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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. kris

    Business Software

    Hi there guys of the forum ,,, My names Kris im a P n H eng ive been a member of this site for a while but have never dived in so here we go,,, Im self employed up in the north of scot and ive been doin my bookwork with pads and im away to go technical and am lookin at different...
  2. S

    Best places to advertise my business ????

    Majority of my work comes from word of mouth , was wondering what are the best places to advertise my plumbing heating gas business ( gas safe registered ) - i was told gum tree was good! Anyone used Gumtree? Is it a good avenue to use ? Any feed back much appreciated :) :43:
  3. R

    Business Insurance

    Hi guys, i'm looking at different options for business insurance. Ideally Id like to get a package that includes: -Public liability -Van insurance -Tool insurance -Personal accident insurance -Business interruption insurance -Personal indemnity insurance Does anyone here currently...
  4. I

    Business loans for Ltd. companies?

    Looking to get a loan to fund the new wheels for work. I currently bank with HSBC and quite frankly think they are Carp. Takes a week to see someone about getting a loan! Clowns.. Any how, cos I'm considering moving bank I'd like to hear if anyone has or knows of else where to get a loan for a...
  5. cr0ft

    Actually growing a business, one shovel load at a time.

    My apprentice and I spent a couple of hours digging out a 20'x10' shed slab for a stock room to keep everything we could ever need in. It's going to be the best stock room in the world once it's finished. But right now my back hurts from digging. The missus said one of the conditions was I...
  6. A

    Small business software

    We are a small business running 1 van, myself & an apprentice We use outlook to organise our diary sync'd up through google calendar to 1 phone. In June we will be looking to get a second van, second phone (with calendar) and are looking for a way to manage 2 calendars. Anyone been through this...
  7. W

    Business Idea

    Morning all. I've been doing a bit of research, about all these current (mostly dodgy, money grabbing!) sites, that provide boiler leads for a cost. I currently think that their current business model just doesn't work properly. Why should we pay for the chance to quote, only to be undercut by...
  8. K

    Business opportunities

    This shop is covering as many options as possible, seen this shop in Glasgow the other day, there is actually another one with the same sign about half a mile along the road
  9. T

    Business Networking/Meetings

    Anyone ever tried this sort of thing to increase business? Got a few large firms round my way that attend these types of meetings & apparently they've hired a few self employed trades as contractors. Almost like a type of job interview, just without all the long winded paperwork. I keep...
  10. M

    Best bank for small business?

    I'm sick of my current bank (Co Operative) for a number of reasons, so I'm looking to switch. Who do you bank with and would you recommend them? Cheers!
  11. D

    The Plumbers Arms

    :50:The Plumbers Arms is now open. :party: The Plumbers Arms is an area that you're only allowed to view if you've been granted access (given the key to let yourself in, yes we're that friendly in this pub). To gain access you HAVE to be a professional plumber, or one going through their...
  12. H

    Card payment machine

    Does anyone use or have experience with their business operating one of these machines. Pro's and con's.
  13. S

    Answering the phone with hello, or your business name?

    bit of a random... border line weird question :biggrin5: just wondering, when you get a phone call, do you all answer "hello" or "hello *busiess name* " ? reason i ask is, i have another business (none plumbing) and always answer the phone with the business name.. but ive seen alot of people...
  14. R

    Government free boiler schemes

    I am hoping somebody on here has some information on how to get some work from the free boiler schemes not sub contracting but getting registered to do it freom start to finish ie eco & greendeal also anything else or is it not worth it would be good if we could all put the info we have on one...
  15. S

    web site bringing no business

    so we moved out of london to a village near Northampton and I had new website build and its number 1 on page 1 when you serch for a : plumber in northampton , but I dont get any calls at all , had one call back in the summer and I earned £40 out of it ....... any views welcome ,web address...
  16. H

    British Gas Business are recruiting Installers in Scotland

    Hi all, British Gas Business are recruiting now for Commercial Gas Install Technicians Base salary up to £31k + overtime & standby (c.£36k OTE) Location - Scotland West (G, PA, KA, DG, ML, FK) You will attend customers' sites and carry out installation of wet and dry gas or oil fired...
    • Helen BG
    • Thread
    • appliances british british gas business commercial domestic electrical gas installation installers scotland
    • Replies: 0
    • Forum: Plumbing Jobs | The Job-board
  17. C

    iPad/iPhone business software

    Looking for apps to keep all my invoices ,quotes,emails & all my different jobs together in one place !
  18. S

    Business from the UKPF

    Can't tank enough this forum from the beginning of this year must have had over 20k worth of business again . Thank you UKPF . And I am to look at a big job next week too .....
  19. cr0ft

    Franchising as a means to expand business

    Hi all. Have any of you who have gone down the route of setting up a brand to represent your business and built up a decent business ever considered franchising with a view to growing your business? Just wondered what everyone's thoughts on this are.
  20. P

    Buying an Existing Business...

    Hi All, Some of you may know I run my own company. The one I did my apprenticeship is coming up for sale in the next few weeks as the gaffer is now coming upto his 70th birthday and has no family to pass the business down to. The business itself is turning over about £700,000 last financial...
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