analysis.Generally, the goals are achieved by determining how far away the investment horizon is. But why is it so important to establish a horizon? Very simple. Establishing what the long-term investment is (5 years, 10 years, 15 years) has a great importance, since it directly influences the investment strategy. Generally, long-term investments allow investors to take more risk when investing.A clear example is the investment in gold , and that despite the ups and downs that occur in the market, the long-term trend is always upward, so that it always comes as a great way to invest safely long term and is profitable for your money. The key to any long-term investment is that it will ensure future financial security.

Here are just some key elements to successful investing:

1. Get control of your expenses before investing - Pay off your credit card debts and other high interest rates as fast loans or mini-credit is something unavoidable before you even think about starting to invest. If you get some extra income, I dedicate it to pay your debts and thus bring the moment you can start investing. Learn to cut your expenses and a little short in one of your unnecessary purchases to get away with your debts as soon as possible.2. If you're going to invest, do it - Once you have your financial house in order, no debt, and a good emergency fund set up , start investing.First start with simple investments in which you feel confident and let it rest there money for a while to see how you react to the ups and downs of profitability. Do not sell quickly to take short-term profits or bands to avoid big losses. Wait until you actually have a good reason to change your portfolio.3. Do not forget risk - Do not put all your money in one place. Make sure you have invested in at least a couple of different assets. Especially, do not put all your money into risky investments such as a large number of shares of small cap companies.4. Begin preparing for retirement. Your first objective should be to prepare to invest for retirement. If you have not started yet, do it now. Do not hesitate for a second, even if you do not know 100% what you are doing or exactly how you want to invest - invest your money in an index fund.5. Stop worrying about how to invest and just do it. Whether you later modify your investment for improving, then so be it, but do not get caught in the paralysis of the investment and become stagnant.6. Be sensitive to your impressions. If your gut tells you it's a bad investment, stop putting new money into the asset for a while.If after your instinct keeps saying it's bad, even long after you stop investing, move your money to another investment. Do not just keep putting money into something that does not work for you.7. Make sure you have the ego at the door. Do not ever think you're a great investor. The moment you think you are, your wallet will fall apart.8. If everyone invests in something, do not follow them. If you see that everyone is investing in the same asset, then it means that something is trending, but will not last, so you should be as far away from that kind of investment as possible.Your Virtual Office London are experts in helping businesses become more successful. We provide virtual office services including a prime mail forwarding address in London, telephone answering and registered office address. If you would also like advice about investing we have an accountant who is always on hand to help with professional advice.

For accountants who are responsible for project formulation, financial statements are the corollary of their work and the culmination of their efforts. For entrepreneurs and managers of businesses, this allows them to take actions and decisions they deem appropriate for the proper conduct of the business.This situation can be summarised in the financial statements, whereby they record the financial results for the integrated management of business that the organisation runs. This information is of interest to various sectors, such as:- The owners and / or shareholders and those fully interested in knowing the results of the economic entity.- The directors and officers are interested in the excellent conduct of the business, to know if you are meeting the objectives established.- Administration: To guarantee the proper administration of the institution in accordance with its goals and objectives.- Supervisors and control bodies: Those that manage audited financial statements give credibility to your financial information.- Government bodies: Interested in the financial statements that are audited by aspects of formality and regulation.- Workers : As a means of feeling security in their employment.- Suppliers and creditors: Because they are interested in liquidity and fairness of the financial statements.- Investors: Because they will be able to analyse, to invest or not to invest in certain types of business.- To the general public: To know whether a particular organisation has a good picture of trade, if there are good services, products and whether they have quality.Under this perspective, the audit of the financial statements involves an examination of the financial statements of its operations holistically, including media, economic, administrative, financial / accounting, legal, environmental etc. An established, well respected company such as thecheapaccountant.co.uk can help with this aspect.Due to the above, the financial audit should not only aim at the verification of the accounting record, but also the detailed examination of the actions of the organisation, areas, processes, licenses, operations, records and support in a responsible manner to be as efficient as possible.In that way a financial audit process requires consideration of, among others, the following:- Understand the organisation, policy, regulations, structure, processes, financial reporting and accounting handbook with your chart of accounts.- Prepare guidelines, programs or questionnaires for an audit and internal control and other working papers, based on the representative account.- Know the computer applications that manage the organisation, especially accounting and finance.- Review the different accounts assigned to the financial statements, considering the accounting, financial, administrative, legal, economic, environmental or otherwise. Determine for each of them, the cause, effect and impact as well.- Translate in technical working papers, supported and objective manner, each of the findings, to be considered in drafting the final review report.With respect to internal control you should:- Evaluate the quality of information systems and media in the accounting process.- Check profiles of who will be able and responsible for handling and recording of accounting functional areas.- Verify proper handling of correspondence and memory of the organisation file.- To verify the existence of control processes that perform the accounting area of dependencies and other sources of accounting information.- Monitor an Improvement Plan,Another insightful blog post produced by Your Virtual Office London.

