Business question

m5ex9oqjawdg2i

Do all businesses need to be regristered, do all business need insurance? I am talking about cleaning windows door to door. I don't want to get accused for tax evasion or get in trouble for not regristering... What does one do?

EI-EAY

All business's should register with revenue and pay tax on their profit.
Most of what you need to know is on the citizens information site below.

http://www.citizensinformation.ie/categories/employment/types-of-employment/self-employment/self-employment-as-an-individual

If you need any more help feel free to ask

m5ex9oqjawdg2i

Ok, even if I am only making 100 euro a week?

Do you have to pay much for it?

Sonnenblumen

You will also need public liability insurance.

EI-EAY

Rachel Silly Blackboard wrote: »

Ok, even if I am only making 100 euro a week?

Do you have to pay much for it?

Your still supposed to register and file accounts but if your only taking €100 a week and have no other sources of income your liability will be zero.

See exemption limits

http://www.revenue.ie/en/tax/it/leaflets/it8.html

m5ex9oqjawdg2i

Sonnenblumen wrote: »

You will also need public liability insurance.

It's not a requirement, it's something you take out if you have a premisis or if your trade is risky, like electricians or shopkeepers. Domestic window cleaning will not require it.

Son

I would think you would need insurance.What if someone trips over your equipment and gets hurt?

m5ex9oqjawdg2i

Son wrote: »

I would think you would need insurance.What if someone trips over your equipment and gets hurt?

Trip over a ladder and get hurt? you probably deserve it for being that stupid.

Working large scale having a lot of contracts both domestic and commercial. I would have to work just to pay insurance. I can't afford it. Since you don't need to get it, I won't be getting it.

I'm more worried about the tax side of things.

Son

I understand you can't afford it.Im in a similar situation,starting a business in the service sector.Now i don't 'really' need insurance but if someone puts in a claim against me,i will be up **** creek.So i will be getting insurance cause all it would take is one claim.

drunkmonkey

Rachel Silly Blackboard wrote: »

Trip over a ladder and get hurt? you probably deserve it for being that stupid.
.

yes but people are can be clumsy, if your cleaning anything more than groundfloor windows you could take the chance but your home may be at risk...

if your not working and claiming some kind of benifit, i'd be more worried about the implications of getting caught rather than the tax man, if you take this business on seriously you woud hope to earn more than €100pw, you will need to charge vat on your services and claim back vat on your expensise, you have a bit to go before the tax man comes for his pound of flesh...

m5ex9oqjawdg2i

drunkmonkey wrote: »

yes but people are can be clumsy, if your cleaning anything more than groundfloor windows you could take the chance but your home may be at risk...

if your not working and claiming some kind of benifit, i'd be more worried about the implications of getting caught rather than the tax man, if you take this business on seriously you woud hope to earn more than €100pw, you will need to charge vat on your services and claim back vat on your expensise, you have a bit to go before the tax man comes for his pound of flesh...

If I was getting insurance it would be to cover myself if I had a fall or something, not someone else. I have nothing, and I mean nothing. They can have my degree for all I care. I posess nothing of any worth.

I would expect to make more than that, but not for a while. I don't understand tax at all. I charge someone for window cleaning, say 20 euro a house, I add 21% onto that? Round it up to the nearest fiver? Can people claim on that?

I don't have a business plan nor will I make one, I don't have a long term plan, this is only to tide me over until I get a permenant fulltime position.

professore

If you're only going to earn € 100 pw, why bother ? I would say if you do register you will get audited, no one will believe you are running a business and making only € 100 pw. You'd be better off working in McDonalds.

drunkmonkey

Rachel Silly Blackboard wrote: »

I add 21% onto that? Round it up to the nearest fiver? Can people claim on that?

I don't have a business plan nor will I make one, I don't have a long term plan, this is only to tide me over until I get a permenant fulltime position.

No you are charging vat on services which is at a lower vat rate of 13.5% but you will be paying vat at 21.5% on your purchaces (Bucket, Mop, Fairly liquid etc). You will need to submit detail to the vat man of all your transactions in running the business every few months...

tax is a completley seperate issue and something you don't need to worry about just yet....

if you've got some time on your hands maybe do a start your own business course with your local enterprise board, dosen't have to be the window cleaning business but you could learn a lot that will stand with you throughout your career...

tbh, for €100pw week i'd rather be working in a pub the odd night;)

Why don't you try get a builder/window fitter on your side (leverage your chances of getting work and still do door to door stuff yourself), offer to help him out for free for a week on condition that if he is satisfied with you, he will pass your details out to people and recommend you to people he does jobs for etc. It could be a way to get a reputation and if you are any good at reading people; you'd know soon enough if the guy was a decent bloke or a shrewd one trying to get you to do work for free.

Worth a shot!

DubTony

In a service industry you need to register for vat when your turnover reaches €37,500 per annum. Thats €720 a week. Thats just under 50 houses at €15 a go. If you're serious about it, you should be doing that within a couple of months.

