Search the forum,

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.

View More On Wikipedia.org
Recent contents Top users
  1. R

    New Plumbing Business Knowledge

    I've recently been putting some serious thought into creating my own plumbing business, something which I've wanted to do for a while. I'm doing some research into start-ups as I'm pretty clueless about the process. I've tried searching around the net and managed to find a guide that...
  2. F

    Hows business

    Evening guys, Just wandering how many people have some kind of business plan or stratergy? what works for you? I know a lot of people use rated people, my hammer, etc. We don't personally but if it works for people then its something we may consider? We have recently grown our business, not...
  3. A

    How can you value a small plumbing and heating business?

    I think we would all agree that a small business relies to a large degree on its owner's skills.There are numerous threads on selling yourself to the customer,'people skills',excellent workmanship.fair prices etc.If this is so important ,is it possible to put a monetary value on such a...
  4. L

    Business Opportunity

    I am just finishing my 3rd yr Plumbing at college and want an an apprenticeship, I am 19 yrs old, been driving for 2 years and have passed all my college courses. In return for a work placement my father will give access to more work as he part owns an Estate agents as well as a social housing...
  5. K

    Just testing my plumbing business idea!

    hi everyone, just joined and thought this may be a good way of testing a business idea that is in my head. its fairly new so any feedback would be great. just a quick summary of me, i am 30 and have over 10 years experience working in plumb center, grahams plumbers merchant and my local central...
  6. N

    Business plan

    Anyone ever made one before? I am just about to start putting one together, just wondered if anyone has advice on how to go about it. Any advice would be great. Niall
  7. J

    promoting your business

    This is what i do at moment, 1. ebay listing 2. google organic/ maps 3. yell 4. leaflets 5. looking on planning portal and writing to everyone who has planning permission granted I am thinking of other ways and 1 way is these trusted tradesmen sites but last time i went on one of these was...
  8. B

    Help. Starting a new business.

    I've just passed my plumbing and gas exams,I have 3 years experience, I am also a full time firefighter. I want to work as a plumber in my spare time and wondering how to set up? Bearing in mind I already have a full time position, which is better the self employed option or the limited company...
  9. S

    Tax issues, please help!

    I realise this is more for an acountant to answer but I hope someone can make it a bit clearer. have recently become VAT registered and I employ 2 people. I am registered as a sole trader. If I were to charge £40 plus VAT I would charge the customer £48. the £8 VAT would then go quarterley to...
  10. D

    Advertising

    Hi guys I've been plumbing now for a while as part time but want to go full time self employed what's the best way which you get more work from I know word of mouth is a good form but need to get out there a bit more so I've got a good income coming on I'm on Facebook ,free index and a few other...
  11. K

    Business cards

    Where's the best place to get them. Online or find somewhere local. And how much do you normally spend. Thanks much in advance
  12. M

    Cash for scrap?

    My local scrappy has emailed me saying that with the new laws they can only pay by cheque or onto a card- we all know that!!! however they have said that they will also offer to cash the cheque for you immediately for a 3% commission charge! Two issues with that: 1- robbing bar stewards 2-...
  13. D

    Looking for Business partner/s

    Hi All I have been let down by a family member who is a qualified plumber and has over 17 years of experience in this profession. He is working for a hotel and doing some freelance work. I always encouraged him to own his business and I will be very willing to partner with him. I am a business...
  14. E

    Last few days for cash for your scrap

    Have just finished loading the van for the last cash run to our scrappie. As of the 3rd of December it will be cheque or transfer apparently. This was one of the last few perks we had so well done the government on introducing a law that will not discourage the toe rags who desecrate war...
  15. P

    Marketing and a little good will

    This year, just like last year and the year before that I am sending out personalised Christmas cards to a select bunch of customers on my mailing list. I have found this small gesture to be very well received, creates a lot of good will and more importantly repeat business. Give it a try,for me...
  16. S

    starting out obtaining work

    Any ideas on the best way to find self employed gas work?
  17. J

    Looking for work + questions about the plumbing business in Britain

    Helllo I'm a 22 year old who came here from Sweden a couple of months ago and I'm looking for a job within plumbing. I've studied plumbing & heating in school for 3 years (upper secondary education) and after that I've been working as a plumber (apprentice) for another 2 years. I would have...
    • JamieBuckley
    • Thread
    • about business looking looking for work plumbing questions work
    • Replies: 0
    • Forum: Plumbing Jobs | The Job-board
  18. A

    GSR query

    If your newly registered is there a period of time you have to wait before you can add people to your registration?
  19. J

    advertising/marketing advice for new business

    Hello people, i am new to this site and have previously found it really helpful so im hoping someone can point me in the right direction, I am an experienced heating engineer that has been recently made redundant, currently im considering starting out on my own as i have all my certs and...
  20. L

    Business Mobiles _ contracts and write offs

    Hi Guys, I am out of contract with virgin mobile at the end of December , but going to start a new business contract prior to that + get a new handset in the process , So I was wondering if anyone out there has recently , or is just about too , get a new mobile contract for their business...
Creating content since 2001. Untold Media.

Newest Plumbing Threads

Back
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock