online company tax help

[tikay]

Will it still make sense if I don't read the preface and foreword until the end?

Yup.

In fact, for reasons I don't understand, it has a Foreword AND a Prologue. Neither are needed.

[tikay]

I did know someone who worked at boo.com.  He probably still maintains it was the best job ever.  As far as I remember, and it was some time ago, they ran everything from some very expensive Central London real estate.  So if you bought a pair of jeans, they didn't have a warehouse in the Midlands near the motorways, they'd send it out from Soho (from memory)

They were massively overstaffed, so my friend would maybe send out 3 packages a day.   The rest of the time they had a ball.  They got taken to expensive parties, are expensive food and got paid well for what should have been minimum wage stuff.

If you do all this, you'd go bust even if you were running Apple.

Never read the book.

Agree with all that - except the last sentence. It's too good NOT to read.

I guess it sums up the dotcom excess.

Fabulous tale, & true.

[tikay]

Shame the book is not called boo der

[StuartHopkin]

Next book it is then!

[tikay]

Next book it is then!

Honestly, Stu, you'll love it, you won't be able to put it down.

Their naivety was jaw-dropping - but not as jaw-dropping as the investors I suppose. Very much a story of the 90's, excess & greed.

I wonder of anyone ever totted up how much money was burned during the dotcom boom? Having said that, it created employment, & people spending money meant that somewhere, somehow, people were making money - exactly & precisely the same amount as was lost.

[booder]

Shame the book is not called boo der

 

[vegaslover]

Have to agree with Doobs in comparing Dot.com start-ups 15 years ago being anything like today's market.
I doubt you could get anything close to the investment totals of then even if you wanted to.

[Doobs]

I will just add that I knew the FD of an independent high street retailer that went bust a few years ago before online got as big as it has. 

I suspect you'll have some of the issues.  The main problem with been an independent is that you sell someone else's clothes for much the same price they do.  Hence your margin for paying salaries/rent etc is always smaller than if that someone else set up a shop down the road.  I expect this is exacerbated by the internet.  I can Google around for the price of a boss t shirt and if you sell the same one for £5 more you have no sale.  Then you have to compete with those who use the parasitic voucher code websites etc.  I suspect you have to make your own stuff or have a very low cost base.  4 young poker guys happy to blow $100 on a slab of meat doesn't appear to be low cost on the surface.

And before I wasn't saying that you should never read the book, I was saying I have never read the book.  Realised just now it can be read two different ways. 

[tikay]

I will just add that I knew the FD of an independent high street retailer that went bust a few years ago before online got as big as it has.  

I suspect you'll have some of the issues.  The main problem with been an independent is that you sell someone else's clothes for much the same price they do.  Hence your margin for paying salaries/rent etc is always smaller than if that someone else set up a shop down the road.  I expect this is exacerbated by the internet.  I can Google around for the price of a boss t shirt and if you sell the same one for £5 more you have no sale.  Then you have to compete with those who use the parasitic voucher code websites etc.  I suspect you have to make your own stuff or have a very low cost base.  4 young poker guys happy to blow $100 on a slab of meat doesn't appear to be low cost on the surface.

And before I wasn't saying that you should never read the book, I was saying I have never read the book.  Realised just now it can be read two different ways.  

Ahh, gotcha. "Never read the book" can indeed be interpreted two different ways, my bad, apologies. "Read" as in "reed" or "read" as in "red". The English language, a thing of beauty. 

So now you can read it. You won't regret it, it's black comedy at its best.

[Tractor]

How many have heard of Zalando?

https://en.wikipedia.org/wiki/Zalando

http://www.retaildetail.eu/en/eu-m-tail/item/17299-zalando-seeks-at-least-20-growth-in-2015

[RED-DOG]

Will it still make sense if I don't read the preface and foreword until the end?

Yup.

In fact, for reasons I don't understand, it has a Foreword AND a Prologue. Neither are needed.

I never read prologues or forewords because they often spoil the book by revealing to many details.

It doesn't matter in this case though.

[pleno1]

hi, im not actually intending to sell clothes Just used that as the business.

[shipitgood]

Get an accountant you business fish, and pay your taxes

[pleno1]

Get an accountant you business fish, and pay your taxes

If you lived in Italy for 6 years and never spent more than a week in the UK who would you feel compelled to pay taxes to?

[mulhuzz]

defo get an accountant! But you almost certainly need to pay tax in Hungary, not UK.