The market probably won't take an increase in your price just because you're vat registered. You'd have to increase your prices to €17 (€17.02 to be precise). Homeowners can't reclaim the vat, although businesses that are vat registered can.

You won't be buying that many buckets and things. So you'll be paying vat every 4 months. If you do register, be sure to put that money away so you can pay on time.

If it was me, I'd "stop" at 50 a week, concentrate on houses and forget about vat. You'll be liable for a small amount of tax at the end of the year. Put some money aside weekly to cover that.

Have you looked into the insurance? How much is it? I don't think you're a high risk as far as public liability is concerned, although "stupid people" make claims and if it's your ladder they stupidly fall over, you're liable. Having said that, I'd be more concerned with breaking a window or something belonging to a customer which you should fix or replace. Good will is important to keep your business running.

The type of insurance you're talking about is something else altogether. Public liability covers everyone else, but not you. Talk to a broker for best advice.

Sonnenblumen

Rachel Silly Blackboard wrote: »

It's not a requirement, it's something you take out if you have a premisis or if your trade is risky, like electricians or shopkeepers. Domestic window cleaning will not require it.

Afraid I disagree with you, if there a risk, you need cover, and if you don't have cover, you're leaving yourself and any assets open to lawsuit.

Never dropped a bucket? Or see a ladder fall over, damaged a car in a driveway ? If you're cleaniig windows and a blind person walks into your ladder and is injured, who's at fault? Leave a ladder unattended because of a phonecall and whoops somethings happens?? You see you're already taking unnecessary risk by ignoring the potential risks.

There are more important things to worry about, but for a € 100.00/week, well....

m5ex9oqjawdg2i

professore wrote: »

If you're only going to earn € 100 pw, why bother ? I would say if you do register you will get audited, no one will believe you are running a business and making only € 100 pw. You'd be better off working in McDonalds.

I dunno, because it's better than making nothing? Would I be better off working in Mc Donalds? I think not. People do make very little in some businesses, if I made 100 a week i'd be happy, considering I have never done this before I think that would be a great start.

drunkmonkey wrote: »

No you are charging vat on services which is at a lower vat rate of 13.5% but you will be paying vat at 21.5% on your purchaces (Bucket, Mop, Fairly liquid etc). You will need to submit detail to the vat man of all your transactions in running the business every few months...

tax is a completley seperate issue and something you don't need to worry about just yet....

if you've got some time on your hands maybe do a start your own business course with your local enterprise board, dosen't have to be the window cleaning business but you could learn a lot that will stand with you throughout your career...

tbh, for €100pw week i'd rather be working in a pub the odd night;)

Well if I had the choice I would have a permenant full time job, but I don't that is why I am doing this in the first place. Worked in pubs for years, it's crap. I want to work for myself, if it means making less money then so be it, but I will work when I want, I can work for who I want to, you know?

I have looked at come courses already, nothings cheap. I don't have money for anything else, I reached my budget, I have bought everything I need to do the work.

DubTony wrote: »

In a service industry you need to register for vat when your turnover reaches €37,500 per annum. Thats €720 a week. Thats just under 50 houses at €15 a go. If you're serious about it, you should be doing that within a couple of months.

There's not a chance of me making that much. If I made up to 20K in the year it would be great.

Have you looked into the insurance? How much is it? I don't think you're a high risk as far as public liability is concerned, although "stupid people" make claims and if it's your ladder they stupidly fall over, you're liable. Having said that, I'd be more concerned with breaking a window or something belonging to a customer which you should fix or replace. Good will is important to keep your business running.

The type of insurance you're talking about is something else altogether. Public liability covers everyone else, but not you. Talk to a broker for best advice.

My mate has his own insurance company, I asked him for a quote, he has to get back to me. He has said it would be about 2K, I cannot afford that. If it was 100 I probably wouldn't be able to afford it, you know?

Sonnenblumen wrote: »

Afraid I disagree with you, if there a risk, you need cover, and if you don't have cover, you're leaving yourself and any assets open to lawsuit.

Well it is not the law to have it, you know?

Never dropped a bucket? Or see a ladder fall over, damaged a car in a driveway?

Nope

If you're cleaniig windows and a blind person walks into your ladder and is injured, who's at fault? Leave a ladder unattended because of a phonecall and whoops somethings happens?? You see you're already taking unnecessary risk by ignoring the potential risks.

Chances are, someone walking into a ladder won't damage themselves, unless they are champion power walkers, pick up emnough speed to break a nose or something. Chances of this is very slim.

There are more important things to worry about, but for a € 100.00/week, well....

What you mean by this?

DubTony

Seriously, €100 a day is more like what you'd earn if you work at it. Your €20k is quite possible. But you'll the expense running of your car to consider.

My mate has his own insurance company, I asked him for a quote, he has to get back to me. He has said it would be about 2K, I cannot afford that. If it was 100 I probably wouldn't be able to afford it, you know?

