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Which e commerce hosting site is best for low value items?
Hi all, just after some advice, I need to set up my own e-commerce website, I currently sell on Etsy, which obvs has selling fees etc. My items are of small value (starting at £4 each) which website builder is the best & cheapest fees? I’ve looked at Spotify, but think their prices are too much for my products? I have over…
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Looking to buy my employers business, help!
I currently manage a café, and have done for 11 years. The owner is looking to retire, and has offered to sell me the business. I'm very interested, but don't know where to start. Any advice at all would be gratefully received
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Setting up a small business - do I need an accountant or online tools
I retired from the NHS last year. I have set up a part time consultancy and operate as a sole trader. This will bring in a small additional income (approx £15k pa) . I had planned to submit accounts myself using self assessment. Is it worth using an accountant instead? Or a digital tool like Quick books? thank you
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Paying for business banking - am I being a tight wad?!
I run my all small IT consultancy business, a limited company with my my wife and I as Directors. My current account is with Starling, and I am super impressed with them and the service they give. For various reasons, I like to have a separate account that I transfer some cash to each month to cover the tax bill. Ideally…
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Taken on rent of extra building - will we pay rates on it?
We currently rent a small office space in a village. It comes with an old stable around the corner as storage space. We qualify for full rate relief. We have just taken on a larger barn opposite the stable. It's not much extra and, combined, still falls well within the full relief threshold. The barn is listed as storage…
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Accounts package similar to Quicken
I am self employed and also have some lettings properties. I have used Quicken for years and years for book keeping allowing me to easily keep track of my income and expenses and then to be able to print out a categorised report to hand over to the accountant who fills in my tax return. However it has now stopped working…
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Tax help for a small business
Hello, I wondered if there is any way I can speak to a tax specialist for small businesses? i don't need an accountant as such, but need advice on paying tax. I am a partner in a small business which is a Ltd company. We pay ourselves through PAYE, but it is under £12,000 which is our tax code threshold. The company has…
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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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Non Essential Shop - lockdown closure - which multi-platform ecommerce site is best to use?
Hello I've had to close my small independant card/gift shop due to lockdown. I'm being encourage to set up an online selling site, but I have no idea which of the ecommerce sites are best i.e. ease of use, monthly costs, selling fees etc.. Is anyone able to help shed some light on this for me as I am a complete novice when…
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Are there grants for start ups?
Hello Im unsure if this is the right place for this, so apologies if not. A friend and I are researching starting up a little company but we probably require £2-3k to set it up. I was wondering if there are any grants available for this? thank you
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Bounce back loan for nationwide customers?
Hello I have bank account with nationwide, then don;t do any business account. Anyone had any luck getting Bounce back loan having only Nationwide bank account. which bank would accept me to open business account? Thanks
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£200 - Monthly cost for a good account for a small business OK?
Hi Guys, I'm a partner in a small startup business, there are 3 of us currently but we are doing well so we've gotten to the point where we need someone to do our accounts properly. We've been quoted £200 a month for someone who is very trustworthy and qualified, plus he has worked with us in the past. He will be mainly…
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Commercial property class uses for bottle shop.
Hello! just wondering if someone could help me with what class use I would need if I was to open a bottle shop. Within the shop i would be both selling bottles and cans both through online means and through the store to be consumed off premises, and also having a few tables inside for tasting, drink ins etc. I understand…
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Share of costs for a commercial lease query
Hi I know the exact answer may not be possible without seeing the lease, however we have a commercial property, ultimately being one building which has since been split into 3 individual units. One of the units has had an issue with a roof area which covers their part of the property and so the property agents organised…
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Sole trader - am I doing it right?
Hello fellow savers My wife last year started a small activity from home that brings in some 8-10k/year. I now want to formally register it so she can start paying NICs to be eligible for state pension in many years time (she has never worked since she moved here - she has settled status). Having read gov.uk it seems to me…
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Home office ideas?
I am looking to set up a new home office / studio in an existing room. Where to begin? Interested in ergonomics and cost. Furniture budget (desk, chair and desk light is approx £500 - £1000) Ideas welcome
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Partnership agreement document - need some opinions/advice
Good morning, My business partners and I are in the process of drafting up a business agreement (attached) for our new business venture. Due to the nature of the relationship between 2 of the directors, it has been agreed that one director will have a greater vote on the financial decisions and any other decisions that…
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PAYROLL GIVING vs GIFT AID
Purely from a tax perspective, is there any difference between payroll giving and gift aid?
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Help with Mail/Parcels
My business has started to pick up and we are now sending 200 large letter parcels a day (£1.15) and 20 small parcels (£3.80).Currently Im using stamps and with larger parcels using parcel2go, typing each address, printing and labeling. Then driving to the post office and newsagent to drop them off.Which can take maybe 2…
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New Business
Morning all, I’m hoping to get some advice. I’m starting a new business in the next 2 months. I’m expecting this to bring in approx £1,000 per month, with the payments being made through PayPal. Alongside this I have a full time job, which pays approximately £40,000 per annum. My biggest question at the moment is around…
