Here’s a good tip for anyone out there hoping to make it to the top without much effort; you can become a Managing Director in just 1 day so long as you have access to a debit card and £12.
The gov.uk website makes it really easy to start up your own Private Limited Company in a step-by-step tutorial that explains all the technical terms to you as you go along. In just 15 minutes and with just £12 you can have your own separate legal entity for conducting business that provides you with limited personal liability. Then you can call yourself a Managing Director 😉
Obviously this is not the actual use-case and wouldn’t actually fool anyone but it is a nice way to illustrate just one of the ways the United Kingdom is the 8th best country in the world in which to do business according to the World Banks “Doing Business 2020” rankings.
Having spent the last 2 years running defty day to day I had been wanting to fill in the missing piece of the puzzle — registration. Recently I have been considering doing some contracting and consulting alongside trying out some business ideas of my own so now seemed like the perfect time… and for £12 and 15 minutes of effort, why not?