€2000 seems ludicrous to me. I assume your friend is a broker. Call one who's not your friend.

Good luck with it.

FusionNet

Just a little word of advice. I do IT and security work in commercial and domestic buildings. I have PL of 6.5m. If you use one tool box, bag bucket or ladder you run the risk of someone hurting themselves. It doesnt matter if there a little think, if they trip over your tolls your liable. Insurance for my business which is regarded as high risk is only €600. I sleep better knowing I have it.

I will tell you of two clients I have that had inceidents. A bar I do CCTV work for were cleaning there windows. The manager had a bucket and a few bits. Anyways as he is cleaning an old woman comes along and trips over the bucket, it was a nasty fall. Now it didnt matter that she was a little drunk, the bucket should not have been there. I had to get the CCTV footage as she was filing for compo.

Second business had no insurance, builing next door went on fire and damaged all there stuff. Cost them personally about 30 grand plus 3 months lost earning.

Insurance is cheap now, its worth it, if you dont have it and something happens they will take anything else you own.

Owning a business small or big is very tough especially right now but its worth doing right. You may think you can only earn 100 a week but I know a window washer that makes about 600 a week!! Think bigger, make more and do it right..

m5ex9oqjawdg2i

Firstly my mate won't screw me over, that was his estimate but will get the proper figures soon. Insurance is cheaper than this time last year.

I invested every penny I had, which wasn't a whole lot into this "business" I am not expecting a massive turn over. I want to put a worste case scenario on the plate, that's why I estimate €100. It's better than nothing. Some weeks will be good others will be bad.

I know it's the wise thing, it's the sensible thing, but if I cannot afford insurance then I simply cannot afford it. If I were to be successful (I hope I am) I will of course get insurance. I don't want to invest a lot more into something that might not take off, get me? It's a risk I will have to take for the time being until I get a cash flow. A positive one at that . Thanks for the advice people.

drunkmonkey

You can pay your insurance monthly, so get a cheap quote and just pay as you go....

btw, what degree have you that is making you shoot for window cleaning as a business, seems like a strange choice for an educated fella...

DubTony

I invested every penny I had, which wasn't a whole lot into this "business" I am not expecting a massive turn over. I want to put a worste case scenario on the plate, that's why I estimate €100. It's better than nothing. Some weeks will be good others will be bad.

If I were to be successful (I hope I am) I will of course get insurance. I don't want to invest a lot more into something that might not take off, get me?

I was going to let this go, but I can't. When Darragh29 had a go at you a couple of weeks ago I felt he was a little bit out of line, but now I can understand why he did. You've been told in almost every post here that you need insurance and it looks to me like you're all set to ignore it. In the other thread you were told how to make a success of your "business". (Your inverted commas, not mine. It'll be a business if you work at it.)

Take this on board, if you listen to nothing else anyone says here. If you aim for €100 a week, that's all you'll get. That's 6 or 7 houses. You should have that by lunchtime on Monday. I've already told you how to go about ensuring your business can be a success. But it seems to me that you aren't really that open to the advice given here. I have 16 year olds working for me at the weekends earning €100 for packing a few shelves and serving customers. If you're not going to really try to make a go of it, you should try your local Centra.

Here's a worst case scenario for you. You're on a ladder, and you drop your squeegee. There's a woman pushing a buggy with a 4 month old kid in it. The thing lands on the kids head and impales itself. The kid is left permanently brain damaged. Insurance won't stop you feeling sick about it for a long time to come, but if you don't have it, that woman and child will own your arse for ever. You need a couple of million in public liability insurance whether you can afford it or not.

I'm assuming you're young. Either that or just very naive.

my mate won't screw me over

Some people will screw you irrespective of who you are. Use your youth to your advantage and get working. The longer you sit thinking about it and (maybe subconciously) finding reasons not to do it, the more likely it is that you won't. Get the bloody insurance and go clean some windows. If you're not making 30k a year in 18 months time, you're spending too much time sitting on your arse.

m5ex9oqjawdg2i

drunkmonkey wrote: »

You can pay your insurance monthly, so get a cheap quote and just pay as you go....

btw, what degree have you that is making you shoot for window cleaning as a business, seems like a strange choice for an educated fella...

Of course, only stupid people clean windows.

DubTony wrote: »

I was going to let this go, but I can't. When Darragh29 had a go at you a couple of weeks ago I felt he was a little bit out of line, but now I can understand why he did. You've been told in almost every post here that you need insurance and it looks to me like you're all set to ignore it. In the other thread you were told how to make a success of your "business". (Your inverted commas, not mine. It'll be a business if you work at it.)

Take this on board, if you listen to nothing else anyone says here. If you aim for €100 a week, that's all you'll get. That's 6 or 7 houses. You should have that by lunchtime on Monday. I've already told you how to go about ensuring your business can be a success. But it seems to me that you aren't really that open to the advice given here. I have 16 year olds working for me at the weekends earning €100 for packing a few shelves and serving customers. If you're not going to really try to make a go of it, you should try your local Centra.

