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How to value shares issued in new limited company taking over sole trading business
We are converting a sole trading business of 10 years standing into a limited company. We shall issue shares to ourselves to the value of the sole trading company. Most items I am able to value using standard recognised procedures however I have trained up a number of freelance workers who are of considerable value to the…
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Publishing agent for a new book
Hi. We are currently developing a new book that we would like to be published. Our idea is coming together but we are unsure where to look or who to trust when it comes to publishing. Just wondered if anyone here has had any success or failures which could help us get the best from our first published venture Thank you Tony
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Importing Craft products from China like Sewing Buttons, Cotton Tassels, etc. EU REACH Laws
Hi, I have read up a lot about the REACH Regulations for importing goods from outside the EU, but I don't really understand them. Does a finished article have less than 0.1% of the restricted chemical in it for it to REACH compliant if you import more than 1 tonnes of goods into the UK each Year or even if you important…
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starting a business and apply for funding
I have an Idea for a community based project and want to obtain funding to get it going. I have created a module for it and I've done some research and contacted my local council regarding funding, (advised I would need to register as a charity or non profit organisation). but its all a little confusing. can anyone please…
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Free payroll software for Mac?
My husband has had real problems finding a way of managing our business’s payroll on a Mac, the HMRCs software only allows him to input new data. Can anyone recommend any inexpensive software that can help him to do this? Thanks.
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Online Raffle for Charity
I'm looking to do a raffle online where over 21 days there will be a prize drawn each day to raise money for charity. I've seen a couple of posts although these are from 2009 about not being able to do this legally due to gambling laws. Is this correct? I was hoping to do this online so that I can capture a greater…
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Small business start up loans
hi, i'm after some advice, my partner and i run a small pick and mix business, we currently rent a small Kitchen area and have a shelve to sell our sweet boxes on in a shop in town. we do home deliveries, and offer a custom box's and gift jars, with over 40 different sweets in stock. we would love to have our own shop and…
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Delays opening HSBC business account
Hello everyone Is anyone else experiencing delays opening a HSBC business account? Am only asking for an account and whatever credit they'll give me ie a credit card or overdraft. No BBL as a new small business. Application confirmed through fraud checks on 7 July. They advised need to do credit check again as previous…
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software for small business
My husband has his own small ltd business and I do the bookkeeping using Sage Instant accounts. I hate sage, and am looking for another software to make my life easier. I was looking at Bokio, but It still seems hard. Our accountant said about keeping spreadsheets. Our business invoices for services, so looking at a simple…
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Issues with my business and the bank
Has anybody else had a similar situation. On our property portfolio we now only owe £365,931.00 to the bank for loans taken out to buy properties. These properties are now worth £1,030,000.00 and that is the lowest valuations. We have asked them to release 1 property that is part of the portfolio as part of a divorce…
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Card Merchant fees
I find there whole merchant card world very difficult to navigate as they make it very confusing with card fees (0.4%)/transactions fees (1p) /pci fees(£5)/termianl rental fees (£20pcm). who is the cheapest for a shop turning over say, 150k with an average spend of £15. I think most people (90%) pay with a debit card and I…
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Bounce Back Loan Extension?
Does anyone know whether the bounce back loan scheme is likely to be extended beyond the current deadline of 4th November? I've just had a mortgage offer but Covid-19 put my house move back to January so I don't want to take out the loan before then as I don't want it to jeopardise my mortgage offer. I'm not desperate to…
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Sole Trader Business / Personal Vehicle, Sub Personal Allowance, Non-VAT - Any Incentives?
Hi all Well, my 20 year old car is about to meet its end, it’s served me well! I’m a self employed sole trader, not VAT registered, and rarely make a profit over the personal allowance threshold. I’m looking at a replacement for my car that will be useful for me in business and personally. I would say the split in usage is…
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Company refusing to refund fee for trade show stand which is now a "digital event"
MOVED FROM CONSUMER RIGHTS BOARD: Back in Jan my micro business paid £2750 + VAT for a stand at a trade show due to take place 1st April. the terms were clearly laid out as a 3x2m stand, fasica board and so on, along with a handful of extras. Unsurprisingly, the show was postponed (to Sept). They have now stated that they…
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sales procurement advice needed
Hi I know that charities and private sector companies such as Scottish power, Cancer research and Oxfam use marketing companies / agencies who have reps stand in the high street to solicit donors. Where can one find out how to tender for theses contracts - as well as the more private sector ones? Thanks in advance for all…
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General Form of Judgement or Order
Hello all hope you can shed some advice. We had a shop that was a lease hold but then the owners took it back. 6 months later they billed us for wear and tear and have plans to convert the shop to a house. We then received a General Form of Judgement or Order confirming application for ^3rd party debt order dismissed ^.…
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Ecommerce Business Address help
Hi, i am about to start online shop for clothing . I am new to all of this. I need advice. An address is required for starting a business and i am renting and landlord didnot allow to use his address. Is there any way to buy a address? I need address for customers returns etc.please guide me.
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Company shareholder - Cash Call request
I suspect this is quite a niche question so not sure if anyone will be able to help, but having done a quick Google I can't get a clear answer on this. My father was a 50% owner of a business and last year that business was sold. As part of the sale agreement my father retained a 10% shareholding. At the beginning of the…
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copyright book on Amazon
Hi , I wrote a book about 4 years ago but did not copy write protect it now someone is selling my book on Amazon and has refused to release the book. I contacted Amazon but they wouldn't take it down unless i provide the copyright ownership. Could you kindly confirm how i can tackle this situation? can i still copyright my…
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Chasing Unpaid Invoice from US Client
Hi everyone, I am seeking some information and guidance regarding chasing unpaid invoices for work delivered by my UK Limited company to a US-based investment fund. I work in the consultancy space and have a contract with the client, which states very clearly that all invoices are to be settled within 28 days. I also have…
