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(#161)
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Default 04-03-2018, 03:20 AM

Right I'll tell you where I'm at,

I've been overloading my brain with a lot of information I don't know what to do with. And my answer is to try something small, something lesser than I know I am capable of.

I know I can be a successful businessman. I just don't know what the fuck to do ok.


If it doesn't evolve me it doesn't involve me
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(#162)
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Default 19-03-2018, 09:14 PM

I've just applied to register the name of my limited company that I'll be using for an Amazon store.

It'll be in a dormant status for the time being until I get other shit sorted out and studies completed.

Still feels kinda cool that by tomorrow evening I should officially be the director of a (dormant) company.


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(#163)
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Default 19-03-2018, 10:46 PM

You thouht about getting yourself an accountant?

If not I'd reccomend it. I did my own books for the first few months but then it got too time consuming and a pain in the arse. Got myself an accountant and he deals with all the hassle as well a chucking in free advice for a set fee every month.
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dan300 (19-03-2018)
(#164)
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Default 19-03-2018, 11:14 PM

Quote:
Originally Posted by BroadswordWSJ View Post
You thouht about getting yourself an accountant?

If not I'd reccomend it. I did my own books for the first few months but then it got too time consuming and a pain in the arse. Got myself an accountant and he deals with all the hassle as well a chucking in free advice for a set fee every month.
Yeah, I met a bird whilst taking part in a medical trial last summer & she's an accountant. She was giving me hints & tips on setting up, & then when the trial ended I took her number so that I could hire her when needed.

I was thinking of setting up an Amazon store first & try out trading for a couple of months because you don't have to register for corporation tax for 3 months. Then I'll hire her to do all that shit for me if I can't do it myself.

What kind of money should I expect to pay her?


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(#165)
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Default 20-03-2018, 12:23 PM

An hour ago I received confirmation that my company is now incorporated.

So I'm now the proud director of a dormant limited company.


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(#166)
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Default 21-03-2018, 08:23 PM

Im around £200 a month, though I know him personally so thats mates rates.
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(#167)
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Default 21-03-2018, 11:40 PM

Quote:
Originally Posted by BroadswordWSJ View Post
Im around £200 a month, though I know him personally so thats mates rates.
Fuck me, that's quite an expense.

I'm ambitious as fuck but I reckon 200 quid a month would be a pretty high cost to be forking out, at least initially.

I thought something like 20 quid an hour as appropriate. For whatever number of hours it takes, each time I need her.

Maybe I'm underestimating the outlook but I didn't think I'd need an accountant that much.


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(#168)
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Default 22-03-2018, 05:03 AM

I hope that company's not registered to your home address! Make sure there's as little as possible at companies house for people to be able to find you!
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(#169)
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Default 22-03-2018, 08:57 AM

Quote:
Originally Posted by ephemeris View Post
I hope that company's not registered to your home address! Make sure there's as little as possible at companies house for people to be able to find you!
It is actually. Although it's dormant at present so that currently doesn't matter since nobody will be looking for it.

I wasn't too concerned about my address being on companies house, I'd be more worried about it being on Amazon. Additionally, since I'm renting off a housing association, should I be informing them of my plans despite me having no plans to trade from my address?

By the time I'm trading I'll hopefully have a PO box or a seperate business address. Speaking of which, what's the easiest & cheapest way to get a seperate business address?


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(#170)
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Default 28-03-2018, 12:06 PM

Yeah, what's that kid on about? It's not like they'll have any real difficulty finding you if you register the business to a different address. I've had an earnings attachment before and, from experience, i can state - that's simply not how it works.


Peace,

kowalski


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