Here's a worst case scenario for you. You're on a ladder, and you drop your squeegee. There's a woman pushing a buggy with a 4 month old kid in it. The thing lands on the kids head and impales itself. The kid is left permanently brain damaged. Insurance won't stop you feeling sick about it for a long time to come, but if you don't have it, that woman and child will own your arse for ever. You need a couple of million in public liability insurance whether you can afford it or not.

I'm assuming you're young. Either that or just very naive. Some people will screw you irrespective of who you are. Use your youth to your advantage and get working. The longer you sit thinking about it and (maybe subconciously) finding reasons not to do it, the more likely it is that you won't. Get the bloody insurance and go clean some windows. If you're not making 30k a year in 18 months time, you're spending too much time sitting on your arse.

Not sure if you people understand or not, back to the OP, IS IT A NECESSITY. Let me translate it for you, Is it required by law to get insurance, the answer to that is no. Therefore I won't be getting it.

People are advising me to get it, I state over and over again that I cannot afford it at the moment, but some are too ignorant and stupid to just accept that. If I get insurance or not is my decision. I really don't care what you think is right or not. In an ideal world I would have insurance.

If it's so simple to make 30K a year, why the hell don't we have everyone doing it? Sure lunchtime on monday I should have 100 quid in my pocket, that's 15 hours a week for 30K a year. Why didn't I think of this 10 years ago. I would be well on my way to becomming a multi billionaire.

I have more ambition than to work in my local centra, don't you know? Not a lot of people are hiring. Most people don't understand that until they are out of work.

If I ever brain damage a kid with a squeegee... christ can't even believe you are seriously thinking of that. It's simply not going to happen.

So back on topic, I don't give a damn what you think or anyone else thinks is right or wrong, what I should do and not do, I will find out the best way for myself. I ask for one thing and people feel obliged to give me a lecture on every aspect of business, I don't want it as it's completely useless to me. Your advice is useless.

Take a look at the origional post or GTFO.

DubTony

aaaaaaaahhh!

You're definitely not suited to self employment. You're in the wrong forum. GTFO. (as is seemingly said around these parts from time to time.)

Rachel Silly Blackboard

Rachel Silly Blackboard wrote: »

So back on topic, I don't give a damn what you think or anyone else thinks is right or wrong, what I should do and not do, I will find out the best way for myself. I ask for one thing and people feel obliged to give me a lecture on every aspect of business, I don't want it as it's completely useless to me. Your advice is useless.

People are just trying to help you - i.e. taking time out of their day to reply to YOU.

You can at least have the courtesy to listen and understand that they are trying to help you.

Do you like other people?

Darragh29

Rachel Silly Blackboard wrote: »

Trip over a ladder and get hurt? you probably deserve it for being that stupid.

If you have a business that involves risk, you need insurance. If you're up on a ladder somewhere and you drop a bucket on someone's head and split them in two, either you have a large reserve of cash to deal with this person suing you or else you need public liability insurance.

drunkmonkey

Rachel Silly Blackboard wrote: »

only stupid people clean windows.

And only really stupid people clean windows without insurance...:P

m5ex9oqjawdg2i

DubTony wrote: »

aaaaaaaahhh!

You're definitely not suited to self employment. You're in the wrong forum. GTFO. (as is seemingly said around these parts from time to time.)

You GTFO... I came to this forum for advice on a few I am most suited to all types of employment. My work experience shows that. I do thank you for your advice, but I don't care what you personnaly think, ok?

Deleted User wrote: »

People are just trying to help you - i.e. taking time out of their day to reply to YOU.

You can at least have the courtesy to listen and understand that they are trying to help you.

Do you like other people?

They could start by answering the questions I asked, intead of going on tangents. I didn't ask what people thought of the consiquences of not having insurance, I am well aware of what they are. I do appretiate peoples advice, not their opinions.

Darragh29 wrote: »

If you have a business that involves risk, you need insurance. If you're up on a ladder somewhere and you drop a bucket on someone's head and split them in two, either you have a large reserve of cash to deal with this person suing you or else you need public liability insurance.

Not sure how many times I have stated this, I KNOW. I know having insurance is important. I was told that I was in a low risk business. It still doesn't matter, I cannot afford it right now. I will get it when I can, my question was, "IS IT COMPULSORY TO GET INSURANCE" The answer to that, as I have stated already, is NO. Therefore I can go ahead with washing windows legally without insurance... for the time being.

drunkmonkey wrote: »

And only really stupid people clean windows without insurance...:P

It seems that people post here to troll, after I stated so many times what I did, some of you people still think it's ok to post your useless opinions. I am not sure if ye are just plain ignorant or lact the cognitive capacity to process what I am trying to say. Would I be right?

