Latest Q & A
Paying VAT on food
I am starting a business. Could you let me know how much VAT to pay on food?
How to forecast sales
I see everywhere that when writing a business plan, one should forecast sales. How do you do that if you haven't started yet?
Getting your business online
I would like to start a business on the internet. Can you tell me what I should do as a first step?
How to research your market
I want to start my own landscape design and build business but how do I carry out market research for this?
Pros and cons of starting a business
Working for somebody else versus working for yourself: the good points and down side of it all?
On developing business ideas
I am thinking about starting my own business. I have £10k spare and qualifications in business and accounting. I consider myself to be commercially aware and am passionate about it. The only problem is I don't have many serious ideas of what line of business to invest in. I live in Lincolnshire. Any ideas?
How to design a business plan
How do i design a business plan?
First steps to starting up
I would like to start a business as an international property agent. I have a clear plan of what the business will do but don't know where to start, can you please help me?
Registering your business name
Can a small business register the name it trades under and if so, where?
Becoming a limited company
My husband is an HGV driver and has been advised to become a Limited company. Where can we find all the information we require to do so?
VAT for sole traders
Do I have to charge VAT as a sole trader?
Short-, medium-and long-term objectives
What is meant by 'short-term objective', 'medium-term objective' and 'long-term objective'?
Opening a bonded warehouse
I am interested in opening a bonded warehouse, could you point me in the right direction as to who I should contact to start the ball rolling?
Set up an ebay business
I'm a full-time mum & wanted to start selling on ebay as a part time business. could you advise me how to go about this legally?
Tax charges on a second income
My boyfriend and I are planning on starting a part-time business making and selling canvas prints of art work, personal photos and other images. On top of us both working full-time. We will not be making a massive amount of money, it will just be turning a hobby into profit, so will we have to pay tax or any other charges on whatever we earn. I have been told you can earn upto £4999 without having to pay tax. Do I need to declare the money being earned even if it's less than this amount?