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What everyone says!
Think of each sale like a mini contract, and write it out - essentially your Ts and Cs.
How are orders made / received/ acknowledged?
When is payment due? How should payments be made? What are the consequences for not paying on full in time?
What happens in the variations...
Lots in interesting suggestions.
I suggest: look at the accounting firms in the 5-12 positions (ignore the top 4!)
In those firms - find the person:
- in a city near you
- who works in an 'advisory' role
- who looks after 'mergers and aquisitions'
Go see them for a coffee!
They will help...
Depends what you want. If you want a Costa style machine - which I think of as being the most commercial, I think Gaggia are consistently good.
But depends if its for bean to cup, with or without milk, how many cups per day etc etc.
A high end Franke machine with a fridge will cost upwards of...
My concern was - you'd pay him £20k, one way or another, then he'd claim the first payment was erroneous /fraudulent /hacked - and get the first £20k taken off you.
Just a passing thought!
I use vitaltax. It's an add on to excel.
It's not free but only costs about 20 per year I think.
I've used it for the past couple of years.
It was recommended to me by my accountant - and seems to work fine.
I link it to cells on the excel version of my bank statement- which calculate quarterly...
Hi Jason
I think that you would simply need to:
1) Keep your payslips from your own company (if you receive any) and / or dividends.
2) HMRC / your accountant would be most happy if you did personal tax returns - even if you didn't need to (i.e. voluntarily) - this would keep HMRC happy.
Do...
Depends on your house / space and the road.
I ran a business from a house which rarely, but did include palletised deliveries.
In this case - was owned etc etc - but the biggest 'wins' on allowing this were (1) being on a busy road (i.e. good access, lots of traffic, lots of buses and lorries)...
Another area which is entirely 'grey' - yet you could provide (chargeable :)) value is getting people off the ground with online advertising. I think Facebook / Tiktok / Google ppc are underutilised, misunderstood, and potentially important avenues to go down. What people lack is (1) confidence...
Lots of interesting points and feedback! I've scanned through it all - so don't think this has been said already.
2 things really: I think a webpage getting people 'off on the right foot' might be interesting. There is something in online marketing about 'giving away the good stuff;' to raise...