For those of you, and those posts which actually held proper advice, I thank thee.

m5ex9oqjawdg2i

drunkmonkey wrote: »

You can pay your insurance monthly, so get a cheap quote and just pay as you go....

btw, what degree have you that is making you shoot for window cleaning as a business, seems like a strange choice for an educated fella...

Sorry I should have said:

What does it matter what one goes for, if there is demand and you can make money out of it, why go for something complicated?

DubTony

You GTFO...

Hey. You started it.



You know what? You're right. We're all just a bunch of know nothing know-it-alls. You don't have to get insurance. You don't need to register for vat.

Go on. Go for it. Break a leg (hopefully for your sake, not someone else's). :rolleyes:


"Daddy. I'm finished with this discussion."
"Ok, son, just throw the leftovers in the bin."

FusionNet

Im sorry but where is a MOD when you need him. IAMXAVIER, if you want opinion or not it is not an option when you publically post a forum question. People here with vast experience, much more than you perhaps are giving you advice. If you dont like it put up and shut up but dont for a minute disrespect the time, effort and experience put forth in answering your question. Believe it or not but people actually give a ****e about you enough to be concerned over your business matter. If you dont get insurance or not is not going to make me running my business any easier but I'd hate to see a fello self employed guy go under if you did get in trouble. Plus god help you if it was me who fell over your bucket cause if I was out of work for 8 weeks cause of your tools thenm I dont think I'd be saying "its ok mate mate dont worry about it".

Dont be so defensive and offensive and show the good people here the respect they deserve and if you cant do that then say nothing at all..

m5ex9oqjawdg2i

DubTony wrote: »

Hey. You started it.



You know what? You're right. We're all just a bunch of know nothing know-it-alls. You don't have to get insurance. You don't need to register for vat.

Go on. Go for it. Break a leg (hopefully for your sake, not someone else's). :rolleyes:


"Daddy. I'm finished with this discussion."
"Ok, son, just throw the leftovers in the bin."

You're right about the insurance, your wrong about registering for vat. you know this.

FusionNet wrote: »

Im sorry but where is a MOD when you need him. IAMXAVIER, if you want opinion or not it is not an option when you publically post a forum question. People here with vast experience, much more than you perhaps are giving you advice. If you dont like it put up and shut up but dont for a minute disrespect the time, effort and experience put forth in answering your question. Believe it or not but people actually give a ****e about you enough to be concerned over your business matter. If you dont get insurance or not is not going to make me running my business any easier but I'd hate to see a fello self employed guy go under if you did get in trouble. Plus god help you if it was me who fell over your bucket cause if I was out of work for 8 weeks cause of your tools thenm I dont think I'd be saying "its ok mate mate dont worry about it".

Dont be so defensive and offensive and show the good people here the respect they deserve and if you cant do that then say nothing at all..

Well if people were putting in soooo much time, they might have considered reading the question I asked.

I said thanks for the advice, I was sincere. What I really hate is people's opinions on what I "Should" do and not what has to be done. Was it really that hard?

I found out the questions I need answered, Thanks to EI-Eay and theentrepreneur. Rest of ye are trolling and giving rubbish opinions. Who cares for opinions? I surely don't

Oh got a problem with my posts? Report me for them... not that hard either...

Darragh29

I'm going to give you some of the best advice here OP you will ever get in relation to being an entrepreneur. I see you have replied to an earlier post I made and I haven't even read your reply yet because I need to get these words out...

Here we go my friend.... If you decide to be an entrepreneur, you will be learning new lessons every single day that you are on this journey, and this is what it is, a journey which is a process of self discovery, self realisation, and learning your strengths and most importantly your weaknesses. You will not always see that you have failed, other people will often tell you where you have failed before you become aware that you have failed, and you will have to dust yourself off, get back in the saddle and continue on the journey. There is not a person advising you on this forum that has not learnt lessons that you could or any other person could pay to be taught.

For the first step of this journey to begin, you must be open to learning and you really need to be able to stand emotionally naked, and fully understand why it could come to pass that what you set out to do, is not achievable in the manner in which you set out to do it. Other people and their advice is central to this process of refinement and continual learning.

If you are going to start on this journey, then a certain amount of humility and acceptance on your part that you often do not have the answers, is going to have to emerge. You are going to end up with serious serious problems and needless nasty experiences if you keep locking horns with every person who you ask for help.

At the end of the day, one of the most difficult things about being an entrepreneur is sometimes having too much advice and you still having to make a decision, as the buck stops with you. Often people get swamped or overwhelmed with advice and do the worst thing of all, which is make no decision.

I hope you will take some time to digest what I've said above and think about how you could be in a stronger position if you can let other people sometimes work through you. I get the impression that you are seriously p*ssed off that you don't have a full time job and this is effecting your approach with a plan B which is self employment. If you don't sit down with yourself and ask yourself why you think "this" or react like "that", then you are trying to start this powerful journey with a blindfold and a pair of earmuffs on...

