A new business

[ElderlyWilliam]

After 32 years of working in the public sector I am thinking of setting up my own business.

Does anyone have any sound advice about setting up a fledgling company, where I can find a good accountant and web designer please?

Any advice is much appreciated.

EW

 

[Felpham Seagull]

dont employ a Fin

 

[drew]

Obvious question, what line of business are you starting?

 

[Tory Boy]

After 32 years of working in the public sector I am thinking of setting up my own business.

Does anyone have any sound advice about setting up a fledgling company, where I can find a good accountant and web designer please?

Any advice is much appreciated.

EW

Don't spend fortunes starting up.

TB

 

[KZNSeagull]

Don't register for VAT unless you absolutely have to.

 

[The Birdman]

Good business plan and research of competition but it depends on what you are going into. Allow for taking longer to make a profit and see what help you can get from the Government and local council if any.
And remember you become the tax collector for the Gov. And lots of good luck. Accountant Cardens Hove

 

[BN9 BHA]

Have a word with [MENTION=2647]gripper stebson[/MENTION] for web design.

Be careful with spending money on advertising, all sorts of con artists will contact you trying to get you to pay for 'fake' adverts.

Hopefully there is a NSC user that is an accountant, if no one on here contacts you I can recommend one.

 

[BN9 BHA]

dont employ a Fin

. Sound advice!

 

[gripper stebson]

Have a word with [MENTION=2647]gripper stebson[/MENTION] for web design.

Be careful with spending money on advertising, all sorts of con artists will contact you trying to get you to pay for 'fake' adverts.

Hopefully there is a NSC user that is an accountant, if no one on here contacts you I can recommend one.

Yep - happy to help. Done quite a few Albion fan's business sites recently. PM me mate.

 

[The Birdman]

Have a word with [MENTION=2647]gripper stebson[/MENTION] for web design.

Be careful with spending money on advertising, all sorts of con artists will contact you trying to get you to pay for 'fake' adverts.

Hopefully there is a NSC user that is an accountant, if no one on here contacts you I can recommend one.

good advice they all sell advertising space and say it will boost your business 9 out 10 are a waste of money.

 

[Vegas Seagull]

Are you thinking of breeding sparrows? If so I'd bank your pension & winter in the Canaries

 

[Mr Bridger]

Have a look at www.fivesquid.com

You can have lot done for as little as a fiver. Lot of it business based ,ie logo, website, letterhead design.

Will get you going with little outlay

 

[ElderlyWilliam]

Thanks to you all for your advice. A have sent you a PM Gripper.

Cheers to you all.

EW

 

[£1.99]

Out of interest what type of business is it?

 

[jakarta]

Two Crucial Words

CASH FLOW

Chase your debts like your life depends upon it.

 

[sebtucknott]

I'll throw my name into the web designer hat.

Get advice from people around you, particularly ones that have done it themselves, success or not.

Learn everyday.

Be prepared to not make money for at least a year (maybe more!)

Try to keep overheads as small as possible.

Never sign long contracts if you can. Eg premises, services etc.

 

[Creaky]

Be sure that you are willing to work harder than you have ever done in your life before - take as little out of the business as you possibly can, preferably nothing at all - keep on top of the money you are owed - most important of all be certain that the business you are going to start is something you really, really, really enjoy doing.

That is the life for most start-up owners of new businesses for at least the first few years - the eventual rewards can be very satisfying but they don't normally come easily.

 

[Eeyore]

Good luck in whatever it is you are hoping to do.

 

[Springal]

Stay in public sector

 

[Super Steve Earle]

Two Crucial Words

CASH FLOW

Chase your debts like your life depends upon it.

Just remember Cash Flow is not just something that wanders aimlessly around your business. Before you start, do a Cashflow forecast to confirm that you are likely to be viable. It will either stop you in your tracks or if it looks ok, make sure you make the forecast happen. As an Albion manager once said 'to fail to plan is to plan to fail'.