Limited company or sole trader?

[rob1963]

And had any asked if you were a sole trader?

None at all.

Like I said, they probably don't care.

Many of my customers prefer the 'backup' of a company.

Fair enough.

Out of interest, what backup does a company have that a sole trader or partnership doesn't?

[CRAZY K]

None at all.

Like I said, they probably don't care.



Fair enough.

Out of interest, what backup does a company have that a sole trader or partnership doesn't?

I would say its the organisational ability of the business that matters not what its called.

Im a sole trader but have instant access to more Barn Dance Callers for back up than virtually anybody in my specialist field.

I must admit that is sometimes helpful for customers who are concerned,
I had one like that recently.

CRAZY K

[rob1963]

I would say its the organisational ability of the business that matters not what its called.

And I would say it's the service provided by the business that matters, not it's business status.

After all, If I wanted to, I could become a limited company tomorrow (and for very little cost)...but my service & back up would be exactly the same as it is now!

[A1DL]

After all, If I wanted to, I could become a limited company tomorrow (and for very little cost)

Rob, whilst the initial formation cost may be negligible, the ongoing costs, in particular annual accountancy costs, would most likely be significantly larger than those you may currently pay as a sole trader.

[rob1963]

Rob, whilst the initial formation cost may be negligible, the ongoing costs, in particular annual accountancy costs, would most likely be significantly larger than those you may currently pay as a sole trader.

That's fair comment...but at least I could go around telling everyone I was a company director!

[Solitaire Events Ltd]

That's fair comment...but at least I could go around telling everyone I was a company director!

People would still know what you really are though.

[Corabar Steve]

[rob1963]

People would still know what you really are though.

[Mark Wild]

To be honest i'd feel a bit of a knob saying "I'm the company director"

[A1DL]

To be honest i'd feel a bit of a knob saying "I'm the company director"

I think that's what Darren & Steve were hinting at

Sorry Arthur