How To Start Trading Your New Business

So you've decided to start a small business and you're ready to get started but how do you start trading your new business?

Here are some things that you will need to consider to get your new business idea off the ground.

Sole Trader or Limited Company?

The first thing to consider is whether you are going to trade as a sole trader or a limited company. The type of small business that you are going to start will greatly determine which option you choose.

A sole trader is a business that is owned by one person (with no staff) who is solely liable for the company's debts and fulfillment of contracts. This type of business tend to be favored by traditional skilled tradesmen like gardeners, plumbers, decorators, plasterers etc.

The advantages of being a sole trader are:

Having full control over the business.

It is easy to set up as there are fewer regulations to comply with. You will just need to ensure that you contact the Inland Revenue to advise them that you are self employed within 3 months of starting the business.

You will not have to complete a lot of forms like limited companies, but you will neglect, need to have accounts prepared ready for your annual self assessment tax return to declare annual profits and tax liabilities.

As there are no staff you will keep all of the profits yourself, which can remain private as you will not have to declare them to Companies house.

You will not have to register the company and therefore can be known as anything since so many many traders refer to themselves as "trading as …"

You can build up a more personal rapport with the customer.

It will be cheaper for you as accountants will charge you less as they will only need to complete a profit and loss account for you.

The main disadvantages to this type of company are:

You will be solely liable for any failures or liabilities such as your business failing or property being damaged.

It can be harder to compete with larger companies who have more staff and can therefore complete work quicker.

If you become sick you will have no income. Even though you can take out critical illness insurance, some will not pay out until after 1 month.

If your business fails you could have forced to sell your personal assets, such as your house, to fulfill your liabilities.

However, as your business becomes more successful you can minimize the risks by forming a corporation or limited liability company instead.

Limited Company

Unlike being a sole trader, when you form a private limited company your are registered in such a way as to ensure that you have limited liability, with your company and personal finances being kept separate. A limited company is owned by shareholders and operated by directors. By registering your company as a limited company you will need to consider the following:

You will be subject to corporation tax.

If you anticipate turning over £ 77k or more per annual you must register for VAT.

As a director you will have more legal, financial and administrative responsibilities.

You will have less control over the overall running of your business as you will be answerable to the shareholders.

You will need to register with Companies House and will be required to submit an annual return along with annual accounts to them each year.

NBThe difference between a private limited company and a public limited company is that in a private limited company all of the company shares are in private hands whereas in a limited limited company the shares are owned by the public.

The main advantage of registering a business as a limited company is that directors and shareholders only have "limited liability" and therefore their personal assets can not be touched, unlike being a sole trader.

Staffing

When you start a small business you are in effect becoming self employed and will therefore need to inform the Inland Revenue that your income may change. Even if you keep an existing job you must still inform the Inland Revenue.

The same applies if you are going to employ staff. You have an obligation to collect and pay their PAYE contributions to the Inland Revenue. The Inland Revenue will provide them your new business with a PAYE number and an account office reference number.

You can either do this yourself or you can appoint an accountant to all of this for you and to pay the wages and salaries on your behalf, which is what I do with one of my larger businesses.

Choosing a small business name

Creating a good name for your business is important. When choosing a name for a business, it is important to make sure that the name is not already in use, otherwise you could be sued.

You can either check with Companies House wherever the name you have chosen is available or if you are considering an online business or having a website for your business you can go online using sites such as go daddy to check wherever the domain name that you want is available.

I personally used to think that when naming a company you should make sure that the name reflects what your business is about, but many people argue that the name should be something that is easy to remember or one that is unusual and leaves a lasting impression like "confused.com" or "funkypigeon.com". After all who would have imagined that these types on names would turn into multi million pound enterprises?

If you plan to start a limited company, then you will need to register a company name with Companies House. They in turn will issue you with a company registration number that will be unique to your new company.

Companies House will then keep details of your new business including account and address details, for third parties to be able to view.

Small Business insurance

Regardless of what small business you start, you will need to take out a small business insurance to protect your business and your customers. There are many specialist insurance brokers who can put a package together to suit your company's requirements.

Make sure that you have your insurance cover already set up before you start your small business venture to ensure that your equipment and your promises are secured while you are setting up your business.

Once you have implemented the above points, you will be ready to start trading your new business.

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Cold Start or Non-Start To The Morning ( Booster & Battery Charger Fail )


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DIEHARD BATTERY CHARGER WITH START working great no problems



New battery DIEHARD START 2AMPA 10 AMPS 30AMPS

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Harbor Freight Cen-Tech 10/2/50 Amp 12V Charger With Engine Start Item #60581 #60653 vs Schumacher



UPDATE: 1-29-19 on sale with coupon for $29.99 in the email circular.

