Recent content by NotSo

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    To Co-found or not

    So what skills are required @Mark T Jones ?
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    To Co-found or not

    But if the money is at hand then surely the required people can be hired instead. I've dogmatically held onto the belief of a co-founder but this is the first time where my offering is robust enough to have a number of angels intent on digging in because the market need is so great, hence the...
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    To Co-found or not

    I am in the process of securing £1mil for a new business venture. I was initially intent on having a co-founder, but now come to think of it - why go through that headache when I can just hire my way out. So my question is, when should one seek out partners for a venture and when should one go...
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    Government Investment vs Private Investment

    I have been working on these products for over a year now. Initially I decided to start small scale and build up the company, but then figured that the reduction is significant enough to entail investment hence my current position.
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    Government Investment vs Private Investment

    I am working on some product lines that could aid in the UK to hit its net zero targets. The problem is I need to raise investment (£6.5 million) and I am not sure what route to take. I am pretty sure the government would be impressed with my ideas but I have no experience in getting any...
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    Which Account for HMRC VAT refund

    HI, What is the best account to put a HMRC vat refund ?
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    Reclaim Vat on new Patio door

    Ltd company. Its used 12 hours a day, other people might be watching tv or eating, however, the dining table is covered in equipment.
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    Reclaim Vat on new Patio door

    I run my business in my living room with is also used by others. I upgraded the patio door (which was single glazed and absolutely freezing) to a triple glazed french door. Can I reclim the VAT on it ? and which accout would be most appropriate for property renovations ?
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    ERP advise required

    Hi Guys, I am in need of an ERP system but not sure what service can fulfil my needs. I'm hoping somene here can help me - here is my use case: -> A customer requests a on-site sales pitch via the site's form -> the form data is pushed to the ERP, and a sales lead is generated -> The lead is...
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    Non trade interest received

    Does anyone know what CP58 "Non trade interest recieved" is on a micro-accounts return ? Is it the bank interest I have received ? I have recieved £0.51for the tax period and not sure if I should put £1 or 0. Please advise
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    Reconciling invoice with bank charges

    Hi All, We do some sales on Amazon marketplace and use a 3rd party to process all the invoices which are then pushed to our quickbooks online account. Usually, we just match the incoming/outgoing bank charges with the journal entries and all is good. So on 14 mar Amazon invoiced us -£400 for...
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    Anyone work in the food industry?

    Thanks everyone. @The Byre, don't worry, we'll be signing contracts with bottling companies. The questions are for the prototyping phase. I have one other question, does anyone know how companies like Tescos, Asda source freshly made foods day to day ? and what process we'd need to go through if...
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    Anyone work in the food industry?

    Hi All, We are considering launching a new product line of dressing salads. Our experience in the food industry is somewhat limited, and I am wondering whether anyone in the industry can provide some guidance. 1. Our primary issue is preservation, are there any good online resources we can...
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    Import VAT, where to find

    Hi Guys, I made a tranaction for an item on alibaba for 55usd. The item requires the payment of GB VAT on import but I don't know where this is listed. I checked the supplier's invoice and there is no mention of VAT. Are the delivery company going to give me another invoice ? The transaction on...
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    Facebook Ads over the holidays?

    Good move? Bad move? We had a reasonably good CTR before the 24th but things have been very slow for the last 2 days. I am wondering how long this lull will last and whether I should pause the campaigns till the new year. I am inclined to do so as it seems I'll just be blowing money for no...