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I am currently writing a business plan and need to include information about market research.
The basic point: I have lots of people who want to use the services I am about to offer. I can't give any concrete numerical information on this, but do know that when things are up and running I will...
I don't think I explained things properly, I currently run a separate business and have been handling my own finances for two years, and everything has been by the book (my Father is an accountant).
Back to my business plan question......how should I display the profit distribution?
My Uncle Bob is interested in investing some money into our new business for a stake of our profits.
Before he makes his final decision, he is looking to see our business plan and financial forecasts.
How do I demonstrate the distribution of 'wages', including his return, in the plan? The...
Another confusing question:
Do I need to factor my NI contributions and Income tax into these forecasts? - including the rebate at the end of the year?
I don't have any other work, so my first £6k(ish) would be tax free, and there wouldn't be any NI contributions until later in the year. How...
I am in the process of planning my new business. I'll be operating as a sole trader.
For the purposes of financial planning, must a declare a pre-agreed monthly wage? My hope is to just take out whatever I make, leaving enough to cover my costs obviously, plus a bit extra to put back into the...
I do my friend :)
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Thanks!
I am trying to write a business plan for my new start-up, and have no idea! I have tried so many sites, but the lingo is beyond me. I am not too bad with the written section, but can't make the first sense of any financial / cashflow forecasts.
My business is simple, I'll be a sole trader and...
Then you might be able to help me :)
I'm in the process of setting up a business and am looking for £2500 to buy some vital equipment. I am a University student so don't have any 'spare' cash.
After taking advice from this forum, I decided the best way to proceed was to open a student account...
I have quite a unique idea, and want to do some research into the market to see if there is a demand for it.
I have thought about setting up a questionnaire on Survey Monkey and posting it here for responses. However, how can I get some information on if my idea is viable, without giving too...