What is a registered office address?

A registered office address is for Limited Companies and Limited Liability Partnerships. It is a legal requirement from Companies House that a registered office address must be given when you incorporate a company. The address will then be used by Companies House and HMRC to send your company official statutory official post.

Why do I need a registered office address service?

Many small start up businesses are usually formed from a residential address, a homeworker for example starting a business would normally have no choice but to use the residential home address as the registered office address. The address is then available on public view, which means customers and business associates will be able to find out where you live and of course this can sometimes have privacy issues which may not be suitable for someone working and living at home.

Why Your Virtual Office London Registered Office Service?

Your Virtual Office London provide a real London office address in a prestigious and prominent area of central London. Our service can be used by Limited Companies and Limited Liability Partnerships (LLP`s). The service can be used as long as the company is trading from England or Wales.

Is postage free?

We include all postage of statutory mail for free, your registered office post is sent first class same day and we also include free postage for our international clients; this post is sent out via airmail same day.

I am a director can I use this for my service address?

Our registered office is only for the company address, if you are looking to update your directors details with a London address, we do provide a directors service address. This is used by directors and secretaries of companies, it allows them to receive staturoy notices in their name to our service address in London. Again all post is included with this service, so there are no additional mail handling fees.

Can I have normal business post sent to the address?

If you are looking to have everyday trading mail, such as letters from clients and business associates, statements from banks and other marketing materials, you will need our London mail forwarding address. This is ideal for real trading businesses looking to have a prime address in the heart of London. Postage costs for this type of mail is not included and we would require a postage deposit.A London address can really help boost your companies image, increasing the prestige of your operation through a prime address in central London can help your client perceive that your business is established and secure. Image is key to winning important contacts and clients, we strongly recommend our mail handling services to help aid the progression of your business. If you would like to discuss any points raised in this informative business article, please get in touch with the team today.

In business, professional image is the key to your success. Many more people are now taking the plunge and starting a new business venture within the comforts of their own home. The internet has made starting a company a simple process and operating a business from home even easier.What many of the start-ups in our own experience frequently overlook is the information required during the formation of a new Limited Company. Key details such a registered office address, director`s details and even shareholders details can often be confirmed without properly thinking about the ramifications of the details provided to Companies House.Most new business start-ups have not been through the company formation process before and such terminologies as a registered office address can be overlooked. It is important to understand that any details provided on formation will be permanently on public records.

Security and peace of mind

Using our London mail forwarding service with a registered office address has many benefits for your company. Firstly we have to imagine what would happen if you were to use your own residential address for your business. Many of our business clients always intend to provide the best possible service to their own customers, however as the business grows so will the potential for possibility of a disgruntled customer. We have had many scare stories where customers have turned up at a person`s house to discuss something very trivial, they managed to obtain the residential address via a company search online. You can imagine how awkward this could be if it`s unexpected and you were at home with your family.Our London mail forwarding address and registered office provides you with a safe and secure service that keeps your residential address of public record. This means there is no chance of customers turning up as and when it suits them. It gives you peace of mind and helps you to concentrate on providing the best possible service to your clients.

A professional image is the key for your fledglings` business success

Clients are becoming very aware that more and more businesses are operating from home. Many potential customers will do their homework first, and looking at where your business is operating from is part of their process. If you have a residential street address on your website then most customers will have a look at where you are trading from. Again a customer is more likely to go with an established larger company as this provides security over a small one man band operating from home. Our London mail forwarding address service is designed to give the smaller business an equal footing, it makes your company appear well established.Our London address is located in a prestigious location in central London. Using an established address in the heart of London can help persuade those clients who may have been reluctant to purchase from you due to knowing you were operating out of a residential address.

