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coming up with a company name
How do you come up with a company name please? I want something catchy, but not too cheesy (if that makes sense) I'm going to do portable appliance testing, but want to avoid using my initials, or PAT in the title? Any pointers or advice greatly recieved
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£2500 to start a business. What could I do?
I recently won £5000 at Bingo, split between my partner and I. The plan was to pay £2500 each off of our credit cards. However, after yet another challenging and soul sucking day at work, I got to thinking how I could perhaps start a small business with my share of the money instead. It’s a risk of course, but at the…
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Could it work? Your thoughts please...
So.....I've dreamt up this 'idea' which I feel could be successful. I understand it's risky to 'disclose your ideas' as such, however everyone on this forum has always been more than helpful so I thought what better place to come. For the gamblers among us, it is relating to SkyBet's Crowdboosting concept. For those of you…
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Advice please on how to keep workload managable
Hi, i am looking for advice on how to manage a diary so that work doesn’t pile up and become unmanagable. Tips would be fab, also key business terms to search for so i can go and read blogs and books on the subject if needed, thank you. Background- this is a small (one person) limited company. The work involves one to two…
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EliteGroup
Hi Guys, I need some advise. I am a small company and have been scammed by elitegroup. I took out a phone contract with them and I used to pay them £11 per month. However, they suddenly decided to increase their charges and my bill went up to £38 per month. I did not realise until 2 months had passed. Anyway they claim,…
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CANVA for newsprint
Hi friends. :-) I currently create all our ads via Canva. Its very good and does exactly what I want it to for social media & our website. I created an ad to go in a professional journal and it has been returned as not suitable. It states "unfortunately it is low res and the ink coverage is to high." [sic] I don't know how…
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Leasing Company Issues
Does anyone know if a leasing company is obliged to write to you to remind you of the fact that your hire agreement is coming to an end and to ask if you want to end the contract or continue with the secondary rental? We took out a hire agreement for some goods for our business and the finance company we used, Tower…
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£1000 trading allowance
I'm aware a sole trader can claim £1000 trading allowance per year but is it only for people who have no other income? Me and my partner both work and pay tax through PAYE. If she were to set up a small craft business would she still get the £1000 tax allowance?
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Advice relating to online payments solutions
I have a new business idea relating to online payments, but in wondering if anyone has any suggestions to the below: 1. Are there any payment providers out there where a customer can make a payment/transfer where only a fee goes to the company/retailer(my companies business account/online wallet) and the remaining amount…
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Self-employment, tax return and pension contributions
I'm not sure if this is the right place to ask this question so feel free to redirect me if I've got it wrong. I'm self-employed and am making private pension arrangements. I understand that whatever I contribute to my pension will be topped up by the government by 25% as tax relief. I'm wondering how this works. Do I pay…
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Should book keeping courses offer follow ups?
Just wondered what you think, just practical business advice that kind of thing.
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Sole trader , complete beginner
Hi , i hope you dont mind me asking for a bit of advice . Me and my wife both work full time , but we have just acquired an ice cream van . My question regards registering with the hmrc regarding tax . I earn about 33,000 pa and my wife about 16,000 pa . i have looked on their website and cannot seem to find out how the…
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Accountant issues
My partner has been working for a year for a Company who when he joined wanted him to be a limited company, which he did. He was given an accountant to use by his company and set up a direct debit to pay the accountants fees weekly. Through the course of the year my partner has found out that the accountant is unregulated…
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Social Club Trustee Question
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MSE Charity celebrates 10 years since giving its first grant - MSE News
The MSE Charity is celebrating 10 years since its first grants were handed out – and nearly £900,000 later, MoneySavingExpert.com founder Martin Lewis says he's proud that it's stuck to its original remit of giving small amounts of money "to where it's most needed"...Read the full story: 'MSE Charity celebrates 10 years…
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Distributable profit and entertainment expenses
Good morning Using the following example, what dividend can be paid from a ltd company? Turnover - £50k Allowable Expenses - £10k Accounting profit - £40k Plus Entertainment - £1k Taxable profit - £41k CT - £7,790 Is distributable profit: A. Accounting profit - CT (i.e. £32,210) B. Taxable profit - CT (i.e £33,210) Thanks
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Thinking of working part time self employed
I work full time but it is only 14 days a month. I am considering working on my days off doing PAT testing (ive already researched and there is a space in the area I live, and I have 2 firends who are electriccians who said they can also put a fair bit of work my way). What do i need to do to allow me to do this, as in…
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How to create a small business lease?
Hi, I'm starting a new business very soon as a portrait photographer. I've spotted the perfect start up spot, on the high street among several schools, lots of footfall. So the property is a must and the rent reasonable. The landlord has agreed to a 6 month rent free period and a slightly reduced rate for the next 6…
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Do I need a LOLER certificate for our lift?
We have a lift in our holiday rental business on the Welsh coast. The lift suppliers are suggesting that we need a LOLER certificate, but my take on it is that it is only for 'workplace' lifts, which it isn't. Has anyone any experience of this??? :)
