Associate
- Joined
- 15 Aug 2006
- Posts
- 1,764
- Location
- Leicester UK
Hi,
I'd like to start by saying that this isn't promoting any business and I'm after advice rather than sales. Largely because the business doesn't exist yet, but also because it goes against the FAQ.
Myself and three colleagues are thinking about doing some sideline work, outside normal working hours but we want to do it 'by the book'. What we have envisaged so far is a business nominal overheads, that we are all equal partners in, that has it's own bank account and pays us based on our individual work. We want to all use the same company name and website and want to appear to our customers as one business rather than four people providing a similar service.
The problems we have so far are:
-We don't know what type of business we ought to be setting up or how to go about doing it when we do know what type we need.
-We need to figure out how to fairly distribute the incoming work
-We would like to have the administration handled by a professional to make sure its done, and done right.
-We will be turning over a small amount through the year, and it will be a mixture of services and products, with the services being the main basis of the business, so..
-We need to keep the overheads as low as possible to avoid making a loss some months.
Any help or guidance here would be very much appreciated.
I'd like to start by saying that this isn't promoting any business and I'm after advice rather than sales. Largely because the business doesn't exist yet, but also because it goes against the FAQ.
Myself and three colleagues are thinking about doing some sideline work, outside normal working hours but we want to do it 'by the book'. What we have envisaged so far is a business nominal overheads, that we are all equal partners in, that has it's own bank account and pays us based on our individual work. We want to all use the same company name and website and want to appear to our customers as one business rather than four people providing a similar service.
The problems we have so far are:
-We don't know what type of business we ought to be setting up or how to go about doing it when we do know what type we need.
-We need to figure out how to fairly distribute the incoming work
-We would like to have the administration handled by a professional to make sure its done, and done right.
-We will be turning over a small amount through the year, and it will be a mixture of services and products, with the services being the main basis of the business, so..
-We need to keep the overheads as low as possible to avoid making a loss some months.
Any help or guidance here would be very much appreciated.