Why use Your Virtual Office London?

Your Virtual Office London have been providing leading expert advice to small businesses since 1971. Having started out as a company formation agent in City Road where Companies House were once based, our services have since grown to provide a more complete package for our clients.We understand starting a company is an important step, often a milestone in one`s personal life, and that we are here to ensure you do things correctly. Using our experience we can help guide you through the formation process and help provide guidance on the supplementary services that we provide to our clients.Our mail forwarding and registered office can be combined with a director`s service address to provide complete anonymity for peace of mind. Further into your businesses life span you may require professional advice for accounting, we have trained qualified accountants who can help talk plain English to you about the requirement`s HMRC set out for Ltd companies.Whatever your need, get in touch today, we are always happy to help.

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Alternatives to using your home address as a registered office address

If you have formed a company you will be aware that you are legally required to provide a registered office address for your company. This is a public available record, which means anyone can search for your registered office address online. This of course can have implications if you use your own residential address.

Why do I have to give a registered office address?

A registered office is for mail correspondence from HMRC and Companies house, you will receive several letters on a yearly basis from companies house and HMRC, including tax notices, company documents and other statuary mail. Its also a legal requirement for any legal action against your company, the address will be used for any legal letters that could be aimed your company if there have been some disputes.

What address can I use?

You can use any UK address, many people who start a company for the first time will use their residential address however you can use a registered office service which we provide. The address service gives you the best london office address option for forming your company. Our address gives your business credibility as it`s a real London address in location where many businesses operate. Many of our Limited Company and Limited Liability Partnerships choose the registered office address before they form the company as any registered office changes will be listed on public record.

Our service also stops junk and unsolicited mail, it helps to prevent unwanted callers aswell, if you have angry customers they may want to visit your registered office and if you use your residential address it could be very awkward and unprofessional.

We also include free mail forwarding worldwide to any location of your choice, this means any HMRC and Companies House statuary mail will be forwarded on to your location.

Your Virtual Office London

Your Virtual Office London are one of the most experienced company formations and business address service providers in the UK. We have been forming companies since 1971 and fully understand the needs of your fledgling business.

Our London registered office and mail forwarding service is located in a prominent and prestigious commercial area in central London. Our registered office is only £45.00 per annum and we can also provide a real business trading address to complement your registered office address, this costs £92.50 per annum.

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When you register a company with Companies House, a lot of information is stored on record. Details of your registered office address, directors address and shareholder information is required. As Companies House is a public registrar the information is made available for the public, this is to ensure transparency of trading and that the company owners are accountable for the actions.

What details are made public?

When you first form the company you will be required to provide all the correct details; shareholders full names are on record along with the shareholders addresses. Once the company has been formed and new shareholders join only their full name is required. This means no address is needed, you are not legally required to inform Companies House of your address or change of address. When you first form the company you will need to provide the value of the share, the type of share (class), and the number of shares that have been issued.

Your Virtual Office London

If you are thinking of starting a Limited Company or Limited Liability Partnership please do get in contact with us. We have been forming companies since 1971 and have vast experience in the types of companies and what would be best suited for you. We provide supplementary services for your company formations, such as registered office address service in London, director`s service address, London mail forwarding service, and business accounting. Whatever you require we can help provide expert professional guidance without any obligations.

If you`re starting a business, whether you`re a sole trader, Limited Company, Limited Liability Partnership or even a Public Limited Company you may want to use and display a prestigious London business address as either your primary or secondary address. Your Virtual Office London provides you with a prominent address in a prestigious central London location. Our business address and mail forwarding service is designed to give your business instant credibility for a very minimal initial outlay.

Why wouldn't I just use my residential address?

There are a number of good reasons why you may not want to use your own residential address as your trading address. If you display a residential address to your clients as your main business address it instantly tells your client that you are more than likely to be working from home, this can give the client an unprofessional image as they will think you are a very small company that may not be well established. If you upset any customers they may be inclined to visit your work address and if you are using your residential address as the trading address then this can lead to awkward and embarrassing visits when you are least expecting them.

