GraemeVW
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- 1,663
- Location
- Chesterfield
This second business I'm going to do with my other half. It won't need investment, or much money up front.Just one last thing
Talk to a good accountant, look at going Ltd, have the correct liability insurance
While it's small I'll do the accounts myself, probably just tie the small income into my sole trader tax returns.
I'll look at an accountant if it starts to make enough to make it worthwhile.
Liability insurance is something I hadn't thought about. I'll need this for my handyman stuff, but I guess if I'm selling products to people I'll need to look into all kinds of things like this.
One of the products is a liquid. A safe liquid, but I guess that will need ingredients lists, safety data etc even though it's not dangerous or toxic.
I don't know, lots to learn and think about.