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Buying Out Shareholders in Ltd company
Hello, I'm hoping you can share some advice / experience please. We (couple) own 50% of a business with family members who are waiting to retire and sell the business. The business is a limited company and has been trading over 20 years. There are no big assets other than small stock level, vehicle and tooling (factory /…
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Angel investors
Hi guys have a small one man business which I have boot strapped for the past 8 months however I wanna expand faster and into more spaces currently I have a website that sells my product to the public. I have turned over 19,000 from the start and only invested 500 at the start of my business. I have looked at angel…
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Do Trading Hours Laws apply to businesses other than shops?
Do trading hours laws apply to business other than shops, in particular; gyms, sports centres and swimming pools? The Gov.UK websites mentions shops and law surround opening on Sundays and Bank Holidays but do these same rules apply to other business types? In particular I'm looking at whether a small sports centre…
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NatWest business bank account - close and keep credit card?
Hi - my partner has a NatWest business bank account and a NatWest business credit card. I know you have to have the former to apply for the latter, but if she were to switch away (for instance, to avoid paying £5 a month for a poor current account...) would she have to repay the credit card immediately and close it? Edit -…
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The Charity shop that's not a charity shop.
Looking for opinions on an idea I had during one of my productive bouts of insomnia! I am very proactive when it comes to community issues and live in an area that has lots of groups who do great work with very little help from grants and funding etc, they range from community gardening to food banks and community kitchens…
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Registered as a director at companies house, but want private info removed
I just searched my name on google with the name of the town i live in and my details- name, address etc came up easily on Companies house. I registered as a director to manage the block of flats I live in with three other people who live here. I'm worried someone might find me- stalker or someone after me from the address.…
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Should I buy into Window Cleaning business
Hi folks, I have been asked to buy into a long established window cleaning business and wanted to seek some opinions or ideally informed advice. There are a few questions which I have been advised to clarify but the one on which I’m looking for your help is the investment and return situation. The company has been in…
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New Business Accounting System
Hi all We have just set up a new ( very small construction ) company. I have found WAVE which is a free online bookkeeping system. Has anyone heard of it ( reviews seem ok ) I have put the entries in but cant get the VAT return to make sense Struggling a bit to start off Any thoughts or recommendations please
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Unsure how to proceed
Hello people, Basically I'm very much a "how's business?" "Yeah, fine. it's afloat" type guy no matter how the week has been, maybe everyone is actually but that's why I'm asking here instead of a family member/friend. I've been self employed/small business owner for the past 4 years, things have ticked over and bills get…
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Buying a business finance
Hi I'm looking at buying a business but I need finance where the best plan for this?
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Legality of seeing patients at my office
Can anyone advise please. I am a registered therapist. I'm currently looking to rent a commercial property in central London in the hope to have a small office but to also see patients there. No one seems to be able to clarify whether this is ok from a legal standpoint - can anyone advise?
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LTD Company in the UK, but living abroad
Hi All, I left UK last year, but would like to still pay national insurance contributions to continue collect years for my pension. I was self -employed, but know it is agains the law to live and work abroad and continue to be self employed un the UK. I want to ask: is it legal to register a ltd company in the UK (i can…
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i c o
Had a letter delivered to our accountants for our Ltd Co from i c o wanting me to subscribe. Does anyone have any experience? I'd never heard of them.
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Wage slip Generator
With only 5 employees I use HMRC basic tools each week for wages. I need a good wage slip generator that is either free or wont cost a lot. I used this link https://disabilitytaxguide.org.uk/paying-wages/reporting-paye-in-real-time/rti-software/hmrc-basic-paye-tools/payslip-tool But it produces PDF and not enough info as I…
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Mail Boxes and Virtual Addresses
Hi All, I have just started up as a Ltd company. I don't like having my home address as my correspondence address and I am keen to find a business address in London (mainly light use - vast majority is online). Nothing elaborate - mail forwarding as and when. I don't want a PO Box. Does anyone have recommendations or…
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Business Rates and RVA Surveyors
Anyone have any experience with RVA surveyors? In need of advice. Entered into contract and now don't know what to do. Thought they were going to charge a one off fixed fee but turns out its a five year contract.
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how do i start paying tax / do i need to?
Hi - around september i started working the odd weekend as a dj for £100 a time - on average i get 3 gigs a month. they get me to invoice them at the end of the month and pay me £100 per gig and a bit on top for petrol. I know i need to pay tax (or do i? - first £1k free??) where on earth do i start - do i need my own…
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Invoice from India
I have a limited company registered in the UK. Recently, we plan to do some business with Indian freelancers. Is it ok to accept an invoice from India? In India, a private person can also provide service and issue an invoice even if he does not have a company registered (with income up to 20 lakh yearly). I was wondering…
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Business or company credit
Does anyone know if makes any difference getting credit from suppliers if it is a limted company? The business has not started so we could set up a company. Having done a credit check on the business the score is low so wonder if it is better to set up a limited company before starting a small business.
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Website for local business
I have a domain with 123 reg and want to build a website 2-4 pages just with information photos and a contact form/page. I am reasonably good on a computer and wondered if I should build it myself and to what extent? I have heard wordpress is free and open source but may take time to learn. 123 reg have a website builder…