What benefits do I get from using your mail address service for my trading address?

Our service comes with many features which can really help boost your businesses overall client acquisition and retention rate. Many people overlook the importance of image, however image is everything in business and in order for your business to progress you must impress your clients.

Mail Forwarding & London Business Address Features:

• Central London EC1 location
• Private & Secure
• Signed For parcels accepted
• Customer service at door for visting clients
• Collect or have mail forwarded to any location worldwide
• Unlimited mail volumes

How easy is it to setup?

We have made the process very simple, all you need to do is purchase online and complete a very simple online form. Once the order is received our end, we try and get your accountant live and activated within 2 hours on a working day. We do need two forms of Identification, one photo graphic and one proof of address dated within the last 3 months. Once this is received we are able handing the mail you receive out to you.

Why Your Virtual Office London

We are the leaders in Company Formation and Virtual Office Services. We have been providing supplementary business services such as registered office address, mail forwarding, directors service and accounting for over 20 years. When you decide to choose us are your professional service provider you are taking on a team that has experience and a great working knowledge. If you would like to find out more information on any of our services please don`t hesitate to get in touch, we are always happy to help.

The simple answer to that is yes, an LLP (Limited Liability Partnership) must provide a registered office address when forming the company.When the company is being registered with Companies House, Companies House requires a registered office address for this type of company. The address will be used for all official stator mail from HMRC and Companies House.It`s a legal requirement however the address can be changed at any time, however if you are looking to keep your residential address private, we would recommend from outset using our registered office address in London from outset. When you change an address at company`s house, and you are allowed to change the address at any time, all changes are kept on public record. This means anyone can see past addresses which could be your residential address.You are allowed to use any UK address as the main registered office address, residential, commercial or other. We always recommend our service address as its very affordable and it keeps your details private.

Benefits of using our registered office address

• Stops unwanted junk mail
• Stops unwanted or disgruntled visitors
• Prestigious London address
• Impresses clients with a professional commercial address
• All mail is forwarded free of charge

Why our registered office service?

Our London office address service adds instant prestige to your company, creating a professional corporate image that impresses your clients. Using your residential address will not have the same effect on clients, some clients are hard to please and our service is aimed at impressing everyone no matter how difficult they may be to please.

Your Virtual Office London registered office service

Your Virtual Office London provide company formations which include formations of Limited Liability Partnerships and Limited Companies, a registered office address in Central London. Our location is very eminent and well recognized globally for being the hub of commerce and finance in London. With our registered office address all HMRC and Companies House statutory mail is forwarded to your location free of charge by 1st class mail same day, and this does include forwarding to international address for our overseas clients.If you found this blog helpful you can read more articles on our address services here.

When you first register a Limited company with Companies House, Companies house will send you an authentication code to your registered office address. Normally this can be from 4 days to 4 weeks from our personal experience, if you are using our registered office address this will be sent out same day 1st class.

What to do when you have lost your companies authentication code

If you are unable to locate the letter that contains the authentication code you will be able to log on via the Companies House website. If we have formed the company for you, we will be happy to do this on your behalf, otherwise if you have formed this yourself you just log onto the WebFiling factily provided by Companies House. If its your first time of using the online WebFiling facility you will need to register your details. Using this method is quick and efficient and can save you valuable time.

Can I change my authentication code?

Yes you can change your authentication code by writing to Companies House and request that you would like to change this. You will need to write the request on official headed paper and it will need to include the following details:

• The name of the company
• The registered office address
• The company number
• The current authentication code
• The new authentication code you would like to use
• The full name of the director and shareholder

Why do I need the company authentication code?

The code is very important, it is used for on-line filing via the Companies House website. The authentication code will allow you to file annual returns online, file annual accounts, change and update the companies details such as directors, shareholders and secretary`s. You will need to keep the code safe as anyone who has access to this code will be able to logon and edit the information easily.

Additional insight: Companies House Company Authentication Code for Webfiling

Your Virtual Office London are the original company formation agents

We have been helping business owners form companies for over over 40 years. Our team is one of the most experienced in the country, from historic company searches to simple partnership formation we are able to help your business. Whatever your question please don't hesitate to get in touch with the team, we look forward to hearing from you.