Have been going for a few years now but am starting afresh. I repair vehicles. Body, mechanical and electrical. I don't employ anyone but I do sub work out and am determined to take on a member of staff in the new year. I rent two small workshops on a cash basis. I have the option of paying more (£800 currently, £1000 otherwise) to get proper reciepts. Yes the guy is dodgy but hey ho it's not bad units for what I want. The set up is this, we (me and the wife) usually collect and deliver vehicles. I always viewed the units as temp but they are working. I am not the most organised person, I am gutting the units and starting again, removing the divider to make one big unit. This will house a spraybooth and the ramp. I am going to get storage cabinets and get everything organised. My wife runs all the paperwork and bookings from home off-site. I recently got a VOIP number which is a godsend (see calls and texts to my mobile at 10PM on a Sunday eve!). We have a website in progress. We get a lot of work word of mouth and also via an advertising website (we pay per lead when we are accepted for a job). In peak times I'll quote 20 jobs a week on the websites and get say 4-5 but they are all very good money (i.e I'm not being hugely competetive). I'm not good at business. I am good at repairing vehicles. In the past I have gone into Land Rover main dealers and repaired electrical faults that their techs could not. I would like to go more into key programming, electrical repairs, general diagnostics and remapping. This would be done from a van but I can't stop working as I need the funds in the meantime. Ideally I'd like 2 staff doing the work and me doing more of the running around and diagnosing problems for other garages alongside the bodywork. I'm VERY thorough with bodywork and a spraybooth will really help as it is very profitable work. I also buy and sell vehicles occasionally. I would like more work on IVECO vehicles (the main dealer diagnostic kit is £3k and I'd love the work in to pay for this else I'll stick with aftermarket machines that are brilliant but not quite as good). I'd also like more BMW's, VW's and Audis in as I find them absolutely easy to work on. BMW have a timing chain issue at the moment and I really would like to hone in on this as it's profitable and I'm one of the few in my area that will fix them. I guess the idea of this thread is one for me to have a little journal and two for advice. I'm not great with keeping the books in check, the Mrs is better but at the end of the day I get the parts and I get the reciepts. I've started a new LTD company and applied for a new LTD bank account. I have also opened the first personal account I've had in about 3 years. I'm going to pay myself a wage into my account weekly. If cashflow is an issue and I don't pay myself would I pay it when the company can afford it? My sister in law is an accountant. She will do the books from now on and likes the software Xero so this is what I'm going to sign up for once I have the bank account open. On starting the company do I put in £1000 of my own money to get it off it's feet? I.e buy parts and start. With the rent issue, should I get proper reciepts or where we buy and sell vehicles (we put all these through the Mrs as self employed) should be just pay it out of that? I.e personally. I'm not sure whats best for me to do going forward. It is £200 more but I can claim it back. When it comes to reciepts should I just keep a file at work and force myself to put them in and give it to the Mrs or take photos of every reciept as they come? Sorry for all the questions! I also run 2 courtesy cars. Both 2006 VW Golfs, one manual one auto. Does these being this old affect the look of my company? Neither are sign written. The idea of the older ones is for a start everyone loves them as they are clean and drive well, there are a few marks around them but they are old! Also the fact they are old if they come back with little scratches etc I'm not overly bothered. A good friend borrowed one while I had his van and rather impressively fitted a tonne bag of builders sand in the back. He asked. It's an old car, I don't mind. He cleaned it to the point I haven't found a single grain of sand in it! It's either that or lease 2 of the cheapest cars I can find!