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ashley1987 Offline
Business Planning
 
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Join Date: Dec 2007
two business as one - 17-12-2007, 11:40 PM

ill try to explain this my apologies if im not making myself clear, im fairly new to all business rules so im sorry if there is a simple answer.

I currently run a very small business selling used cars.

to generalise what i want to do is offer 'auto services' offering repair/servicing, valeting and offering supergard or similar protection to under cut dealer prices (if i can do that) as well as offering a transport/recovery service.

i also still want to sell the cars but i want two names, "**** cars" and "****auto services" itsa only really to seperate for image and advertising, but at the end of the day i want to do combine the 'takings' into one business.

is T/A the way to go?? any help or pointers gratefull.
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jim_gold Offline
Business manager
 
Posts: 44
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Re: two business as one - 18-12-2007, 12:37 AM

Sure it can be just one business. I don't think you need worry about any legal differentiation. If it were me I would run the company as ***** Ltd and on the bottom of the letterhead I would put something like ***** Auto Services is a trading division of ***** Ltd.
Though for your own accounting purposes it may be an idea to run 2 bank accounts.
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ashley1987 Offline
Business Planning
 
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Re: two business as one - 18-12-2007, 12:51 AM

dont think it makes much difference but in case it does should have mentioned it is/will be sole trader company
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jim_gold Offline
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Re: two business as one - 18-12-2007, 01:02 AM

sole trader business is the correct term I think rather than sole trader company which implies incorporated status.
well in that case it's 'joe bloggs' trading as ***** Auto Services and joe bloggs' trading as ***** Cars

assume you have looked into the pros and cons of incorporating or not?
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