DubTony

DubTony wrote:

In a service industry you need to register for vat when your turnover reaches €37,500 per annum. Thats €720 a week.

Rachel Silly Blackboard wrote:

There's not a chance of me making that much. If I made up to 20K in the year it would be great.

DubTony wrote:

You don't have to get insurance. You don't need to register for vat.

Rachel Silly Blackboard wrote: »

You're right about the insurance, your wrong about registering for vat. you know this.

[banging head off wall furiously]

AAAAAAAAAARRRRRRRRRGGGGGGGGGGHHHHHHHHHHH!!!!!!!!!

[/banging head off wall furiously]

"I thought you were finished with this"
"Some things just need to be said"
"Let it go, you've more important things to be concerned with"
"OK"

Sonnenblumen

FusionNet wrote: »

Im sorry but where is a MOD when you need him. IAMXAVIER, if you want opinion or not it is not an option when you publically post a forum question. People here with vast experience, much more than you perhaps are giving you advice. If you dont like it put up and shut up but dont for a minute disrespect the time, effort and experience put forth in answering your question. Believe it or not but people actually give a ****e about you enough to be concerned over your business matter. If you dont get insurance or not is not going to make me running my business any easier but I'd hate to see a fello self employed guy go under if you did get in trouble. Plus god help you if it was me who fell over your bucket cause if I was out of work for 8 weeks cause of your tools thenm I dont think I'd be saying "its ok mate mate dont worry about it".

Dont be so defensive and offensive and show the good people here the respect they deserve and if you cant do that then say nothing at all..

Fair point, FusionNet and I agree where are the MODS? I would have expected some intervention before now. The OP's responses have been surprising and unexpected for this forum. So I'm just going to ignore the OP's thread.

Kine

DubTony wrote: »

[banging head off wall furiously]

AAAAAAAAAARRRRRRRRRGGGGGGGGGGHHHHHHHHHHH!!!!!!!!!

[/banging head off wall furiously]

"I thought you were finished with this"
"Some things just need to be said"
"Let it go, you've more important things to be concerned with"
"OK"

this response made me laugh...hehe

Kristopherus

Crikey, what a thread. OP, I really do hope you are successful. But I cannot understand your inability to accept the advice of all the other posters, who are obviously talking from experience. The advice given by Dub Tony and Darragh29 is priceless. You would pay a fortune for advice like that and you are getting it free !!! Why are you so sure you will only make 100 yoyos a week. Aim HIGH, man and decide you will earn €1000 a week and then go out and MAKE IT HAPPEN. Your Pl insurance should not cost more than €500 to € 800 and as a previous poster said, you can pay in instalments. In Business, as in Life, if it can happen,it will happen. Where and when, nobody knows. But it could be YOU.

Less negativity, plus a little humility,on your part, and you will get plenty of helpful advice here.

drunkmonkey

DubTony wrote: »

[banging head off wall furiously]

AAAAAAAAAARRRRRRRRRGGGGGGGGGGHHHHHHHHHHH!!!!!!!!!

[/banging head off wall furiously]

you'll like this little linky Tony:) (click)

m5ex9oqjawdg2i

Darragh29 wrote: »

I'm going to give you some of the best advice here OP you will ever get in relation to being an entrepreneur. I see you have replied to an earlier post I made and I haven't even read your reply yet because I need to get these words out...

Here we go my friend.... If you decide to be an entrepreneur, you will be learning new lessons every single day that you are on this journey, and this is what it is, a journey which is a process of self discovery, self realisation, and learning your strengths and most importantly your weaknesses. You will not always see that you have failed, other people will often tell you where you have failed before you become aware that you have failed, and you will have to dust yourself off, get back in the saddle and continue on the journey. There is not a person advising you on this forum that has not learnt lessons that you could or any other person could pay to be taught.

For the first step of this journey to begin, you must be open to learning and you really need to be able to stand emotionally naked, and fully understand why it could come to pass that what you set out to do, is not achievable in the manner in which you set out to do it. Other people and their advice is central to this process of refinement and continual learning.

If you are going to start on this journey, then a certain amount of humility and acceptance on your part that you often do not have the answers, is going to have to emerge. You are going to end up with serious serious problems and needless nasty experiences if you keep locking horns with every person who you ask for help.

At the end of the day, one of the most difficult things about being an entrepreneur is sometimes having too much advice and you still having to make a decision, as the buck stops with you. Often people get swamped or overwhelmed with advice and do the worst thing of all, which is make no decision.

I hope you will take some time to digest what I've said above and think about how you could be in a stronger position if you can let other people sometimes work through you. I get the impression that you are seriously p*ssed off that you don't have a full time job and this is effecting your approach with a plan B which is self employment. If you don't sit down with yourself and ask yourself why you think "this" or react like "that", then you are trying to start this powerful journey with a blindfold and a pair of earmuffs on...

