how does one account for start up costs in the UK?
922516
There is no rule of thumb for this because it depends so much on the type of business you are looking at,its situation & how you want to launch it.Will you buy or rent a property or work from home?What equipment do you need & can it be bought in good condition 2nd-hand & thus save money?Why lawyers' fees?Does the type of business need a lawyer's input at this stage?What about accountants?They can be more useful in advising on the type of business to start with i.e sole trader/partnership/limited company?How to keep simple records,VAt registration,PAYE if you expect to have employees etc.I would advise finding a properly qualified accountant in a small practice.Their fees are usually less & you should get better treatment.the big firms are both horribly expensive & rather stuck-up.(Sorry,but I know a lot about this particular subject!)\n\n\n Why not do research via trade organisations etc & thus save \nhiring market reseachers?
754068
usually catalogues give you a 52 week account. So it would work out around £50 a month to clear it!
985071
You are saving on the VAT which if you bought the coins in the UK would be another 17.5%.\n\nBe carefull as if you sell in the UK you may be liable for duty.
354557
refer to this notes \n\nhttp://www.futureaccountant.com/process-costing/
759435
You can purchase a copy from Companies House.\n\nhttp://www.companieshouse.gov.uk/
351806
It's somewhat complex and there's a couple of different ways you can do it...this will get you started:\n\nhttp://en.wikipedia.org/wiki/Cost_of_capital
668112
Any price list or charge in his type of business is a combination of Labour, Materials, Plant, Profit and Overheads \n\nStep 1. Calculate (or guess) the number of man-hours it will take to do a task.  Cost out each man-hour and multiply it by the number of man-hours.\n\nStep 2. Calculate the cost of the materials he will use.\n\nStep 3.  Work out what plant and small tools he will need.  Calculate an hourly charge out rate for this plant and small tools by calculating the cost of the plant and dividing by the number of useful hours for each.  Also allow for repairs to that plant .  Multiply the cost per hour by the number of hours the plant will be used.\n\nStep 4.  Add 1, 2 & 3 and apply a profit margin of say 20% to this answer.\n\nStep 5.  Add say 15% for overheads to the amount from 4.\n\nDo this for each activity that he undertakes.  For example installing a light fitting in an existing painted wall and making good has a cost of materials, such as the switch, conduit, conductors, saddles, outlet box and cover, draw wire, light fitting, plaster, paint, cleaning materials on completion.  Include the labour required to chase the wall, draw the wire, terminate at the switch, terminate at the fitting, the plastering and making good.  Then add the cost of the drills, angle grinder, conduit bending machine, etc.  Overheads are items such as the transport of the materials, the ladder or access, the cost of the bookkeeper, telephone bill, rent of warehouse, advertising, marketing, etc.\n\nRemember that he should charge more money than it is costing him but at a price his customers are prepared to do business with him for.\n\nKeep a record of the prices charged against each item and compare it against the costs incurred.  Refine your price lists based on your data base.\n\nGood luck
291409
A single student should allow not less than 9000 pounds for each academic year (i.e. 9 months), or 12000 pounds for each calender yr. Also allow a further 800 pounds for additional expenses such as thesis presentation, books, travel etc.\n\nAccomodation costs about 125 pounds per week in the London area. It may be cheaper in smaller towns.\n\nIf you are coming to the UK directly from overseas, make special allowance for immediate costs on arrival which may be up to 500 pounds or more. This will cater for warm clothing (if you are coming from a hot climate), books and stationery and travel costs.
307376
It will take about $100,000 dollars and up to start. Why not start something cheaper? Start a business on something you know how to dobest.
802183
You should check with some specialist interim agencies on this one. It will vary as you probably know. Shorter the term, higher the rate and vice versa. If you are operating as an interim (ltd company as example) you might also be able to negotiate expenses separately to your daily/weekly rate. This is not my area, but I reckon £500/day would be the minimum.\nTry http://www.uk.eim.com/
120492
Opening inventory is the number/quantity of materials you wish to have on hand at the beginning of the project/venture.  This should be sufficient either to:\n\n1) sell enough to make an initial profit (enough to defray operating costs)\n2) produce enough to sell for #1 (assuming that the opening inventory is composed mainly of raw materials for processing)\n\nThis is a major part of the startup expenses because you would need these to get the project rolling.  Startup expenses include everything from the cost of research and development, permit applications, patents, acquisition or securing the location, and the like.  \n\nIn a nutshell, startup expenses would be the stuff you need to spend for before making your first dollar of sales/profit.  Hence, if you don't have stuff to sell/provide (opening inventory), you can't make your first dollar.  So it is actually a prerequisite for the start of the business.
336618
If you run your own business then the rules are different. If you are employed, your company would usually pay you a car allowance and a small amount per mile.\nLook for answers here:www.hmrc.gov.uk Use the queries phone line for advice.
449380
Check the GEM (Global Entrepreneurship Monitor) study for 2006. \n\nIt is hard to record all small nusinesses though as many are not vat registered as they earn less than £12,000 per year and this is one way many studies record figures.
937781
just make sure its not a company that makes you pay them a "fee" to start up.  those are scams.
532666
You have not mentioned the type of organisation. Manufacturing or Marketing etc.\nFirst you must divide the organisation into various departments on some related basis.You also must have the data regarding the costs or expenditures incurred.\nCollection Classification comparison itself would reveal many things. \nIf manufacturing organisation you can determine the cost per unit of production ; and compare with various periods.\nWell This is not a forum to cover the entire gamut of cost vcontrol.
137017
You would borrow money, typically, from depositors. You would need an equity stake of something like 15% when you first start-up although that could decline to around 10% as you grow.
371247
Not really, all businesses require some start up costs.