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Me and partner number 2 are opening a takeaway restaurant. It’s a new concept and we have investors ready to help us either franchise or open multiple locations if we can make this 1 a success.
We have a 3rd partner who is coming on board to help with the first restaurant.
How can we prevent...
I did think that but how do I actually turn customers away. My trade is from local customers and what would happen in 2 months time when these customers have been trying to come in and find I'm closed. I wouldn't want to lose them to a competitor
How would everything work as in how I'm running the business? Bank account etc
I don't think there's a long future though especially with Apple repairs. Every year repairs are becoming more costly which doesn't help when Apple themselves are carrying out repairs fairly competitively too.
For the time being yes. I have a mortgage to pay and I'm comfortable. The phone repair business is a dying service though so I feel like I won't be here in 5 years anyway. However if I was still here in 5 years then no, I wouldn't be happy with the current earnings
That's what I'm stuck thinking about.
I could register for vat using the flat rate scheme but I'd be down about 10k for the year paying vat. I would therefore need to grow just to cover this which is easier said than done. Say I do manage to take more repairs I wouldn't be able to cope by...
Hello everyone,
I'm in my 3rd year of running a phone repair business. I'll be turning over 100k this year so need to register for vat.
I had a meeting with my accountant yesterday and if I were to restrict sales by taking 2 months off from work I could avoid having to register for vat and...
Firstly, this would be the first time I'd be doing something like this so I'm not sure on rates/procedures etc myself.
I run a postal repairs company specialising in iPhone, iPad and iPod repairs. I need a cold caller to call schools/businesses and find out if the pupils or staff use iPads...