Banking in the UK If you are considering a UK corporate or personal account in the UK, there are a plethora of banking options available. Starting with the ‘retail’ likes of Barclays, HSBC, Lloyds and NatWest, then there are the challenger banks which are digital such as Revolut or Monzo and finally the Private Banks.
Funding the journey to ‘the promised land’ Over the course of my twenty-year career as a business school academic, and the co-founder of Cambridge’s largest technology accelerator, I have been fortunate enough to mentor over 250 high growth ventures. I’ve witnessed spectacular success in the form of IPOs and nine-digit acquisitions but, perhaps more importantly,
Knee Jerk v Big Picture I don’t think I’m the first person to suggest we are living in ‘interesting’ times. What has been described as an old Chinese Curse, has sadly become a daily challenge. After almost a year of the Covid Pandemic around the globe every life has been touched, some more than others.
Land and Expand Part VI - Overseas Banking Brilliantly ebullient, basically brazen – how to open your overseas bank account and remain rational We are often asked: what is the most common complaint when setting up in new territories? Setting up overseas banking facilities. With the ability to make international payments from the comfort of
Filing an FBAR Are you a US Corporate operating non-US resident bank accounts? Are your key people compliant with FBAR? Have you advised your US signatories of their risks? Briars has a simple solution…. Your favourite subject – filing tax returns! What can go wrong?? In 1789, Benjamin Franklin uttered that much repeated excerpt, “but
In Utmost Good Faith In these challenging times, we are all looking for surety and stability and of course financial security. The principle of an Insurance policy, be it for your car, your home, your business remains the same in that it can be relied upon to provide financial protection against unexpected events or negligence.
Resilience is critical to leadership success “Life doesn’t get easier or more forgiving, we get stronger and more resilient.” ― Steve Maraboli Resilience is foundational to success. One constant in life is the inevitable flow of perpetual changes. In a turbulent environment, including this incredibly challenging year, it becomes challenging to feel settled. We crave
Land and Expand part V - Insurances As we walk through the Land & Expand journey, we reach the fifth stage, being Insurances. Often overlooked in the process but necessary to ensure that your overseas trading entity, your board of directors, your employees, your customers and your supply chain are all sufficiently protected. Requirements will
A Risk Management primer, for a new company landing and expanding in New York Historically a melting pot, New York is a diverse metropolitan area, which translates well for entrepreneurs of all ethnic backgrounds. Of the approximately 8.5 million people living in the city, more than one-third are foreign-born, the highest rate in more than
The city that never sleeps will awaken again Downtown Anyone visiting New York City for the first time is overwhelmed by the sheer size of the skyline and immediately feels the frenetic energy of people living their lives and business getting done. I’m a Brit, having moved to the US nearly 14 years ago. Suffice