Tax

[calvinabc]

webinars.

[calvinabc]

if you can avoid it, pay for everything upfront and try to stick to as few suppliers as possible.

[mags1892]

If you can find a good accounts who also specialises in tax credits, then it will be very beneficial.
our business has grown to the point that trying to use Excel for our accounts, VAT returns, client payment tracking, and staff wages is getting silly, and so are moving over to Sage, which is a huge pain getting set up, and wish we'd used it from the start so it would have grown with us.

Sage will start to pee you off Im moving away from it ./

[pisquee]

Got an accounts who is also a designer friend setting up Safe for us, we get Sage One for free with the Sage account we use for credit card payments on our website and PDQ

[jennywren]

if you can avoid it, pay for everything upfront and try to stick to as few suppliers as possible.

This is the best bit of advice given, I have no overdrafts loans and pay as I go. I keep one months rent in advance and my wages and replace as soon as the month gone.

[JMugs]

With Jennywren on this one. I actually went a bit further. I took no money from the business in it's first year. The small profit from year 1 was my wages for year 2, the profit from year 2 was my wages for year 3 etc.

[Mugshots]

Cheers for all this help. Ive booked in with a local account at the start of february to go through it all. Ive no intensions of taking a "wage" for at least the first 12 months as im spending it all on stock etc.