This video is a product review of the Harbor Freight Cen-Tech 10/2/50 Amp battery charger #60581 vs the Schumacher SE-1275A 12/2/75 Amp Automatic Charger.

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Dead Car Battery How to Jump start using schumacher



This portable jump start is great to carry around in your car where ever you go is very handy, just make sure you charge this for in case you need then is fully charge and ready to help you ūüôā
You can buy this on Amazon here the link https://amzn.to/2QaSMfA
Schumacher FR01240 650A 12V Jump Starter with Air Compressor
by Schumacher
$117.62

Thanks much to ll my awesome friends who let me borrow their battery chargers and car and your times when I need you guys, you know who you are. You guys is awesome thanks much again and God bless you guys!

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How to Start Your Own Tractor Service Business

You can start your own business, and work for yourself, and make pretty good money, if you have a tractor to use, and trailer to pull it with. You can also rent a tractor on a trailer in the beginning of your business, from your local rental yard, and ask him for a special discount, since you will be renting more than once. This will give you a good feel first, to see if you like tractor work. You can check around various places for the best deal, and then ask for even a better deal, no harm in that.

Once you have access to a tractor, there is lots of work in subdivisions, construction jobs, road grading, just about anything you can think of, for use with a tractor. You could contract with some companies that build houses. They usually always need to be graded level, with a tractor before they start building anything usually. Other houses on big lots, or even acres, like 1, 2, 5 and even bigger pieces of land, need a tractor, to grade their big yards, and keep the weeds at bay.

Lots of homes in the west are like that, especially in the desert areas. The tumble weeks grow so quickly, that most homes need tractors to scrape all the weeds off their land, and make them look clean again. You can make up a tractor service flier that you can pass out to landscapers, construction businesses, real estate agents, and more. Then you can do some adverting in the local paper. Make sure you have some nice signs on your vehicle also, to get more customers. It doesn’t hurt to have a nice big ad on your trailer you use to pull the tractor either.

Most rental yards charge a minimum of $200, just to rent a small tractor and trailer, so you know you can make money, if you target the right customers. Horse property home owners, are a good place also, as the corrals for horses, and other animals, need to be mucked out on a regular basis, so that the animals don’t get stuck, in their own environment. Which means, they need to be cleaned all the time, and you will get repeat business with that. Lots of new home lots need to be scraped clean of weeds, before a new house can be built. Other home owners, like to keep their weeds plowed over, on a regular basis, and they will be your repeat customers. And then, any side, or different jobs that come up, you can tackle, if you think you can handle the job.

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Why Affiliate Marketing Is the Best Way to Start an Online Business

If you’ve educated yourself enough with the information available to us via the internet, then you should have realized by now that your pursuit of a career in the corporate ladder is futile at best. Basically, the idea is to start as an intern, then a regular employee, then move up to a supervisory and/or managerial position and finally up to the executive levels of the corporate business that you’re in. Personally, I have nothing against this kind of aspiration as I too once dreamt of such things myself; however, the toll it takes to get to EXACTLY where you want to be could at least take 30 years; 20 if you’re exceptionally good at it.

The problem is we all can’t be exceptional and aside from the fierce competition in play, you’ll also have to face the insurmountable amount of bureaucracy, racism, favoritism, gender inequalities and other negative things in order to literally move up the ladder. The trade-off is not an ideal payoff even from an optimistically assessed standpoint. Therefore I would advocate that you start your own business and the cheapest way to do it is by building an affiliate marketing blog or website.

Defining Affiliate Marketing

Affiliate marketing is an easy income-generating business method where you take the role of the promoter and help the manufacturers and sellers connect with the end consumers. It should be clear that whether you take a passive or active role in this business, you are by no means the originator or creator of the products/services you promote. But you will get a small portion of the sales as compensation nevertheless. It’s basically a 3-way relationship between you, the seller and the customer.

What Affiliate Marketing is NOT

If you get an unsolicited email inviting you to join an affiliate network and it’s asking for an upfront payment, then you definitely have to scrutinize them and find out whether or not they’re scam or legit. Go to the Better Business Bureau (BBB) and find out about the company, if you can’t find any, then go to affiliate marketing forums and discussion boards. They would know a lot about these scam sites as news spreads fast in social media and forums. Another thing to look for is if these people are selling you unrelated products or something that you will never be able to use, like the $350 “Secrets to Affiliate Marketing Success” book or some other catchy titles; although a few are genuine but they don’t charge you that high.

