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Unfortunately there's a lot of misinformation being spread where it comes to the subject of due diligence. This is partially due to ignorance (many people fail to realise that performing due diligence on a £5k/year blog is a bit different from performing due diligence on a £500k/year online...
I've been asked that question many times and my answer has always been that you should take a loan, *unless* there are additional benefits in getting an investor involved (more on that later).
There are various pros that a loan has over an investment, mainly:
1) No bank will give you a loan...
Why not take the "safe route" and accept one of the job offers that you have, whilst starting to work on your own business in your spare time?
This way, you can start building your own business slowly, without risking with anything significant should it turn out not to work, and once you've...
I second this fully. I came across this short blog post recently - http://www.qualitynonsense.com/4739/nobody-gives-a-damn-about-great-idea/ - give it a read, it may offer some good insights.
On that note, having an idea and being able to execute the idea are two entirely different things, so...
Not really, no.
Whilst there certain truth in that .co.uk sites tend to rank higher in the UK than .com sites, based on my experience the difference is minimal.
With that said, if your main target market is the UK then it would still make sense to set up a .co.uk website / domain name...
No, not at all suggesting that. There's nothing wrong with you owning more than one site.
The only reason why I suggested keeping the sites in separate hosting accounts is that you would then benefit from the fact that one site links to another and it would potentially help the other site climb...
What you may want to do here is make sure to keep the sites on separate web hosting accounts, as this way you won't lose the SEO juice that your site will provide to the newly acquired one. If you host the sites out of the same hosting account then there will be no SEO benefit as Google will...
This is one of the biggest rumours on the topic of quality score.
It is not true, has proven by several people (Google for it) not to be true and could never be true because of the same reason you mentioned above (it would be way too easy to game).
If you really got this information from an...
Further to the (excellent) advice above, I highly doubt anybody would pursue legal action over £10, first and foremost because doing so would cost them several hundred times that amount.
I second that.
Over the last 5 years or so, web design and development has become an extremely competitive industry, mainly due to the incredibly low barrier to entry and an increasing number of people in the world having the skills required to design and build sites.
Because of this, any...
There are several companies providing "virtual office" services where they'll provide you with not only an address to use as your registered address, but one that you can use anywhere, coupled with mail and package forwarding.
Just google for "UK virtual office" and you'll have tens and tens...
As long as you haven't signed a non compete with your previous employer and they don't have a valid patent on the products there is nothing stopping you from competing with them.
Take a look at some job boards and see what's being offered.
Generally speaking, there's a massive lack of IT workforce in the UK so assuming you have experience and can prove it, you should be able to find yourself a decent position quite quickly.
Your best bet is to either:
a) Speak to a domain broker;
b) Consult domainer forums (although over there you will often be quoted the resale value, rather than the end user value)
c) Take a good look around previously completed domain sales (much of the data is publicly available) and try to...
Exactly.
Even if you lack capital, if your plan is really as hot as you've made it sound then you should have no issues borrowing the few k it takes to get a good site done. No point in giving away equity to a web designer. You'll regret this in the future.