NLIC.org

Daisy Said:

how do I find out from the net if a UK business is for sale?

We Answered:

depends why and how it's for sale.

Flotation - it will be pushed through by a finance house with a lot of marketing directed at rich people and brokers. It might break cover on the net in that circumstance, close to the flotation date.

Trade sale - they're probably negotiating privately, and have no desire to publicise the fact. The net will know nothing.

Administrator/receiver - statutory notices will come out in statutory timescales. Not sure where - might be newspaper announcements.

Rose Said:

I'm thinking of starting a pc repair business in the UK do i need any insurance and what else do i need?

We Answered:

ins is to protect you from both customers being harmed and
you being harmed. I suggest
you fix 15-35 PCs and then
get ins!!

Christine Said:

How do I start a catering business (UK)?

We Answered:

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* How to Start a Home-Based Catering Business, 5th by Denise Vivaldo
* How to Run a Catering Business from Home by Christopher Egerton-Thomas
* Start and Run a Catering Business by George Erdosh

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Cecil Said:

What kind of insurance do I need for a PA hire business in the UK?

We Answered:

You'll need public liability cover (£3m min) plus fully comprehensive cover on the equipment.
Fully comp normally has a hefty excess so make sure your hire agreement covers that.
You probably need a specialist broker to arrange cover. Try the classifieds in MM or similar trade mags.

Warren Said:

New UK business. Should I be sole trader or LTD company? What are the Advantages & Disadvantages of both?

We Answered:

As a sole trader, if the business goes under owing any money, you lose anything you personally own (house, car, tv, shirt on your back).

As a limited company, you lose what the company owns, money, office equipment, etc. Personal items are safe.

As a ltd co you have to file accounts, and have accountant costs, from what you describe, set aside about £1000/yr as a very rough guess.