The truth is you can learn basic affiliate marketing from top ranking websites and blogs. In fact, they can teach you more useful information than all those specialized books and DVDs that other people are selling. Becoming an affiliate is free when you sign up to affiliate marketing programs and the only thing that will really cost you money is web hosting, which is around $70 – $100 a year for your affiliate marketing blog. A few other expenses may include a unique website/blog logo (optional), your electric bill; hire a blog writer (optional because you can write the blogs yourself) and probably paid advertising to promote your website or blog (optional).

Types of Affiliate Marketing

What’s interesting about affiliate marketing is that you can earn commissions in more ways than most people think. Allow me to explain the 3 different types of affiliate marketing and how you can earn through them.

1. Unattached Affiliate Marketing – This type of affiliate marketing will not require too much work from you, you don’t even have to setup an affiliate marketing blog like those for Amazon Affiliate Programs. This is more like a PPC marketing (pay-per-click) where you just show affiliate ads on sites that allow this kind of marketing and then get a commission for each click through that web users make on the ads.

2. Related Affiliate Marketing – This type of marketing is where you are required to have some level of involvement and this is where you create an affiliate marketing blog or website and always show affiliate links on almost all of your website/blog pages. You also earn a commission for each time a web user clicks through the affiliate links.

3. Involved Affiliate Marketing – This kind of marketing may require you to actually use the products/services before you write a review about them and you should be able to write a more comprehensive and honest reviews.

You can choose from these 3 types of affiliate marketing methods, but most affiliate marketing programs uses the Type 2 affiliate marketing, which has some level of involvement and online presence from your end.

Putting the Cogs and Wheels Together

Now that you have an idea of what affiliate marketing is all about and what its common pitfalls are, you are ready to start your journey to financial freedom and a wealthy lifestyle! Affiliate marketing is just like any other type of business and you’ll have to plan a strategy months or even years ahead before you begin, so I will give you the basic strategy of how to become an affiliate marketer, signing up for affiliate programs, setting up your affiliate marketing blog and all the other important details about it.

Steps to become an affiliate marketer:

1. Decide what niche topic you want to use for your blog or website. It’s better to write reviews or general information about products/services that you’re passionate about, because you will write better articles for them compared to those that you don’t like. For instance, if you’re mad about crochet or kids bicycles, then that is the niche you should pick for your blog! Affiliate programs have a huge inventory of items for sale and they do include crochets and bicycles for a fact. If you’re more of the business-minded individual and you think you can write just about on anything, then by all means pick the niche that’s most profitable among the lot.

2. Create your website and purchase a cheap but reliable web hosting. You don’t need a web designer to build a website or a blog. You can use WordPress, Weebly, Web.com, Blogger, eHost and others to do that. Using their user-friendly “click & drag” features you can create your blog/website in 5 – 10 minutes!

3. Learn basic SEO and use it on your blog or website. Search engine optimization or SEO is a very good marketing strategy to allow your website to be known throughout the entire internet or at least the majority of it. If your website is easier to find in search engines, then it is more convenient for people to visit it, and more visitors means more money for you.

4. Learn social media marketing to extend your presence online. In reality social media marketing or SMM is also a part of the grand scheme of SEO and without it, your SEO campaign would not be as successful as you’d expect it to be. There are literally billions of people hanging around the web on a daily basis and much of them are in social media sites. It would be a logical choice to get visitors there for your website and increase your income potential.

5. Learn about paid advertising and consider it deeply on whether you need to use it or not. Paid ads help because they target the right kind of people who are already looking for products that you promote. Meaning there is a good chance that they will buy. Wouldn’t you want them to buy products through your affiliate links? I would!

6. Start filling up your website with content. In case you plan to write boring and unimpressive blogs and articles, then I’d advise you to no longer continue in your pursuit of creating an affiliate marketing blog, because I promise you people will not want to read your blogs or visit your site. Write articles that will impress you first. This will let you know whether or not people will want to read about what you have to say. If you can find an extremely critical person to judge your writing, then that would be better as it will help you greatly improve on your writing style. Reader engagement is absolute in affiliate marketing. It will determine your income capacity, so do your best in writing content for your site above all else.

How you earn in affiliate marketing:

• The manufacturer/seller signs a partnership deal with the affiliate network or program and in turn, when you sign up with the affiliate network as an affiliate, the partner affiliate network will give you a small percentage share on every item you helped sold.

• You’ll need to embed or display affiliate links on your website or affiliate marketing blog about the products you’re promoting. The purpose of these links is to guide your blog readers to the seller’s webpage (which is usually in the affiliate network’s site) so that they can make purchases of the items they like.

