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I was watching a documentary about Duncan banetyne (from dragons den, don't know if that is the correct spelling). Done some research into how he started out with ice cream vans. Eventually I ended up at the tower hamlets street trading license. I'm surprised to see I can be a market trader at...
I started in January, and I'm still 16. Spent £90 on a bike and sold it again at £120. Not the most, but not the least. Hopefully I'll continue to bigger and better bicycles
I haven't been on ukbf in a long time. To let you know where I am, I've had to give up my money to my dad to pay the bills (I'm in a poor family but all I really want is be rich enough for my little sister to not go through the same). But anyways he's managed to save up enough to pay me back...
That's fine haha. You say that the majority don't speak English fluently/not their first language. That could literally be an opportunity for you. Depending on demand and their level of English, why don't you teach English or help write CV's? Just a thought, you'll need to research if that's...
I agree with what everyone is saying. Homes under the hammer is basically like an equivalent of wheeler dealers, just with houses instead. They don't really show what happens behind the scenes (i.e. real problems and how to do research and tax rules etc). It's completely opposite to 'Property...
Homes Under The Hammer is a programme by the BBC where people buy houses from auctions, usually with work needed to be done on them, and then they sell it for a profit after fixing it (or whatever they choose to do). When I said "good", I meant the programme featuring real life business, which...
I was thinking hard about this the other day. I remember watching the apprentice a couple of years ago where they made burgers and sold it in London food markets. They seemed to choose places, but surely they need a street trader's license, along with all the health and safety measure? They also...
This is something I'd definitely look into. I've made a couple of pounds by doing hw for my classmates, everyone wins! But I've stopped now and need something that pays more. Definitely worth looking into it.
That's another setback for me. I only have £200 in cash, I can't risk it all. Also I...
About me:
I'll give you guys a brief story of my situation. I'm 16 and go to college. Coming from an Asian family, I'm hardly allowed outside so can't really spend time after college to make money. However, I'm also grateful for many things. My college and my house is quite close to big tourist...
Thanks @Chris Ashdown , I'm probably not going into this anymore as I realise it will cost much more than I guessed. What you said about LTD companies is something I will keep in mind, seems like a good idea, and my dad might know an accountant, not too sure. I'm probably going to be selling...
@bharris thanks for that, never knew it could be that cheap. Much more affordable. I'll search for someone testing perfumes. What I'll do is create a business plan like others have said outlying costs and everything plus around 15-20% more than I expect for any costs, without being too...
Thanks @Mr D , it's good knowing what i can send and not. Better to do it right than making mistakes.
I looked into the CTPA , the
Cosmetic Toiletries and Perfumes Association, and it seems you need to pay a minimum of £1100+VAT (regardless of whether you manufacture a perfume or just retail...
Thank you everyone for the advice, it is very much appreciated.
I will definitely check regarding health and safety, I don't want to get sued. I'll experiment with small amounts first. I won't produce at home, my parents will go crazy if I do! But I know for selling food, you need to be OK with...
I will probably use standard recipes. I'll try to avoid using a laboratory to keep costs down, but if I have to, I can't do much about it. Need to find people doing the tests.
Websites is not too much of a concern, built a website in Year 9 ICT but I'll need a refresher. Got a friend that has...
To let you guys know where I am, I'm 16 but have saved up slightly and will earn more. In the next summer holiday, I will have approximately £875 to start (from college attendance bursaries☺), with 6 weeks to work if I need more. I got the right links for jobs so can pretty much get a job...