A Family Office (FO) is a private investment firm set up by an ultra-high-net-worth (UHNW) individual to manage their investment portfolios and generally cater to their financial, legal, and admin needs on a day-to-day basis. There are two different types of family office: a single-family office (support only one family); and a multi-family office (support a number of families) According to a research from the London School of Economics, the ultra-rich in London are increasin

In the UK, the use of online banking is increasing significantly and mobile bank has become the new normal. Banking and financial services are typically among the first industries to embrace technological advances; starting as far back in time as the appearance of automated teller machines (ATMs) and credit cards. Ever since the first secure Internet systems for financial operations became available on a large scale, accessing of one's bank account online to carry out transac

Implementing an effective digital marketing and eCommerce strategy can be challenging, especially for SMEs and entrepreneurs. Therefore, it is key to seek assistance before putting a project into action. Digital marketing contains a range of activities that help companies to win and retain online customers. Sellers that are new to eCommerce, and businesses aiming to focus more time on other activities (e.g. manufacturing, commercial relationships), are advised to consider usi

Although COVID-19 led to many drawbacks, the pandemic crisis has encouraged flexible working, which emboldens businesses to benefit from virtual offices. In 2016, the UK had more than four million Britons working from home, and many of these people worked via fully-connected virtual offices. Following these statistics, one can only imagine how much the number of businesses using virtual offices has increased due to COVID-19 and digitalization. It is predicted that “more agile

The UK has been benefited from electronic signatures (e-signature or e-sign) since it first became legal in 2000 with the introduction of the Electronic Communications Act 2000. Nowadays, the UK abides by the European Union’s eIDAS regulations that came into play in July 2016, meaning that the country can take full advantage of the legality of e-sign. Document sending have become cost-effective and greatly efficient thanks to electronic signatures, with digital payment soluti

The UK is the world's fifth-largest economy by GDP and the most advanced e-commerce market in Europe. “Ecommerce in the UK is expected to grow 11%” By the end of the year, e-commerce in the UK is predicted to reach 222.5 billion euros. This is due to the fact that the UK is number one in Europe for the B2C eCommerce market, with 96% of the population using the Internet for online payments. Following highly developed financial services market available to its population, in th

The UK offers a business-friendly environment, making it a unique and excellent country for running a company. "The UK is home to more billion dollar startups than anywhere else in Europe" - UK FinTech State of the Nation The key factors of the UK's attractions to startups are its tax regime and the benefits it can provide. For Instance, Low Taxation Economy - at 19%, London has the lowest corporation tax in the G20 and Competitive Taxation - tax incentives for R&D, 30% tax

Despite Brexit and the pandemic crisis, the UK still remains the best country in Europe and one of the world for #entrepreneurship, whether you want to start your own business or simply open an office. The main contributor of the UK economy and employment is digital technology, increasing 50% faster than the broader economy, with London being well ahead of any other European country for capital investment, making it an “international digital powerhouse”. Moreover, the UK is c