• The percentage commission on each sale range from 1% – 10% (some give more than 10% but rarely) and this is how you generate income. For example, a web user happens by your blog about coffee machines and he/she read your blog review or informative article. The reader was impressed by your blog and decided to click on the affiliate link, then make a purchase of 1 coffee machine worth $350. If the affiliate network allowed 7% of that amount to be your commission, therefore your income for that sale alone will be $24.50.

• You may notice that $24.50 is a small amount and not enough to convince you to become an affiliate; however, if you were able to bring 10,000 visitors to your blog in the span of 30 days and about 4,382 people bought coffee machines for themselves, then your income for that particular month should be $107,359! If you’re able to bring as much visitors to your website on a regular basis, then you can bet that your monthly income should be around these numbers. Now you can appreciate the value that SEO and SMM can do for your affiliate marketing business.

How Much can you Make?

The straight answer to this question is… there is NO LIMIT to how much you can earn. The website called Pickmyshaver.com around October or November 2013 and then 8 months later its regular monthly income became $8,446! If it had continued as is it would earn over $50,000 a month by now, except that it was purchased in Flippa by an anonymous buyer for $60,100 around June 2014. That’s just 1 website and I’m pretty sure on your best day you can manage 2 – 3 sites for affiliate marketing.

At this point I will let you use your imagination as to how much you can earn; or is it how hard you desire to earn. It’s entirely up to you. I am confident that this article should help you get started in creating your own affiliate marketing blog and earn not just money, but your freedom from the everyday worries of life. Once you start earning over $8,000 a month, then you can buy more time to spend it with the people that matters to you most – your family. I wish you all the best and don’t forget to drop a comment below and tell me how affiliate marketing has changed your life like it has changed mine.

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how to fix a dead rechargeable battery – revive restore rejuvenate jump start any damaged batteries



Battery Charger Amazon review: http://amzn.to/1TUbyNK

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Schumacher XP2260 – Create AC Power – Pump Tires – Jump Start Car



*** Dec 2019 Update…there is a new version now, with model number SL1332….link has been updated below to new product.

While we love “boondocking” (camp with no hook-ups)…. we still have a few items we need¬†to keep charged¬†in order play music or our GPS that we use¬†riding our dirt bikes.

We’ve used a Schumacher “Instant Portable Power”¬†unit¬†for about 6 years.¬† ¬†I can’t count how many times we’ve used it over the years.¬† It is¬†a solid “work horse” and has¬†never failed to perform.¬† ¬†It’s an impressive tool!¬† We’ve used it for big jobs such as¬†jump starting cars and¬†filling tires to the proper air pressure…to small jobs such as charging phones and laptops.¬†
Last summer, we were¬†camping… and we ended up in a heat wave.¬†¬†¬†It was over 100 degrees for 5 days straight, which is not typical summer camping weather for us!¬† The power unit came to our rescue as we¬†used it¬†to operate a small fan inside our RV.¬† Having air moving around the RV¬†made a huge difference….!¬†¬†

We mainly use the Schumacher “Instant Portable Power”¬†during our camping trips, however, we were so impressed with it….that we¬†now have an additional one that remains¬†in our truck for those rare yet surprising “just in case” moments.¬† ¬†

Jim will charge the units¬†about 3 times a year.¬† Yep…..¬†¬†¬†it’s amazing how well it maintains a charge.¬† Another great feature¬†… it comes with a¬†sealed lead acid battery which¬†allows for storage in any position.¬† ¬†¬†

In the end….¬† the¬†Schumacher “Instant Portable Power” unit is hands down one of the best purchases that we have made over the years.¬†¬†

Link to Device on Amazon:
Schumacher Instant Power Рhttps://amzn.to/2BFRcrO

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2001 F350 7.3 Diesel -VS- 3 Battery Jumpers, Can any Jump Start it?? NOCO, Audew, JNC Air



This was a fun test to make, not knowing what will happen is the biggest fun of it all, Since the 7.3 is such a big old school diesel engine i knew it was to put up a fight for sure an she did!!! Next video i want to see how many starts i can get per each jumper box on one full charge with the Silverado 5.3 engine.

Also i want to find a 6.7 started from a 2011-2017 F250 and see if that can fit and if that would improve the starting process perhaps????

If you were thinking about getting one of these chargers here are the links bellow, I would suggest the Audew because its the cheapest and seems to be the most capable, Noco would be my second choice because its bigger so im guessing it can jump start more times than Audew and the JNC Air is also great because its a compressor all in one and its capable of starting all sort of engines as well and pump some tires.

Audew 1500 Amp Battery Jump Starter 20,000 Mah
https://amzn.to/2PbsKU0

NOCO GB70 2000 Amp Battery Jumper Box
https://amzn.to/2LiOywH

JNC Air 1700 Amp Compressor Battery Jumper Box
https://amzn.to/2rAHWRt

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