Recent content by Socio South West

  1. Socio South West

    Matrimonial assets and directors loan

    Your solicitor is indeed right in asking your husband to sign a contract, although I am not sure you have grasped the reasons for so doing correctly. Picture a situation where it all goes t1t5 up and the guarentee is called in.... Your husband has to legally consent at this point to this...
  2. Socio South West

    Buying an existing store & cafe

    Any seaside enterprise like this can be a very good earner: This sounds like the proverbial run down business, ripe for new ideas and investment: However, my thoughts would be that you need to concentrate on what you plan to bring to the business, not what the current tired rude unpopular local...
  3. Socio South West

    Hiring NEC or Excel London

    There are a couple of hotels in London that can host pretty big events - Novotel West in Hammersmith is one: The Societies of Photographers have used that for several years and get around 8000 visitors now I believe https://thesocieties.net/convention/
  4. Socio South West

    Dazzling headlights scam or solution

    'Must' is sadly not the case with an awful lot of sales websites which lack proper details of company, premises and registration. I side with @Newchodge here - Unless a site has a bona fide address and preferably telephone contact and isn't registered with 999 other companies at a cheap...
  5. Socio South West

    Startup business concern

    I have been trying to understand Amazon for about 8 years. The terminology, systems and methodology necessary for a small business to market through Amazon is thoroughly confusing and best left to Amazon specialists in my opinion. I actually think you are being very narrow minded in your...
  6. Socio South West

    Trading 8 months

    Correct and accepted. 🤪 Apologies to both posters.
  7. Socio South West

    Trading 8 months

    Are you sure you have been claiming all the allowances you are entitled to? There is a bit of smoke and mirrors involved, and some great savings to be made. Your first post said you are a Sole Trader - you now say you have incorporated... Further evidence you need to sit down with an...
  8. Socio South West

    Trading 8 months

    You do need to see an accountant... not to pay tax, but to find out how, when and what you are supposed to do... then worry about paying any tax that may be due
  9. Socio South West

    Direct debit platforms

    I have worked with GoCardless and it does what it says on the tin: The interface is clear and workable. However, I don't know whether its us, GC or the banks... there appear to be a disproportionate number of incidents involving getting collections established from accounts with the 'new'...
  10. Socio South West

    Best UK Hosting Company?

    A bit late to the party.... I came to TSO via Vidahost from this forum some years ago.... Once TSO got hold it was down down down and I am glad they have got what their increasingly dreadful attitude and customer service deserved. I moved all the sites and business to Siteground who were ultra...
  11. Socio South West

    Margins with stockist and retailers.

    PS The myth of 60 and 90 day payment is rapidly disappearing: If you conform to their invoicing requirements you will certainly be paid within 30 days - Waitrose are usually 17 days and Sainsburys even offer 7 days payment for first order initial shelf fill from new suppliers
  12. Socio South West

    Margins with stockist and retailers.

    For a small new business be very careful of the multiples. It's an increasingly complex minefield for the unwary small supplier with Pound notes in their eyes. Not only will they screw you down on price, but you will be charged 'Marketing Plans' which tend to start at around £2k pa, Then when...
  13. Socio South West

    Mental Health

    You don't say how long you have been in the job, but it sounds like it may have been a long time. Its a case of looking at the question ' Is the glass half full?' or 'Is the glass half empty?' Ask yourself some questions - for example.... Are you financially ok as you are? Is your life...
  14. Socio South West

    Loft insulation company

    @matt90bc Setting up a business is relatively straightforward, but don't fall into the trap that your type of entrant with some practical experience commonly falls into - ie thinking that running the business is easy. There's a lot more to running the business besides actually blundering about...
  15. Socio South West

    Exporting to the USA and limiting liability through EXW

    I recommend that you urgently research the product liability angle thoroughly with your insurer. The litigious nature of the USA is such that in the event of a claim against the distributor in the USA they will be very likely to pursue you in turn, and you should make sure your PL insurance...
See more
Top Bottom
Community
Articles
Menu