Starting up a business. What do I need

Hello! I hope this is the right section to post in!

I realize this is a fairly broad question but any help or pointers in where to get the relevant information would be great.

So we’ve just bought a 1982 sprite alpine caravan. I’m planning on doing it up to make it a cute vintage style caravan that we can use for weekends away. I’ve since had an idea that once done up I’d also like to hire her out as ‘a wedding prop’. I won’t be providing a particular service, more of a drop off for the day then pick up later type thing. Hirers could use her as they wish; photo booth, to serve welcome drinks from, sweet van etc. my question is, what sorts of insurances and licenses etc do I need? 🤔 Also any other tips such as any type of disclaimers or contracts I’d need drawn up!?

Any help on where I can find the information I need would be fantastic.

Thank you!

Comments

  • Mistral001
    Mistral001 Posts: 5,397 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Best to go on personal experience. Hire a similar vehicle for the day and have a look at the terms and conditions and any disclaimers they have. Ask about insurance needed etc. I would not copy their terms and conditions but use them as a basis for what you need to know.
  • tacpot12
    tacpot12 Posts: 9,156 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    You need business public liability insurance - a good insurance broker will be able to find you a cost-effective policy.

    I can't see much benefit to employers liability insurance, but ask the broker if it would be available, and at what cost. They should be able to guess what sort of risks you and your partner will face personally when moving a caravan to and fro.

    You will need to tell your motor insurer that you will be using your car and carvan for business purposes - if you are going to deliver the 'van yourselves, which is likely because few customers will have a tow bar if they don't already have a 'van.

    You probably need theft & accidentally damage insurance on the 'van that covers it for business use. The broker should be able to help.
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
  • tacpot12
    tacpot12 Posts: 9,156 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Licence-wise, your driving licence needs to allow you to tow the van, and you need to register as self-employed with HMRC.

    https://www.gov.uk/log-in-file-self-assessment-tax-return/register-if-youre-self-employed

    You may need a business bank account (buy try to use a personal current account if the t&cs don't prohibit business use) and you may want to have a card machine to take payments,
    e.g. iZettle.
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
  • lindens
    lindens Posts: 2,870 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    maybe consider offering the service for free as a test run for a couple of weddings. you can get some nice photos from it for your marketing, get them to leave you a review etc
    you will probably need a business plan too, and always good to do one anyway to see if its viable
    You're not your * could have not of * Debt not dept *
  • lincroft1710
    lincroft1710 Posts: 18,656 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If i'd spent time and money restoring a near 40 yr old classic caravan, the last thing I'd want to do would be to hire it out for wedding guests to use as they please!
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • edgex
    edgex Posts: 4,212 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Cute vintage style...
    for a caravan from 1982? I could understand if it was pre 70s

    Might want to have a read of these
    https://www.practicalcaravan.com/blog/category/4724-me-and-my-caravan
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    edgex wrote: »
    Cute vintage style...
    for a caravan from 1982? I could understand if it was pre 70s

    Might want to have a read of these
    https://www.practicalcaravan.com/blog/category/4724-me-and-my-caravan
    totally agree

    obviously a business idea has to be formed and tested, but I really struggle to see why a wedding would pay for an "object" to be available for "use" when they'd then have to pay someone else to use it for the purpose it is being marketed for.

    a wedding would just employ a professional events company to provide whatever it is they want as a single package: changing room, photo booth... inside a caravan ... at a wedding .... how .... "tasteful"????
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