We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Small biz MoneySaving

Running your own business? This is the place for MoneySaving questions for small traders.

Directors resigning after short time - genuine reason?
Hi. Hoping someone on here can give me an answer. I've been looking up a company that started up and within a few weeks two out of three directors resigned. The director who is still there was involved with another new company with these other directors and all three resigned around the same time after a few weeks. One was…
Simple excel accounts sheets
Hi, I'm expecting to do some consultancy work this year so, my accounts will be simple, income from one source and expenses. Can anybody recommend a (preferably free) excel based accounts sheet that I can use to keep that will help me calculate my profit? TIA
GDPR breach?
Hi, Quick question. I know companies have a right to pass your information onto a debt collection agency when you're in debt as per your contract... But, if they pass on your details to a debt collection agency when you do not have any debt, is this a breach of GDPR? As they have no legitimate purpose to pass on personal…
Buying an existing business.
Evening all. Hope everyone is well. Does anyone out there have any experience with buying existing up and running businesses please? I've been toying with setting up my own business but have come across a couple of up and running businesses and am toying with the idea of this instead. I have loads of questions from funding…
Online 'fintech' accountants
Just recently started a new business and have decided to look at 'online' accountants rather than the family accountant I've used in the past I know that my accounts (historically and with the new business) are likely to be very straight forward and I won't need much of a personal service. The ones I have found online are…
Commission re Business Rates Appeal
What is the amount of % commission (approximately) do companies charge if they negotiate a successful Business Rates reduction with the local Council?
Small business Ripped off!
Logic vending sold me a machine and put it on a hire agreement it seems although hi was told it was a lease to buy as I would own the machine at the end. Looking through the paperwork there isn any mention of the actual cost of the machine or the APR - obviously covid has hit hard so we have been going through any…
Wooden chairs to donate
Hi, does anyone know if there are any charities (or other organisations) that you know of who would be interested in about 100 wooden chairs no longer needed at a church? I assume not but asking just in case.
PAYROLL GIVING vs GIFT AID
Purely from a tax perspective, is there any difference between payroll giving and gift aid?
Giving away a business !
My father had a roofing business which started in 1978, my brother worked with him from the age of 15 this was back in the 1980s, leaving school in them days early was accepted I guess. The business grew to a real money maker due to there reputation. I must admit even though they charged more for a flat roof customers were…
Selling Pick & Mix Sweets Online
Hi all, At the beginning of this year my wife started up her own wax melt business, and is doing ok. She wanted to branch out and has an idea that will go with her brand selling pick & mix sweets. Where do we start on this? We are going to buy them wholesale and just repackage and send out, but we are not sure what rules…
Old duvets
Can any charities reuse duvet, pillows and blankets? I’m in S Devon. Thanks
Self employed - how to account for tax paid in Quickbooks?
Hi All! I have made my tax payment for last years accounts, and as it has come up on Quickbooks as a transaction to review. Should i mark this as business or personal? There is a business category for tax but this is counting it as an allowable expense which doesn't seem right? Thanks for your help!
Getting an overdue invoice paid!
Without going into too much detail- Husband worked as a subcontractor for a larger building firm on a "per week" basis, labour only. He had to travel a fair way but got offered a long run of work closer to home, so advised the contractor that he was going to go and work on another job. The building firm then arranged to…
Importing an order whilst still on Universal Credits
Hi, I'm not sure if this is the right place to post this question but I just need a bit of advice and I haven't been able to find any elsewhere as of yet! I am looking to make a small order of products from abroad, I'm not currently working and am on UC but it is something I would like to start doing, my question is simply…
Can you scale up business to quickly
Hi, Will admit I'm also just as much curious as about when you should scale up a business, aware that some businesses don't last 2 years. I work for a very small company in a saturated industry in a basic role, whilst it is coming up to surviving it's 1st year, some days busy, others far from, it is not phones ringing of…
Advice please: How to find UK manufactures of a recycled plastics product idea to make prototypes?
Hi, Can anyone point me in the right direction please. I have a product idea I would like to try and make happen. I have had many ideas of the past 20 years but never the finances to go with the idea. Many of my ideas have come to pass but 10- 20 years after I have thought of them and written them down in my ideas book.…
Side Gig - where to start?
I've recently returned to the UK after a few years abroad due to a work assignment. I'm employed full time and a high rate taxpayer. In my spare time, I'm working on starting my own business which involves tutoring others over zoom. Turnover could be up to 10,000 per year to start with if all goes well. My assumption is…
Going self employed
Hi everyone looking for some much needed advice I have just left being an employed hairdresser to self employed renting a chair! I had worked for 15 years in the same salon and just did not enjoy it anymore hence the change! This sounds very silly but I have no idea how self employment all works, could anyone please advise…
Small Business / Post Run / Pinged by Covid App
I run a small online shop sending items to customers with a trip to the post office each day. I have been pinged by the Covid app to isolate for ten days as I have been in the company of someone who tested positive. I want to continue sending items to customers promptly, but don't want to use Hermes/gig couriers as my…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Martin Lewis: How to call your bank with just three digits – as 'anti-scam' phone number called over a million times
One million calls have been made to the '159' anti-scam phone number since its launch in 2021, new figures reveal today (Wednesday 30 April). MoneySavingExpert.com founder Martin Lewis – one of the well-known faces most used in scams – explains how to call your bank by dialling just these three numbers.
Revealed: Holland & Barrett's supposedly cheaper 'Subscribe & Save' often costs more – it's promised a review after our investigation
Holland & Barrett's 'Subscribe & Save' scheme claims to offer regular shoppers "the best value" – but it failed to do so in the majority of cases MoneySavingExpert.com checked over a five month period. The retailer has now promised to review the scheme after our research found it was often more expensive.
Don't get your passport by post – 360,000 paid more than needed last year
If your passport is due for renewal, apply online if you can – it'll save you £12.50. More than 7 million Brits did just that last year – but over 360,000 missed out on savings by using a paper form instead, MoneySavingExpert.com can reveal.
Sainsbury’s Bank customer? NatWest takes over this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Chase customer? Check if you can get its newly boosted 4.8% easy-access saver
If you've got a Chase account, check if you can boost your easy-access savings to 4.8% – made up of a 1.8% AER fixed six-month bonus plus its standard 3% variable rate. Chase says over 2 million customers can get the boost, which would top our normal savings tables if it were open to all, though it's beaten by the top easy-access cash ISAs.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Martin Lewis: Is the £20,000 cash ISA limit about to be killed off? What savers should be doing now
Plans to cut the £20,000 cash ISA limit later this year are being considered by the Government. In his latest video, MoneySavingExpert.com founder Martin Lewis explains what's likely to happen, what the changes would mean for savers and what you should be doing now.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from 1 May. For most, this means little change for now as the Sainsbury’s brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, you'll need to move any excess elsewhere to ensure your cash remains protected.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
From Thursday 1 May, Sainsbury's Bank credit cards, loans and savings accounts will be run by NatWest as part of a deal between the two banks. You'll be moved to NatWest in the future, likely towards the end of this year, but for now the Sainsbury's Bank brand will remain and you can continue to use its products and services as before.

View All

Small biz MoneySaving

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Small biz MoneySaving

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free