Recent content by peggyprice

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    Business negotiation

    Good advice. Also, the only things I remember from the negotiation skills course I did donkey's years ago, but which have stood me in really good stead for some big negotiations over the years: - start higher than you expect to get - start lower than you expect to give - look for the deal that...
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    Pain in the neck customers.....a rant

    Blimey. I started to read this thread for a bit of light relief and now *I'm* really stressed too! God knows how you've put up with it Nord20! For what it's worth, anyone reading the OP *without* a bee in their bonnet can see that a) it wasn't whingjng, b) you've bent over backwards to be fair...
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    Help pls, strategy to get employees actually working ....

    DavidWH, just a thought - as the mother of a (dyslexic) young man who probably used to drive his employers mad in exactly the same way (now much improved, thank God!) are you sure your apprentice really understands what is expected of him? In my experience a lot of people assume that because...
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    Help pls, strategy to get employees actually working ....

    Fascinating thread, and really impressed with your tenacity and approach Wowee! Having been in a similar position with a small group of women in the days when I managed a large team in a large organisation I can completely sympathise with the need for moral support - sometimes the only thing...
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    Starting a roast dinner/english breakfast fast food outlet

    Anyone looking to run a successful catering business needs to cover two things - the business side, which needs planning, cash flow forecasting, funding, staffing, marketing etc just like any other business - and the catering side, which has very specific demands in terms of environmental...
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    Solicitors fees for renting shop

    Last week I was quoted £950 +VAT to handle preparing a new 12year lease on a unit with rental of £20k pa. And I got an hour's free advice as well. Both this solicitor and another I tried quoted me fixed fees which were based on the rent pa and whether it was a new lease or an assignment. (The...
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    Drawing down dividends in first year of trading

    So if my management accounts show (after any predicted outgoings) that I'm in profit that month I can draw down that profit? But what if the following month the profit is wiped out by a loss? (Sorry if I'm being thick - just need to understand, before I take on a new business venture, how I...
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    Drawing down dividends in first year of trading

    That's the bit I'm trying to understand - how do you manage this process if you need the dividend to maintain your personal income, before you know for certain (or can forecast with some certainty) what the profit will be ... ? Seems to be the downside of going limited vs being a sole trader.
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    Drawing down dividends in first year of trading

    Hi all, I understand about the principles of drawing a minimum salary as a limited company director and then taking the rest of my income from the business as dividends - but am I able to take any dividend in the first year of trading, ie before the profits have been declared, or do I have to...
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    Which Retail Property ??

    I love that statement :)
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    General help with premises

    Instinct is one of the most important things a successful business person has. Listen to it and walk away
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    Creating a home bakery business

    Depends on the product & the attitude of your environmental health team. I ran a business from home for several years selling home made Christmas cakes/Christmas puddings/jams etc and also vegetarian ready meals, and they never came to inspect me (they were fully aware of the business) - they...
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    Changing from retail to trade only advice

    What sector are you in, Ben?
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    Business Networking - Getting Over the Fear

    Talking of business cards ... One of the best bits of networking advice I was ever given was 'Don't worry about how many business cards you give away, concentrate on collecting as many as you can from other people.' The point being that you are then in control of what happens after the event -...
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    Salary or Dividends?

    This is a really useful thread but it's already getting long winded & difficult to pick through individuals' different questions and scenarios. Any chance of making it a topic in its own right so that we can have separate threads for different questions?
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