Help with website buisness

borders_dude

paulwf wrote: »

Call Business Link and go on their free startup courses (if the government hasn't cut them yet).

This is only helps if you are in a part of the UK where they operate, for example if you live in Scotland or Northern ireland its a bit cheeky to think they would let you go on one of their courses.

indierocker85

borders_dude wrote: »

This is only helps if you are in a part of the UK where they operate, for example if you live in Scotland or Northern ireland its a bit cheeky to think they would let you go on one of their courses.

They operate in my area. I am going to look into them

indierocker85

Can anybody confirm what you do with regards to tax? As if I haven't yet begun trading, how do I estimate my income?
This is a bit worrying to me

Mahmood_Reza

Consider what your revenue streams are and what influences the levels - no information is provided. For example are fees based on a fee per affilate sign up, commisson, advertising? You need to consider what is the likely (and realistic) numbers of (say) clients and multiply by the fee per client. Is there a relationship between volume of business & price you are charging, what is your current capacity, what does your informal/formal market research say, what about competitors?
Effectively any estimates will be based on a mix of assumptions you make, any history, research, market need, price points - any estimates that are made shoud be subject to a basic what if scenario, eg if income drops by x% the impact will be....