Excellent post, honestly, I really appretiate that input. I will digest it and use it. Damn right I am pissed off and agitated that I cannot secure a permenant position in some company. A lot of people have given advice, a lot I have taken, a lot I have ignored, some I have taken because I felt obliged. Others will give input from their point of view on how you "should" run your business, my viewpoint is completely differant. Those giving advice cannot understand that, you know? Hard to say I rather do it another way.

DubTony wrote: »

[banging head off wall furiously]

AAAAAAAAAARRRRRRRRRGGGGGGGGGGHHHHHHHHHHH!!!!!!!!!

[/banging head off wall furiously]

"I thought you were finished with this"
"Some things just need to be said"
"Let it go, you've more important things to be concerned with"
"OK"

Oh relax, it's not that bad. You're going to have a heart attack or something :P

Sonnenblumen wrote: »

Fair point, FusionNet and I agree where are the MODS? I would have expected some intervention before now. The OP's responses have been surprising and unexpected for this forum. So I'm just going to ignore the OP's thread.

In doing so, you decide to post in the thread, well done. Anyway, what is against the rules exactly? Not taking peoples advice? Too many people have opinions, that pisses me off rightly.

Kristopherus wrote: »

Crikey, what a thread. OP, I really do hope you are successful. But I cannot understand your inability to accept the advice of all the other posters, who are obviously talking from experience. The advice given by Dub Tony and Darragh29 is priceless. You would pay a fortune for advice like that and you are getting it free !!! Why are you so sure you will only make 100 yoyos a week. Aim HIGH, man and decide you will earn €1000 a week and then go out and MAKE IT HAPPEN. Your Pl insurance should not cost more than €500 to € 800 and as a previous poster said, you can pay in instalments. In Business, as in Life, if it can happen,it will happen. Where and when, nobody knows. But it could be YOU.

Less negativity, plus a little humility,on your part, and you will get plenty of helpful advice here.

I cannot stress this enough, I do not know how the hell I am going to pay for my gas or electricity bill that is already overdue. I do not know how I am going to pay for my car insurance or tax which is up soon, I do not know when the next time I can spend money and not think "christ, what am I going to eat now?"

I will get insurance when I can afford it. Hopefully that will not be that long away. It would be great to make that amount of money, it would solve a lot of problems. People have little money now and I am sure they will find it hard to part with it. I don't want to think I will make a fortune and turn out with 100 a week, I know that is very very low, I think 300 - 400 a week is more realistic. I am a very hard worker, I won't stop at 400 and think it's enough. I will work the 5 days a week (I volunteer one day during the week) and make as much as I possibly can. I have a few people that want their windows done every month, if I could expand on this it would be great. Without any leaflet drops, or passing out a business card the demand is there already.

FusionNet

Dude,

My opinions where given from the following situation. I was made redundant. I was living off the dole most of which was paying my rent. I had roughly 15 euro a week to live off. I started my business in IT then. I had roughly 20 euro in my account, the banks were no help and I was left with no choice but to go out there and fight. LAst year we had a great turn over, Ive been able to buy all the tools I need and upgrade from a borrowed car to a van now to a bigger vehicle.

Anything is possible. I had absolutley nothing then I have little now but its better. You do what you can to survive and get off your feet.

Yes you can avoid VAT for ages, yes you can avoid insurance, yes you can work for cash for six months till you can afford to go official, you can do anything you like just be careful. I have read posts on here about people who have 40 grand to start a business and Im think, gees that would have been nice.

Im now looking at starting a second and third business from this one. Anything is possible.

Darragh29

FusionNet wrote: »

Dude,

My opinions where given from the following situation. I was made redundant. I was living off the dole most of which was paying my rent. I had roughly 15 euro a week to live off. I started my business in IT then. I had roughly 20 euro in my account, the banks were no help and I was left with no choice but to go out there and fight. LAst year we had a great turn over, Ive been able to buy all the tools I need and upgrade from a borrowed car to a van now to a bigger vehicle.

Anything is possible. I had absolutley nothing then I have little now but its better. You do what you can to survive and get off your feet.

Yes you can avoid VAT for ages, yes you can avoid insurance, yes you can work for cash for six months till you can afford to go official, you can do anything you like just be careful. I have read posts on here about people who have 40 grand to start a business and Im think, gees that would have been nice.

Im now looking at starting a second and third business from this one. Anything is possible.

OP this is exactly as I started out and it is the best way as you really learn the value of every Euro. When you start out, you can't always "dot every i and cross every t". If you waited until you could do these things before starting up, you would never get up off the sofa.

Do whatever you have to do to get up and running, and as soon as you can, reinforce and consolidate your position.

m5ex9oqjawdg2i

FusionNet wrote: »

Dude,

My opinions where given from the following situation. I was made redundant. I was living off the dole most of which was paying my rent. I had roughly 15 euro a week to live off. I started my business in IT then. I had roughly 20 euro in my account, the banks were no help and I was left with no choice but to go out there and fight. LAst year we had a great turn over, Ive been able to buy all the tools I need and upgrade from a borrowed car to a van now to a bigger vehicle.

