An experienced employee decides to apply his knowledge and experience to start a consultancy on his own.

The idea

Steve has over 30 years’ experience working for a financial corporation and has now, at the age of 51 decided to launch his own management consultancy. Over the years, Steve has gained extensive knowledge in the IT sector, including performing in-depth auditing, managing IT projects, advising clients and dealing with cyber security solutions.

The challenge

Steve lacks the structure, knowledge and organisation behind company management.

First of all, Steve doesn’t know much about setting up a company. When searching for information online, he becomes overwhelmed by the possibilities and the many companies that could potentially support him during this process.

Furthermore, Steve has a key doubt: working as a solo consultant, he’s not looking to rent an office, so he doesn’t know what address to use for the company registration. He doesn’t know that he can use his own home address, but he would probably prefer to keep his personal information private.

With an extensive network, Steve has got a couple of interested clients so he will need to open an online account to get paid into quickly for his business so he can start earning straight away.

The solution for Consultants

Thanks to the simplicity and speed of Quid, Steve can incorporate his new venture to become a consultant and get his official company certificate and extract without external help.

The Quid dashboard provides step-by-step guidance to incorporate his company, so Steve can easily navigate the process by himself. Towards the end of the application, the dashboard notifies him that soon he will be able to use a registered address service as part of his limited company registration.

Thus, Steve has solved his dilemma. He can do business from home and soon will be able to keep his residential address private. Steve is also pleased that, in just a few taps, it is even simpler to open a global wallet for sending and receiving payments in the same platform!

Ideal for early stage entrepreneurs, consultants, small businesses and accountants.