Recent content by stormy3000

  1. stormy3000

    Considering starting 2nd Ltd Company.

    Thanks all for the replies.
  2. stormy3000

    Stress.................

    Stress... definitely has its moments. I'm not sure if having a 2nd business director would have helped (or made it worse). But over the past 13 years I definitely found benefits in running 5k - 10k regularly. I'm currently very much out of the routine and really should get back to it. I...
  3. stormy3000

    Considering starting 2nd Ltd Company.

    Hey, Firstly, wow! I haven't been here for nearly five years. I first joined the forum back in 2013 when I was setting up my own animation studio business. 11 years later, it's still successfully going... so err... thanks for all the help back then. Plus, I love that despite this, it still says...
  4. stormy3000

    Advice on where to get a small business loan

    It was done directly through them, so I assume the completion fee is standard now, if not before. Thanks for the tips on having a very real plan to pay it off early to save a considerable amount. A sensible but easily overlooked thought for sure.
  5. stormy3000

    Advice on where to get a small business loan

    Thanks for the two replies... and you're 100% right my basis for whether it is, in fact, a good rate or not is flimsy at best. In terms of the current funding circle offer, the more exact details are £50k, over 60 months. Fixed interest rate of 14.9% Loan completion fee of £2950 Cost of...
  6. stormy3000

    Advice on where to get a small business loan

    Interesting, I could (and probably do) chat about this stuff all day. I agree and think the lowest end of the market, idents/presentations have shot to the bottom for the budget due to online freelance services i.e. Fivver. Plus animation templates make it easy for a low skilled animator to...
  7. stormy3000

    Advice on where to get a small business loan

    Replies to some random thoughts.. :) • In some respect that's what I have been doing and will be doing more of. Plus this slow and safe approach has allowed us to steadily 'mature' as a business (and owner) over the past 5 years. Our one employee on the payroll went from being a part...
  8. stormy3000

    Advice on where to get a small business loan

    Many thanks for the replies it's been massively helpful already. I'm currently exploring 3 different options from those suggested above. I'll then take a view on what would be most beneficial. It's great to have finally made the decision to now invest further into the business after lots of...
  9. stormy3000

    Advice on where to get a small business loan

    Hi, The rationale behind thinking a business loan is now the best idea for us: Our business now 5 years in, is doing well and the main thing holding growth back now is being able to up our staff. Up to now, I've grown the business at its own speed as budget allowed learning multiple aspects of...
  10. stormy3000

    Obstructive costs for becoming certified for Quality Management, Health & Safety and Environment?

    Thanks @WaveJumper . It's certainly helpful to hear. I've just ofund this document from BSI which makes for some positive reading. Plus makes me think a more structured Quality Managment System ISO 9001 may be good for the business regardless of an our aim of securing larger contracts. "The...
  11. stormy3000

    Obstructive costs for becoming certified for Quality Management, Health & Safety and Environment?

    Great, many thanks for sharing the link.
  12. stormy3000

    Obstructive costs for becoming certified for Quality Management, Health & Safety and Environment?

    I don't disagree at all. Bar someone spinning too quickly on their office desk chair, spiking their hand with a well sharpened pencil, there's very little call for larger health and safety practises. We of course need to conform to data storage/ protection rules and take the correct view point...
  13. stormy3000

    Obstructive costs for becoming certified for Quality Management, Health & Safety and Environment?

    We're a 4 year old professional animation business, looking to grow through winning larger contracts by making ourselves known (or at least discoverable) to more 'huge' organisations. We've worked with a good number of large brands and utility companies over the years, where through good SEO...
  14. stormy3000

    Business Insurances - recommendations?

    We use Hiscox. We've never had to claim anything, but the service is very professional and whenever we've called up to change something it's always been painless. Hopefully someone with more experience with them can give a more useful review.
  15. stormy3000

    Voluntary VAT reg. purely for number?

    I did it for our business before we needed to. Our main reason was that with some of the larger clients we were starting to win business with, it was obvious they were surprised/worried when we invoiced or signed up to be key suppliers but had no VAT number. So by having the VAT number it...
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