WHAT IS FCA AND WHY YOUR BUSINESS NEED THIS ACCREDITATION

FCA (Financial Conduct Authority) regulates the financial services of over 56, 000 firms and industries in the UK. The aim is to increase the security of customers in the financial markets. It also promotes healthy competition and creates awareness among financial service providers. Also, the FCA ensures that customers only but a financial product that “fits their purpose” in terms of quality and longevity. Although the FCA works with HM Treasury, it operates independently of the UK government.

But what are the reasons for this accreditation?

  • FCA authorization is required for any business in the UK

Inasmuch as you operate a business in the UK, FCA authorization is mandatory for your business (unless they can abide by the terms of exclusion or are exempt).

  • Effective Challenge

The FCA authorization promotes a place of an effective challenge since the current practices will be decided by a variety of views. This authorization can bring out the best in your team, as they work together to look for potential solutions.

  • Focus

When the standards are high, it encourages performance and skill management. Since the FCA work to make the financial market work well for the consumers, businesses tend to focus on establishing, monitoring, and adhering to the FCA authorization.

The process of securing the FCA authorization can be quite challenging as it involves a series of processes. For this reason, the service of someone who has enormous years of experience in the financial industry is required. In recent years, there has been a rising demand for professional accountant services because they have the knowledge and expertise to manage regulatory risk.

SJPR Accountants have assisted so many firms in the UK. They have trusted accountants with clear knowledge about financing and can provide/analyze financial decisions throughout the business. Hiring SJPR Accountants will ensure that the process for authorization is taken care of legitimately and reliably.

RENT AN OFFICE AND HAVE A PROFESSIONAL LOOK

An office is where major activities relating to your business takes place. This makes it essential for any business. Are you running a small business? It is important to note that minimizing startup cost is a great way for your business to flourish. One way to reduce cost is to rent an office and give it a professional look.

Do you plan to rent an office? Here are some tips to consider.

Location

Even if you are running on a low budget, you need to ensure that your office space is connected to central places. Central places are busy locations usually flooded with passersby. As lucrative as these points can be they are quite expensive. The limited budget might be a hindrance to small businesses. When choosing an office, you will have to make sure that your preferred location is well connected to other parts of the city. This will ensure that the transportation of your employees as well as goods will not be difficult and expensive.

Office Space

The type of business that you run will determine how big or small your office space will look. Whether it is a residential office space or a commercial office spaces; make sure it fits your budget. Remember, residential office spaces require a lot of modifications so think carefully.

Security

The last thing you’d want is to rent an office in a location that has low security. Security challenges could be in the form of thefts through burglary or natural disasters e.g. floods. For the safety of your employees and the benefits of your business, ensure that you choose an office space that is secure.

Affordable Prices

Small businesses with stringent budget usually rent offices at an affordable price. To be candid, it’s always better to start small and grow your business than to start big and collapse in the future. Renting a space that is inexpensive will save a whole lot for your business. Just remember to give your office a professional look.

Hire an Agency

The demand for office rent is increasing by the day. This makes it more difficult for small businesses to find the right office space. Hiring an agency will save you a lot of energy and time. With enormous years of experience, these experts can provide an affordable office space for your business.

Professional Look

Renting an office isn’t enough, giving it a professional look is. A professional look can make an affordable office space look very expensive. It is an easy strategy for attracting clients. There are different options to select from when designing your office; the main catch is to incorporate something that will make your clients stay longer or always want to visit. Designing your office doesn’t have to be as expensive as building an aquarium, it can be as simple as having an elegant paint pattern or a hologram welcoming clients when they step into the office. It could be anything, just think and figure it out.

Grow Business Centres by SJPR Accountants provide monthly ongoing contract so you are free to grow! Meeting room available and you can also choose a telephone system, registered office address, and mail services.