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Franchise help
I hope this is posted in the right place and thanks in advance for any advice. I am currently considering buying a preschool franchise. I have been looking at the pros and cons of setting up a limited company to buy the franchise, to give some degree of protection. However, the franchisor has told me that even if I do set…
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Setting up a LTD company - free and easy
Just saw a thread on setting up LTD company's and noticed a lot of people messaging things about how confusing it is or how costly it is. I used these guys to set up mine and it's totes free and took about 5 mins and I had the companies house documents within an hour.…
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Business energy contract
I agreed a new business energy contract for my gas (due for renewal 01/04/23) , in August 2022. I did this to get a better deal on my electric. Now energy prices have come down a little I can get a much better deal staying with my existing provider. They are telling me that the broker I signed the contract with won't be…
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Fees have been paid to wrong bank account
Hi I am owed £979 from booking.com for hosting guests over new year -this money was paid to an account called prepay technologies account instead . Customer service told me that there had been outages in Jan which (in my case) obvs replaced my bank details booking.com are a lowest of the low company and I was nothing to do…
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Another business is buying from us in bulk then selling where we sell.
HiI have a product that I manufacture and sell via website. Some times I get people who have shops who want to sell my product so I sell them in bulk at a discounted rate. The problem is are main income is from google ads shopping and we have sold to another businesses and there selling on google ads which is reducing our…
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Desktop or Laptop for Business
Hello! We have an old (9 years plus!) desktop PC which needs replacing. It got me wondering whether just a laptop would be better for us. We need Microsoft for the forms we use. Most of the work is printing off the training paperwork/invoices, emailing. We store a lot of invoices/certificates on the desktop (also use…
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Courier "lost" high value parcels
I'm reluctant to post too many details here but the salient facts are these: - A national/international courier used by my brother's business picked up a furniture item valued approximately £500. This item was meant for another courier. It was subsequently never recovered and my brother was £500 out of pocket - He was…
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Yell - small claims court
Hello, Like many others my partner was conned into signing up for a Yell contract with false promises of x amount of leads etc per week and needless to say that these have never materialised. We informed Yell that we were unhappy and told them we wanted to cancel the contract as they were not upholding their side of…
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Business Insurance
Hi, I'm in the process of setting up a business selling inflatable children's toys to UK customers via a website. The toys are manufactured in China. We have had them tested to EN71 Toy Safety Standards, UKCA and CE markings. Been in touch with Trading Standards and all the relevant people who we need to, to ensure we are…
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Starting my first small business. How do I get a website and email?
Hi everyone. I'm currently completely overwhelmed with the process of starting my first business. I have a clear idea of the service I want to provide, but I need an email that looks professional (i.e., 'me@mybusiness.co.uk') and a website where I can take bookings. How do I go about getting both of those things? I've been…
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New Charity - proof of income & bank details
Hi -Hope someone can steer me in the right direction. I am looking into setting up a new charity. The GOV.UK guidance asks for proof of income and bank details. On the basis that the charity has not yet started I have neither. Do i need to provide an estimate of income? Thanks
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International CHAPS Payment - Bank of England Clearing
Good afternoon - I am waiting for the Bank Of England to clear an some international CHAPS payments, so far it has been 17 Days and I have had NOTHING from the BoE. To date the BoE have not given me any information on likely timelines or anything. All the requested information from the client side has been sent. I have no…
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Need a way to close my company, does not trade but owes Barclays, no funds available.
Long story involving serious poor health (total kidney failure), COVID and loss of premises, I'm still the director of a former garage. Not traded for 2 years, no appreciable assets as we were providers of a service not a product. We owe Barclays for a Bounce back loan, they sent it to debt collection who agreed no assets…
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Packet to France-alternative to GPO
I bought some joint pain tablets to try. They were sent from France, a bit expensive but a 90 day money back guarantee if they did not help. However the instructions on how to take them -twice a day with a full glass of water and a full meal - were totally unrealistic for my wife and I never opened them. I asked about the…
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Sole trader invoices
Can anyone tell me what needs to be on these? The government website lists what is required on an invoice. But for sole traders it also says you must include your name, and an address. But it doesn't explain anything in detail beyond that. Where does your name need to be? At the top of the invoice above or below your…
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Best card payment machine??
Currently have a Paypal machine however am aware this has a higher percentage of fee - we were ok with this as we used it once in a blue moon for one off market/pop up events so this was balanced by lack of a monthly rental fee. We are about to go into a 4 day a week premises where we will be using a card machine much more…
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Small Business - Understanding Costs
Hello, I have recently started my own business and after countless hours on You tube and the web I am just not understanding how this works in terms of margin and VAT. I have a supplier that is giving me a 60% discount off their list price. This is a sample of the costings that I see - So I get the first 3 lines - the…
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No active directors
What happens when a company has no active directors? They are in breach I believe, so are they struck off? How does it get to this point? Thanks
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Tax / Accommodation / Boat
I run a small business which conducts 99% of its work in London. I live 100+ miles from London, so my accommodation, parking, sustenance expense are reasonably high, and ever increasing. With the goal of reducing this expense, I am looking into the company purchasing a narrrowboat, in London, to use as accommodation. This…
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Accountant costs
Technically a micro busines Turnover £525k EBIDA circa £150k 15 employees Been with the same accountant for almost 20 years. I do all payroll and monthly accounts. He finalises end of year and notifies HMRC. He's also able to advise on tax efficiencies. Costs have been going up year on year and currently stand at £4,500…
