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Requirements to assess before starting an online business
Starting an online business in such times appears a good plan, as people around the world have been urged to take their spending habits online. However, there are a few aspects worth considering before you launch yourself into the idea. Business Identity As per the Companies Act 2006, you must be sure to disclose certain […]
What is an E-signature?
This article is going to discuss the use of Electronic signatures. E-signatures are recognised under English law. The legal framework for e-signatures in the United Kingdom (UK) is founded on the Electronic Services Regulations 2014, also known as eIDAS. It came into effect on 1 July 2016 and was applied in the UK with the […]
Regulations concerning electronic payments
This article is going to briefly discuss the use of electronic payments. The use of a payment service is bound by a complex set of regulatory requirements. It involves several regulators such as, the Financial Conduct Authority (FCA). The Payment Services Directive ((EU) 2015/2366) which is applied in the United Kingdom (UK) with the Payment […]
Offering sales promotions
Sales promotions are seen everywhere, money off, two for one offer, free items with certain orders, time limited offers, prize draws, or competitions. They are valuable marketing tools which can incentivise consumers to purchase a product, purchase more products or, to build/maintain brand awareness. Overall, they can drive up sales volumes. However, when offering a […]
Sales promotions (CAP Code)
The UK Code of Non-broadcast Advertising, Sales Promotion and Direct Marketing (CAP Code) states that advertisements should be legal, decent, honest, and truthful. They should be prepared with a sense of responsibility towards consumers and society. They should adhere to the principles of fair competition. Section 8 of the CAP Code defines a sales promotion […]
The A’s to your Q’s on e-commerce!
What is e-commerce and why is it so important? In short, e-commerce is the term covering the buying and selling of goods and services online. Traditional commerce has always come in a physical form, e.g. the customer visiting a shop and purchasing goods in person, however, in an ever-growing tech world, everything is moving online. […]