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business

Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit."Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.

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  1. missplumb

    business awards

    weve been shortlisted in the local business awards in the "environmental achievement" group. have alook at the other nominees and spot the odd one out!!!! ENVIRONMENTAL ACHIEVEMENT Sponsors – Banks Group Shortlist Fryer Tuck Fish and Chip Hamsterley Forest Nectarworks, North Pennines AONB...
  2. T

    free business banking

    hi all I am looking into changing my business bank, I have been with them now for 20 years and hopefully one of the sages who are on here might enlighten me I am looking for free banking and don't need an overdraught facility. Over to you guy's
  3. T

    Power Flushing New Business

    Hello All, I am hoping to start a business focused on power flushing and installation of central heating filters. A few years back I did a plumbing level 2 hoping to go into the industry but found it hard to find someone to work with. I have recently found a plumber who likes my idea and wants...
  4. M

    Changing business name rebranding

    Thinking of changing my business name have been running my business on a self employed business for a few years ontop of full time employment due to building it up have been trading under 'mma plumbing and heating' but its not great on a business cards would like to maybe change to something...
  5. A

    Boiler installation/service due stickers

    hi, im after some stickers to put on boilers i install with my company logo on it with a service due date on it. does anybody use these? if so could you recommend a decent website that you use, thanks
  6. S

    Getting your new business of the ground

    Hey guys, Sorry if this has been posted before! I've just started up a new company and was just wondering what tips you guys can give on how to stand out from the rest? I'm in the process of making a 1000 brochures and handing them out door-to-door and of course advertise on Gumtree etc. What...
  7. J

    Business banking

    Just gotta a letter today from nat west saying free banking on business account ends Feb. Charges seem excessive and after watching panorama tonight and them being part of RBS. I do not not intend keep banking there after free trial ends. Anyone recommend a business bank or are they are just...
  8. M

    Retraining to become a Gas Heating Engineer with KIER!

    Hi all Firstly I would like to thank all in advance that take the time to reply with both negative and positive feedback…. Just a quick bit about myself I'm coming up to 40 ex forces been out 14 years. Joined BT as engineer changed career paths and done some private security and now looking...
  9. M

    Wishing to start out as self employed, any advice welcome.

    Been basically doing jobs on the side but now want to have a crack at it full time, a few things I need to help on firstly, advice would be greatly appreciated, thanks in advance. 1. do you know of any government grants to help with start up cost registering gas safe, van, pli etc? I can get...
  10. R

    Natwest business bank account

    Friends I've opened a business back account online. Went for Natwest a 2 years free as recommended. Now then, what's strange online is that you can't have a long company name!!' I'm awaiting a call to confirm account and to sort this out. Problem I also get which I hope they'll deal with /...
  11. R

    Real Business Hot 100 award - Williams & Co

    Well, another proud moment for us. Real Business magazine publish their list of the fastest-growing and profitable private companies in the UK, and we made the top 100. Only in 90th place, but I can live with that. :) Thanks to all our customers and staff, without whom we wouldnt be in the...
  12. R

    Business bank accounts

    Hi Friends As a one man band & not earning loads I use my personal nationwide current account. I pay in cheques, receive & make electronic transfers. I never have any cash to pay in & I pay for everything with my MasterCard which I pay off via my bank account (again via electronic transfer)...
  13. D

    How did you finance your business start up?

    Hi, I'm thinking a little ahead of myself here but I will be going through college to become a qualified plumber, once I have achieved this I will be looking at starting on my own and wondered what funding if any is available for starting a new business I.e government grants/ loans etc as I know...
  14. P

    Facebook Business Pages

    Those of you who have one do you just run it yourself or have you paid for a page etc?
  15. S

    Vaillant robbing business

    Wondering if any of you have experienced this? we have fitted around 70 vaillants in the last 2 years and they ask the question when you call to register "will you be carting out future servicing" we we always say yes so as far as I am concerned that means Vaillant shouldn't be sending my...
  16. B

    Promote business

    Starting out in September doing boiler servicing,commissioning and repair and system powerflushing but want to find out how all other service engineers promote themselves and which they find more effective! Worthwhile canvassing plumbers who don't service, commission and do powerflushes...
  17. T

    Facebook Business page

    Hi guys Would it be possible to get likes on my Facebook business page https://m.************/THPlumbingLtd Of course I will return the favour, thanks in advance
  18. T

    Making a new business

    Hi guys n sorry for the questions I'm asking but you seem to be a good bunch and I've had some good feedback while being here right I'm serious about starting my own business I will generally be a bathroom installer and do some heating ie rads, new pipes and general maintainance my questions are...
  19. T

    Business Website

    If anyone is interested in a new Business website to advertise and promote your business, get intouch can offer a professional job with a competitive price
  20. P

    Registering Business Name

    Anyone know the exact place I can do this? I want to register a name for future use so nobody can steal it. Thanks
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