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Author Topic: Starting a small business  (Read 1484 times)
ACE2M
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« on: August 18, 2013, 08:12:22 PM »
Anyone know about opening a shop? Costs, business start up loans, pitfalls, taxes etc
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outragous76
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« Reply #1 on: August 18, 2013, 08:24:39 PM »
Get excellent property advice on your lease and its obligations. The number of people who pay £££££ at lease end instead of £700 prior to signing it is unbelievable!

It's remarkable that people just sign leases without good advice!
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BangBang
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« Reply #2 on: August 18, 2013, 10:27:53 PM »
Pretty broad question. . Maybe a local business link can help..
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« Reply #3 on: August 18, 2013, 10:49:23 PM »
Quote from: BangBang on August 18, 2013, 10:27:53 PM
Pretty broad question. . Maybe a local business link can help..


I'm good with pretty broads, what's your question?
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doubleup
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« Reply #4 on: August 18, 2013, 11:27:20 PM »
Quote from: outragous76 on August 18, 2013, 08:24:39 PM
Get excellent property advice on your lease and its obligations. The number of people who pay £££££ at lease end instead of £700 prior to signing it is unbelievable!

It's remarkable that people just sign leases without good advice!

def this - I have a friend who was stuck with a marginal business and finally ended up bankrupt over a lease.
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MLHMLH
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« Reply #5 on: August 20, 2013, 05:09:33 PM »
If you're buying an existing business make sure you employ an accountant to perform due diligence on the accounts.  This will hopefully verify the overheads, takings and profit margin for you.
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CHIPPYMAN
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« Reply #6 on: August 20, 2013, 05:53:14 PM »
Quote from: ACE2M on August 18, 2013, 08:12:22 PM
Anyone know about opening a shop? Costs, business start up loans, pitfalls, taxes etc

What business u planning to do ? Maybe I can give u advice if I know what u wanted to do ?
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