Scared of all things business

[Scared]

Hi guys,

I'm so glad i found this forum. Basically I have always been scared about business, tax, balance sheets...i.e. all things business.

However i have now decided to start my own business, and overcome my fear and ignorance in this matter. I'd really appreciate everyone's help and as I will be frequenting this forum often, i hope in some way i can help others too..

S

[Ian J]

Welcome - we have a mixture of financiers, accountants, IT peeps, sales and marketeers as well as quite a few other different breeds, all of whom are here to answer any questions that may fall within their particular area of expertise

[Joyous]

Hi and welcome to the forum.

Can I ask what you're studying and what your business will be?

Regards

Joy

[MikeH]

Welcome to the forum. I am sure that you will receive some good advice from the members.

Mike

[Corabar Entertainment]

Welcome!

We're all dying to know what business you have decided to set up..... tell us some more and how far you've got.

[alistair72]

Hi Scared,

An accountant costs money, a good accountant saves you more than they cost, but for starters get in touch with the inland revenue, they can put you strait about your start up tax issues in quite easy to understand language, check out the web page [url]http://www.inlandrevenue.gov.uk[/url] also try [url]http://www.businesseye.org.uk[/url] they have a free no nonsense guide to setting up.

I wish I was in a position to have pay vast amounts of tax, then I wouldn't need to worry

All the best
Alistair

[Scared]

[QUOTE] We're all dying to know what business you have decided to set up..... tell us some more and how far you've got. [/QUOTE]

Hey All, great response and thanks for the welcome!!

The business is nothing fancy, its a web consultancy, web marketting, web site design, content managements systems, graphic design etc etc...

I've been doing this for fun for ages, and then a week back a few people came up to me and asked me to do some pretty complex stuff for them. Then it dawned upon me that hold on, I can probably make some money out of this.

Otherwise I'm studying bioinformatics...

[Corabar Entertainment]

[QUOTE=Scared] Otherwise I'm studying bioinformatics...[/QUOTE]

I'm going to show my ignorance here... What is "bioinformatics"?

[Scared]

Hehe..

Bioinformatics is a recent field, and a blessing of the information age. To put it in a nutshell it is a study of biology using computational methods. i.e. computational biology.

Want to know more?

[peterjhale]

[QUOTE=alistair72]also try [url]http://www.businesseye.org.uk[/url] they have a free no nonsense guide to setting up. [/QUOTE]

Ah, we are listed in businesseye-damned good site

ps: sorry about quotes and that not working here - this is spammers paradise so I have disabled it