Business insurance
Using www.moneysupermarket.com, we decided to draw up a quick estimate as to what insurance we may have to pay. However, as we initially chose a partnership structure to base our business on, the amount may differ from the one below. In this case, they provided an estimate of £265.
Based on a limited company
As you can see, the quote is around £120 more than if we were a partnership.
Other equipment costs not accounted for
Although we initially disregarded the following, we decided it would be beneficial adding these to the existing equipment costs to provide a more accurate estimate.
Accountant
Luke got in touch with a friend of his who trades as an accountant and he provided a rough estimate of around £350 - £400 for a small, start-up business like ours; based on what we intend to turnover.
No comments:
Post a Comment