Happy New Year to you all. I hope you have all had a happy, healthy and peaceful Christmas and are looking forward to 2013 with excitement and wonder. I certainly am, because for the first time since I gave up full time work ten years ago, I now have a business plan that seems to finally make sense, and I can’t wait to get going on it.
Monthly Archives: December 2012
It’s all over!! Whether you are waking up with a hangover, feeling sad and deflated, or just relieved it’s all over, the fact is that Christmas Day is past and gone for another year.
What you probably have if you are like many households in the UK, is a whole pile of leftover turkey to wade through. So I thought I would help by putting together some turkey ideas for you
Children need boundaries set: the trick is enforcing these boundaries effectively. Some things are unquestionable and a definite ‘No’, but it is the day-to-day little things that are exhausting. I can find myself barking orders continually and it is so wearing and counter productive. We all need something to look forward to. February half term can be an excellent time to take a well deserved break and recharge your batteries.
When my eldest daughter was born, now 8, I had lots of ideas about how wonderfully we would bring her up. That was while I was pregnant, before I joined the real world of being a parent and realised that children do not always have the same ideas as their parents! I had though that she wouldn’t watch television, we would be too busy doing other things. In this imaginary world, I would have endless patience, never be tired and have all the time in the world to be perfect!!
When starting your business from home, it can be very difficult to find the time to properly research all of the options available to you, especially if you are juggling your start up with looking after the kids too. One of the main decisions you have to make that requires in-depth research is which legal or accounting structure you would like to use – you may consider setting up as a sole trader, or in a partnership. Your other option is to set up as a limited company.
A limited company can be identified by spotting companies with the abbreviation Ltd after its name, and differs from sole traders mainly due to the case of liability. Whereas a sole trader or partner may be held personally responsible for outstanding debts or other legal action, with a limited company you are not. Profits and losses belong to the company, and it can continue trading regardless of death or otherwise of shareholders or those who run the business.