I am interested in preparing myself to act as a sole trader - I have something in planning which will raise some capital, but then I want to become quite literally a trader - buying/selling/arranging inland transport and import/export of goods, buy cheap sell higher with an emphasis on quality of goods and a high level of service - nothing too complicated. I have access to a storage facility+ a contact who has agreed in principle to assist in the running of operations. I am not quite ready to start this yet and wonder if there is a way of "setting the scene" so that I can hit the ground running. Advice heard previously was to ask questions of those who have been involved in similar operations for at least five years where possible. I am and always have been a grafter, have done 96 hour weeks before now so I'm not scared by multiple commitments. The floor is open, I am in the early planning stages and don't think I could borrow from the bank for this sort of thing - any loopholes?
Catégorie : Small Business
Par : Big Dave
| What is the lowest age you can set up a sole trader company in the UK? What is the minimum age at which you can legally set up your own sole trader company in the UK? Catégorie : Other - United Kingdom Par : Sam H |
| How does pay work for phtographic models ie does the client need to condsider tax or ni as a sole trader/Ltd? Is it the models responsibility? As a sole trader can you just pay and not worry? How does this change if I need to become Ltd company? If they are not from an agency, ie freelance - how would this differ? Is there anything else to consider? Catégorie : United Kingdom Par : snurge |
| How can I resove a big problem with a rouge trader? I have had a path and patio layed by a rouge trader - I have had numerous problems such as rocking slabs, high slabs, Broken slabs - not to mention that every single slab is stained with cement. Having not payed the trader he initally threatened me with court action. Following this I had an independent report produced which showed 22 serious problems with my path and patio. All went quiet for about 2 months but back in December I recieved a call from an unlicenced debt collector threatening to come and rip up the slabs unless I pay. Fortunately trading standards put a stop to this guy. 2 More months have passed and nothing but I am really concerned that their is an outstanding debt and I still have a dodgy path and patio. I want to get the work done again but I am concerned about the outstanding debt - even thought the job is completley indadequate. Does anyone have any suggestions how I can close this matter? Regards Simon Catégorie : Other - Home & Garden Par : Simon |
| Are the liabilities that a business can incur the same for a sole trader and ltd? I'm thinking of registering my business ( which I have operated as a sole trader for years), as a Ltd company, and want to know does one type of business have more potential liablities than the other? Catégorie : Other - Business & Finance Par : morning light |
| Please can you tell me the advantages of becoming a Limited company over a Sole Trader? I am looking to set up a business and would like to know if it would be advantageous to set myself up as a limited company as opposed to being a sole trader? Would there be any benefit from a tax point of view? If I am the only director can I also be an employee? Any information would be appreciated. Thanks Catégorie : United Kingdom Par : fodigie2004 |
| What is the typical GP % for a sole trader plasterers a/cs in the UK? I have been out of small practice for a long time and now am doing my husbands first set of accounts for his new business. He is a sole trader doing plastering for domestic customers. His record keeping isn't great and I am currently getting a GP % of 72.54%. Catégorie : United Kingdom Par : vbzoom |
| What are the differences in setting up a company as a sole trader or a limited company? I am setting up a small business, for the time being it will only be me working for the company, but I will need to employ people within the next 6-8 months. Are there tax advantages to setting up a limited company? Also as a sole trader would I still need to register my company? Catégorie : Small Business Par : Lupee |