Anything is possible. I had absolutley nothing then I have little now but its better. You do what you can to survive and get off your feet.

Yes you can avoid VAT for ages, yes you can avoid insurance, yes you can work for cash for six months till you can afford to go official, you can do anything you like just be careful. I have read posts on here about people who have 40 grand to start a business and Im think, gees that would have been nice.

Im now looking at starting a second and third business from this one. Anything is possible.

In the exact same position, only thing is I left college and I got some pretty bad loans from college and that. I do own my own car though so it's not too bad. I would rather a VW caddy or something like that to story the tools I have. My boot is a bit of a mess. I have things organised into buckets but I need more room. Hopefully I can change to something with more room in the next few months, would be great. I haven't touched the banks as I don't want to get into more debt. I have spent weeks pricing tools and all that, I got some that were cheap but I made sure I spent more on something like a ladder. It's something I will have for 20 years or more. I spent every penny I had on my tools, now I have very very little. Even going to the cinema is impossible. It's a risk I had to take. Hopefully it will pay off.

Darragh29 wrote: »

OP this is exactly as I started out and it is the best way as you really learn the value of every Euro. When you start out, you can't always "dot every i and cross every t". If you waited until you could do these things before starting up, you would never get up off the sofa.

Do whatever you have to do to get up and running, and as soon as you can, reinforce and consolidate your position.

I have reciepts kept for everything. I have an excel spreadsheet of my outgoings. What I expect to spend on petrol and materials each week. I will have my income too, along with tax and all that. I won't be registering for a few weeks at least, maybe a few months. I don't want to jump into the deep end just yet. I won't make enough to be in the tax bracket yet I would think. If I could make back what I have spent on materials that would be a great start, if it were to fail (which I don't think it will) then I would have lost nothing, I would have gained experience at the very least.

FusionNet

Hi again,

You can back date business regristration and VAT at least up to a year. So say you start today, you could technically register in 2010 and Revenue will be fine once you have receipts, bank statement etc. I also had debt when I started, Im just about to finish one of them this week and only have 2 more to go!! And your right, good tools will stand to you, I have one drill 8 years now and she's still going. Dont worry about the cinema, your social life may be very basic for a year or two but to be honest once you stop going out you dont miss it!! I havent seen a night club in 9 months i think!!

The rewards of a happy customer make it all worth while

m5ex9oqjawdg2i

FusionNet wrote: »

Hi again,

You can back date business regristration and VAT at least up to a year. So say you start today, you could technically register in 2010 and Revenue will be fine once you have receipts, bank statement etc. I also had debt when I started, Im just about to finish one of them this week and only have 2 more to go!! And your right, good tools will stand to you, I have one drill 8 years now and she's still going. Dont worry about the cinema, your social life may be very basic for a year or two but to be honest once you stop going out you dont miss it!! I havent seen a night club in 9 months i think!!

The rewards of a happy customer make it all worth while

So true, I don't drink very much anymore, I think the beer in the fridge is actually going out of date :P

My first real day was on saturday, I cleaned three chimneys. I have to go back to do more next saturday. I have reciepts for everything anyway, so I can claim that back in six months when I register? The vat that is.

RUDOLF289

To all,

If we have learned anything about this endless exchange is that when we ask somebody to clean our windows to make sure he is insured. No insurance, no work. Iamxavier may be prepared to take the risk and work without insurance but he is not cleaning my windows !

Axwell

RUDOLF289 wrote: »

To all,

If we have learned anything about this endless exchange is that when we ask somebody to clean our windows to make sure he is insured. No insurance, no work. Iamxavier may be prepared to take the risk and work without insurance but he is not cleaning my windows !

Also you might learn to look at the date on the posts and not resurrect it 2 months later with a pointless post offering nothing to the discussion.

RUDOLF289

Hello Axwell,

If I have caused offence, I apologise.

Did not realise there was a time limit on posting responses, then again, am only a novice at this, registered user less than 24 hours on this site. Still trying to figure out what this is all about.

As to being a pointless comment, looking at all the comments preceeding mine, there were a lot of them, especially from Iamxavier that made no sense to me. The thread just drove it home to me that the next time somebody offers to work on my property, I need make sure the person concerned is properly insured. Since nobody raised that I thought I'd make that point.

Cheers.

me_right_one

RUDOLF289 wrote: »

The thread just drove it home to me that the next time somebody offers to work on my property, I need make sure the person concerned is properly insured. Since nobody raised that I thought I'd make that point.

Cheers.

+1

Axwell

Theres no time limit but digging up an old post to flog a dead donkey is pointless it just goes round in circles.

I understand what you are saying about someone working for you having insurance though.

Ah it's a good point really, I mean if a bloke does something on your property and he has no insurance and an accident occurs, I am pretty sure it will result in the owner of the property getting dragged into it somehow.