Recent content by GazNicki

  1. G

    SaaS Businesses - No Tech Skills - No Cash - How to start?

    Knowing the language in most cases is just the start. A bit like driving really where you learn more doing than you do initially. There's a load of resources online where you can get the answer to almost any coding question for free, but the compiling, testing and fixing is more where the time...
  2. G

    Limited Company or Sole Trader?

    Good point. I think for the very start this wouldn't be a problem - but I can see it being asked sooner rather than later.
  3. G

    Starting a business-employment and tax

    With regards to question 3, yes you will need to register the business as a food business. You can do this through your local authority rather than the FSA. You will need to consider any accreditation you may need. This could include SALSA or even BRC. You will need to develop nutritional...
  4. G

    SaaS Businesses - No Tech Skills - No Cash - How to start?

    Yes, I am. I also have many other interests. Some have been ideas that become nothing, others have been rather profitable after learning the skills to develop them into something tangible. I don't think it was snippy one bit, and certainly nothing wrong with my advice. If you have an idea and...
  5. G

    Limited Company or Sole Trader?

    Thanks Mr D. You've confirmed what I was thinking, so at least I'm not on the wrong path mentally. Looks like I need to do some homework on the overall costs of setting up a limited company, accountancy costs, and then compare that to the hit of 40% tax on the overall takings. At such a small...
  6. G

    SaaS Businesses - No Tech Skills - No Cash - How to start?

    Exactly. Coding isn't hard when you know the language. Coding is time consuming. Developing, testing, getting it wrong, fixing it, testing it, developing it, testing ... its a vicious circle. Then the end user wants "a small addition or change" and it's a massive re-code. If you don't have the...
  7. G

    Limited Company or Sole Trader?

    Hi I am looking to start a Consultancy Business. I have some contacts in my industry that are looking to get help in offering consultancy services. They have good client bases and want to bet me on board with doing it. The way it will work is: They arrange the work through their client base...
  8. G

    Need help with (efficiently) taking payments from customers

    I think the problem here is using different softwares. Stripe has the ability to create subscriptions in the Billing Section of the Stripe Dashboard. These subscriptions should recur and automatically charge the client. However, you are using Xero to generate your invoices - therefore you need...
  9. G

    Allowable Expenses - Self Assessment

    Thanks, I will have a look at that.
  10. G

    Allowable Expenses - Self Assessment

    Thanks. I think I need to review my accounting spreadsheet for the next lot of accounts to make it more streamlined.
  11. G

    Holiday pay question

    This makes sense. A simple spreadsheet could quite easily be setup to manage the accrual of the employee's too. I will bear the initial months accrual in mind when I next look into holiday allowances too.
  12. G

    Self employed dentist

    As Newchodge has said, you need to ensure you are Self Employed. If you are, then they can't be telling you what the terms of employment are. If you are self employed, simply register with the HMRC as a Sole Trader. No need to be set up and LLC or anything just yet. You can maintain cash based...
  13. G

    Holiday pay question

    I have always been under the impression that you accrue your holiday pay. For the first year, you need to accrue before you can take the time off. As a minimum, you accrue at 5.6 times your working week. So if you work 5 days per week, your annual entitlement is 5.6*5 = 28. The rate of accrual...
  14. G

    Employing apprentice before course start date and pay

    There is no love react on here, but if there was - this post would get it. An apprenticeship needs to be treated properly. It's not a money saving exercise, it is investment in the future of a young person - and ultimately in your own company. If your company does need help, and you want to...
  15. G

    Employing apprentice before course start date and pay

    I have spoken to a local college in the past about apprenticeships for a large company. You can take on an apprentice before the course start date, but you need to source the apprentice from a training/education provider. There are specific companies that only deal with training, and they...
See more
Top Bottom
Community
Articles
Menu