Recent content by samdesigns

  1. samdesigns

    What info to put on an invoice spreadsheet?

    Currently, we have the client name, email, company, invoice number, project type, revenue, cost, profit, deposit, deposit paid, project start date, project end date, paid, description. It's my way of tracking practically everything I need to know. If I design a brochure and get it printed on...
  2. samdesigns

    How do I file my business accounts? (my first time)

    I disagree with your comparisons. If I needed an optician I would go to an optician. Likewise for a solicitor or surveyor; I would hire one. A more accurate comparison keeping in mind my circumstances (size of business etc) would be like hiring a computer repair person to fix my laptop. It's...
  3. samdesigns

    How do I file my business accounts? (my first time)

    I would very much like to learn how to do this myself, but it seems that it's safer to get an accountant. I have done some research and found a freelance accountant who's been great so far, taking the time to explain things to me etc, and although he'll be handling everything (basically...
  4. samdesigns

    How do I file my business accounts? (my first time)

    I'm trying to get an understanding of the process rather than just be told to get an accountant. I have all my costs and all my income, I've kept track of absolutely everything coming in and out. I want to understand why it isn't as simple as me just filling out the forms (at this early stage).
  5. samdesigns

    How do I file my business accounts? (my first time)

    This was actually a decision made on purpose. The quality of clients and the number of clients I get has increased drastically from when I only freelanced. As a LTD company, I find I get a lot more respect and have a lot more power when negotiating.
  6. samdesigns

    How do I file my business accounts? (my first time)

    Absolutely, and I really do know an accountant would solve everything but at this stage, when things are relatively simple and my income is low, I don't know if I should pay £500 for one.
  7. samdesigns

    How do I file my business accounts? (my first time)

    Am I really unable to do this myself? There are no overheads, expenses or costs beyond the few that I know (domain name, hosting, laptop, software, virtual office space). I've kept great records so my income is easy to follow. I owe no one and haven't even started paying myself yet from the...
  8. samdesigns

    How do I file my business accounts? (my first time)

    I'm a first time LTD company owner and VERY new to all of this. I need to file my company accounts but I'm not sure how. I have no overhead or costs beyond laptop and software (graphic designer working from home) and my income is a simple figure (just an addition of all the income which is...
  9. samdesigns

    A client is threatening me with debt collectors over a refund

    Just to let anyone know who's reading this - he and I settled on a 50% refund. He didn't want court because he'd lose but I didn't want to risk a character like him having a grudge against me. Thanks all for the advice.
  10. samdesigns

    US-based client not paying, what actions can I take?

    Could you tell me more about this?
  11. samdesigns

    A client is threatening me with debt collectors over a refund

    He has agreed to my terms and conditions over email. He is just unhappy with the work and unable to hear explanations (not excuses). I am more than happy to admit my errors, but this time there were none. Simply an angry client who has been nothing but indecisive. He gave no reasons, and...
  12. samdesigns

    A client is threatening me with debt collectors over a refund

    We provided a design service, went far over the scope of the project but never asked for more. After months of work, he wants a refund. Our policy is clear, up to 50% of the remaining amount after the deposit. He did not agree with this. I suggested a mediation service and then small claims...
  13. samdesigns

    Advice on filing accounts for the first time?

    I use Excel because there are no business costs or overheads (work from home as a graphic designer) and each project is one simple fee, there's no complicated itemised bills or anything just a single figure (split into deposit and final payment).
  14. samdesigns

    US-based client not paying, what actions can I take?

    I have a client in the US who was happy and asked for a final invoice back in August 2019. He then stopped contacting me. Month by month we talked and he said there were PayPal problems, bank transfer problems, all kinds of problems. He said he would pay and was happy to. Stopped talking for a...
  15. samdesigns

    Advice on filing accounts for the first time?

    I run a LTD company (graphic design), it's just me alone but I work with freelancers and have plans to expand. I'm filing as a micro-entity because I meet all the criteria, and my figures are fairly straightforward but I'm not totally sure on the specifics of the process. Not currently in a...
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