Who runs a business and how's trade?

[stonerblue]

Have you considered selling drills, bolt clippers and crowbars? :)

They're old school mate. Just need a pair of mole grips these days

 

[The_Maverick]

I'm in business and nosey so what is the new venture ? :)

Thanks for asking. We’re starting ballroom and Latin dance classes.

 

[pride in battle]

Thanks for asking. We’re starting ballroom and Latin dance classes.

Really ?

 

[The_Maverick]

Really ?

Yes, really. Mrs Mav and I are both qualified Professionals.

 

[Johnny Mars Bar]

I work for a corporate business but will be starting my own business management consultancy within the next 6 months. Appreciate advice from anybody who already works within or owns their own consultancy business….

I left a senior level full time job in the spring to set up a consultancy business and have quadrupled my income. Plus there’s a shitloads of tax breaks and claiming back VAT on stuff etc.

Hands down the best decision I’ve ever made so far.

Of course it could all go to shit but if that happens I’ll just go and get a job again.

Your mileage may vary etc.

What I would say is you might need a few months income set aside to cash flow yourself until the invoice payments come rolling in. And go down the limited company route and register for VAT if you’re going to be selling your services to other VAT registered businesses - a bit more admin but the benefits are worth it.

 

[pride in battle]

Yes, really. Mrs Mav and I are both qualified Professionals.

In your fireman's gear ?

 

[comiskey33]

I run a small painting&decorating firm mainly in the maintence/estate agent sector, touch wood things are pretty good.

 

[Tuearts right boot]

I run a small painting&decorating firm mainly in the maintence/estate agent sector, touch wood things are pretty good.

Many would have missed that but I saw what you did...

 

[Bill Walker]

I left a senior level full time job in the spring to set up a consultancy business and have quadrupled my income. Plus there’s a shitloads of tax breaks and claiming back VAT on stuff etc.

Hands down the best decision I’ve ever made so far.

Of course it could all go to shit but if that happens I’ll just go and get a job again.

Your mileage may vary etc.

What I would say is you might need a few months income set aside to cash flow yourself until the invoice payments come rolling in. And go down the limited company route and register for VAT if you’re going to be selling your services to other VAT registered businesses - a bit more admin but the benefits are worth it.

Do you need a high level of insurance ? I've thought of doing this.
What industry are you in ?

 

[The_Maverick]

In your fireman's gear ?

Err? What?

Think you must have me confused with someone else?