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Going self-employed
Lots of questions coming so will try and keep the intro brief and to the point: I'm currently among the thousands of people being employed in an office job I don't like. Reasonable wage, no job satisfaction, demoralising etc... I currently have one small business - a hobby business if you like working a few hours on a…
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Sole trader - capital allowances HELP
Hi everyone. I am a graphic designer / web developer. I am setup as a bit of a small time business, by means of being registered as a sole trader. I am full time employed so only really do quite a modest amount of freelance work on the side, but thought I'd set myself up and do things the 'proper way' with a business…
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Tax small business
Confused. Can anyone help explain tax for small business. e.g Year turnover 150,000 less Rent 20,000 Staff 3,000 Insurance 320 Alarm 50 Accountant 1500 Stock 60000 Total net profit 65130 Is this right. Is corporation tax then taken from the above net profit @ 20% = £13,026 If i take out a wage of 650 a month ( which will…
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30 days payment terms
Hi chaps ... I'm a freelancer designer and have a really good new client ... I invoice when the job's completed and everyones happy. These days I really don't expect them to pay too quickly so after 30 days I send a statement and then a few days later a polite email and or telephone call, this generally works and a bacs…
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Business Current Account
Hi I'm looking at opening a CA for my limited company as a contractor and need a litlle help and advise to find one that doesnt do a monthly fee (post the 18mth free period that most seem to offer) The amount of withdrawals / credits each month will be minimal (circa 5) and I want to pay the lowest charges possible. Can…
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Hospital Charity Fund
I am looking for someone, with the appropriate experience, that may be able to help me understand the financial aspects of a charity fund that is part of the Charities Commission. I am basically wanting to know if everything is in order with the charities finances. If you might be able to help could you drop me a pm. Thank…
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charitable grants for new scout hut
Our local Scout group is trying to raise sufficient funds to replace our existing decrepit Scout Hut. We need approximately £200,000. Does anyone have any ideas about charitable trusts/foundations which give grants for this sort of thing? We are of course doing fundraising activities, but we are also going to need several…
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Thinking of expanding our small business – Advice required please
Hi folks A friend and myself run a (very) small business and most ofthe accounting records (sales & purchases) are done via spread sheets andmanual records are kept. We are thinking of expanding the business and wouldbe most grateful if any of you kind folks out there could offer us with someadvice on the following - 1.…
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Catering Trailer For Rent!
Hey! Anyone know a company who can rent out their mobile catering trailer/van for a day. Cheers Kay
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Window cleaning new business
Hi all I'm after some honest advice Dh & I are lucky enough to have 10k of my dad to do with what we want - we want to start a business & are thinking window cleaning not your show up when your skint kind of business a proper round where he shows up each month on same day ect We are thinking window cleaning as ive been…
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Diary of a serial entrepreneur
Hey guys, Several people have pm'd me now about various aspects of business, to include the hours that go into it and how much you can earn. The bottom line, as Sue will tell you, is that there is no hard and fast answer to this one, but I thought I'd start a thread of my own for you to as questions related to business and…
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How to bring my idea to life?
Hello, I'm not really sure where to start. I have an idea for a shop/enterprise. There are many good local craft people selling online, some have expressed interest in going into a store, but there are not many small shops for them. There is a large shop with good rates and rent, i'm looking at how feasible it would be to…
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Incorporated Charity Status
Does anyone have any experience of doing this? I am the chair of a preschool committee and we currently operate as an unincorporated charity. Obviously this leaves the committee members open to personal liability - I'm mostly thinking about redundancy payments should the charity fold. As we have 8 employees, some of whom…
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Restricted company names
Hi Someone I know has set up a website calling their business by one of the names that is restricted by Companies House. Let's say the Joe Bloggs Authority where the word authority can only be used with special permission. Is this ok to do because he hasn't registered a company? If so does this mean that a sole trader…
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Help naming business
Good Evening I am a reiki therapy practitioner and looking to start promoting more in my local area to see how it goes.... I am struggling with a company name and would welcome your ideas please What could i call my new reiki business to make it stand out Many Thanks
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Brief for website designer
A graphic designer that I've met through some charity work that I do, has offered to design a website for us for a reasonable price, at the moment we have a very basic static one. He's asked me to tell him what he wants - I was rather hoping he would tell me what we need but still.... What sort of brief do I need to…
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Webhosting
Hi guys, I have built several sites and hosted them through 123-reg but find the email to be a bit on the flakey side so I am wondering if anyone has experience with others and would recommend. I will be setting up a fairly simple site so doesnt need a huge amount of space. It will be php so needs to have server side…
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charity auction, raffles????
Hi I am wanting to raise money for charity, I am kind of heading towards children with serious and terminal illnesses etc... Is there someone on here that knows the in's and out's of this please, i 've already come accross the Gambling commission site but i'd rather talk to someone over the phone, via email or in person…
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Product/Public liability insurance
Hi Guys, Having a bit of trouble here. New start up, sole trader and I will be buying cleaning chemicals from a manufacturer and selling onwards to others in the trade (not the general public at this stage). It sounds pretty simple but I cannot get any quotes! I have a couple of problems which seem to keep coming up. 1)…
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Help needed with expanding business and taking on 1st employee!
Hi guys, I need a lot of advice as you will soon find out! I have been running a small but successful cleaning business in my local area. First just cleaned houses now I clean communal area's in new housing developments as well as more houses. I am now unable to do all this work myself as Im getting more work all the time,…
