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Leasehold Business

The length of the Lease when buying the business is irrelevant really - the 180k (as mentioned above) is effectively for the business and its assets. The Lease may have some value but not very much. What you need to do is assess the Lease and your requirements. At the level you are buying in at there is some risk and you will need to trade for a relatively long time to ensure the return of all of your monies. Therefore, I would recommend saying to the Landlord we are buying the business from your existing Tenant - we want the existing Tenant to surrender its Lease on completion and then for ourselves to be granted a new Lease of X years on completion.

It is then up to you to negotiate terms.
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Taxed on expenses - PAYE

MyAccountantOnline
pbdesigns said:
Hi,

I'm just doing my wife's Self Assessment return (I know, very early!).

She was previously earning additional self assessment income, and we now only do the return because of her professional fees.

For one of her employers, all her mileage allowances have been taxed by the company. Surely that's not right, being an expense? Seems odd to be taxed on an expense, and for it to be treated as income. What needs to be done to fix that?

Thanks!
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What mileage allowance was taxed?
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Sole Director resigned from company with CCJ

Mark T Jones
Seriously, what you can do and what you should do might be quite different

How much time / energy / money do you wish to put into this?

Pursuing an individual on corporate matters can be very tricky and, being blunt it appears that this individual is rather slippery.

I don't know what financial sums are involved but unless you have the time and energy to pursue it on principle you might be best just chasing the company for the CCJ.
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What is and isn't acceptable to use in a new business name?

I have a business and that business has a name. The name is not unique. There is a furniture shop, a theatre, a recording studio, a bar and an IT company by that name (and possibly loads of others as well).

BUT

The name is unique to my type of business. If someone opened a business in the same field and used the same name, I would be forced to hit them with litigation and do so as hard and as quickly as possible.

The list you have given for Dark Star is, therefore, also a list of about 50 things that you cannot do with that name, such as a comic book, a novel, a film or a video game.

You could, however, publish a song by that title, as the song title has been used some 12 times and whoever was first failed to litigate to protect their song title.

Chances are, you are OK with that title, as it has been used for so many odd things and so often. But you would find out if it is OK soon enough if you do use it - depending on how deep the pockets are of whoever wants to protect the name.
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Not received first paycheck yet

Graham Tyers
Newchodge said:
Was it as exciting for your staff? :D
On a serious note, if that happens again and you want to run the figures past me, feel free to just ask.
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Thanks - there were a few I didn't cock up, so I took that as a success on the whole. Not having done payroll for 25 years it was quite an experience.

The next time it happens, I'll definitely be in touch.
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Business Software

F
There is also the pay-per-server pricing model. One could rent a $10/month DigitalOcean.com droplet, and on that host ERPNext.org. Does ERP/CRM and should work for ~10 users.

Edit: ERPNext.org is free opensource software. They do offer hosting themselves too, but the idea is you can download their software completely free and put it on your own server. This is best as you own your data entirely + the server is closer to you, so it's faster.
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Learning Agreement - can you help?

paulears
The problem seems to be that it's paid for training, not on the job training, and needs to be verifiable. If so decided to pay to get your staff their HGV licences, it would be reasonable to protect against them getting many thousand pounds worth of training, that they have in their name, and then clear of to work for somebody else, using your money! Other training is really just on the job training. If you are going to consider charging it back, then it also has salary implications. Was it a benefit in kind (presumably yes, if it was not charged for, and is transportable) so should this not have been 'removed' from their pay for calculation purposes? It also needs to be communicated to them when it happens. "You are starting a course next week, and you may have to pay £2300, which is what it's costing us, if you leave within X period". You can't send them on a course and then tell them about the £2300 when they decide to leave, and you invoke the clause. What happens if you tell them they're on a course worth £2000, with the leaving implications, and they say no - they will stay as they are, thanks? If you make a course compulsory, then it can't be charged back - because it was your choice not theirs?

Difficult. If you need a first aider, somebody has to go on the course. Is it then fair to charge that back - because it is a benefit to them, but also a benefit to everyone else.
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Negotiating on quotes from manufacturers

MOIC
My advice is to do the following:

  1. Get a written quote including all components and materials used.
  2. Compare both quotes in detail.
  3. When negotiating a reduction in cost, ensure that the spec in the written quotes are the same.
  4. Ask for price breakdowns for Qty A, Qty B, Qty C - often factories will reduce their prices based on your order quantities.
  5. Tell each supplier that you will pay for all tooling costs (if this is feasible) in order to have the product price reduced when you order. You will need to see if this option is favourable to you.
It's often the case when negotiating the price down, the supplier may omit or use different/cheaper components.

Ultimately the price agreed must leave you with a profit AND the factory with a profit.

Good luck with your negotiations!
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Assemblers/manufacturers-UK/EU

S
Hi Scott,

As ADW mentioned the more info you can provide to a manufacturer the better. If you don't have any design experience, simple hand sketched drawings of what you want would be fine. It sounds like you have a pelicase set-up for your current prototype and therefore should be a simple-ish integration. Depending on the manufacturer, some companies have in house CAD teams that can help formalise your sketches into 3D models or engineering drawings to save going to a separate design engineer.

Depending on the material you could try local fabricators (welding and sheet metal workers) if you'd like to use aluminium or steel, etc to keep the screen in place. Or if you're thinking plastics then a transforming/plastic specialist or precision engineering company could help?

UK manufacturers are helpful and if you're local it's always easier to drop in an take your prototype to them.

If you're looking for a sleek product maybe look into industrial designers?

Let me know if you need help.
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Tupe rules

Newchodge
Why would you withhold a week's money months after he changed? Your payroll has cocked up somewhere. I would also suggest that the way to deal with your expectation that he works an additional week without pay (which is, effectively what you are doing to him) is to make an interest free loan of the week's pay that is repayable when he leaves.

How do you expect him to pay his bills when you have taken a week's money way from him?
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questions

R
MRW said:
To be totally honest I didn’t deal with peoples pay, but I know he was payed through the cis scheme.
he was an “installers mate” he was free to work for whoever he wanted, and some of the installers and mates regularly did there own work...although we provide them with full weeks work if they want it, they had guideline hours (for customers benefit) but never worked the full day and finished when they felt like it, he was also required to provide his own tools and the installer was the one who was responsible for what he was actually required to do each day.
Most of our industry is employed this way a very “grey area” ?
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If he regularly did his own work, he sounds like he was self employed.
An installers mate Id say is a labourer / improver.

It is a grey area, I suppose younpaid him day rate or per hour rather than he quoted for each job. However It seems to me the guy is trying it on.
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