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business

Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit."Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.

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  1. J

    I have a business idea. What do you guys think?

    Is there a market for flushing tankless water heaters? That's all I'd do as a business. I'd buy a flush kit on Amazon and start doing it. I've watched quite a few YouTube videos on it. I'm not a plumber. I am just wondering if you guys think this is a feasible idea. Thanks.
  2. H

    Best way to advertise my gas and heating business ?

    Hello everyone , just see if anyone has any advice on the best places and ways to advertise my little part time private business I’m starting in gas and heating . I work for a company full time , but would like to have a few jobs every now and then as well privately , but struggling to get...
  3. N

    ANY TIPS FOR NEW LTD BUSINESS? BUILDING CUSTOMER BASE ETC.

    Hi all, I have recently set myself up as a Ltd business. I was wondering if any of the experienced guys would be willing to share any tips to help me build my business? (such as websites/apps etc for finding new leads for example) I have been using boilerguide and local heroes but wondered if...
  4. P

    Business partner wanted (London, UK)

    Hello All, I am looking for an experienced Plumbing and Gas Engineer who would be willing to partner to build a team of subcontactors (10 in the medium term). You would ideally be a one-man band who is keen to get off the tools and run a business. I have successfully paternered previously but...
  5. D

    Anyone using online ads and if so, what's business like?

    I have recently got an ad with a well known ad company beginning with Y, for some reason I cannot use the word here. Can anyone tell me what custom is like if using the same?
  6. P

    Starting up a business.

    Hi all. Thanks for accepting me. I'm hoping some of you might be able to help? I'm 36 years old, last year I completed my level 2 City and guilds. I've been working the odd day here the odd week there, for a gas engineer and have picked up lots of valuable insights. I'm struggling to find...
  7. T

    CHP Engineer with Centrica Business Solutions?

    I know how a lot of people feel about Centrica but bear with me! I am midway through the application process with Centrica Business Solutions to become a Combined Heat and Power Engineer. I am coming from an aviation maintenance background, where there is literally no work at the moment. The...
  8. Dan

    Weekly Business Update Thread - Let us know how it's going please. :)

    We have a couple of threads running on the other forums. Trying to get people to give us a bit of an update weekly on how things are going for them in their trade. Thought I'd do the same for this forum too. Let us know what's working right now for you, how you're getting business in. Let us...
  9. Dan

    Plumbing Business Advice Regarding COVID - From Mental Health to Tweaked Marketing

    Plumbers and Plumbing Work During COVID-19 / Coronavirus Pandemic (Public Weekly Thread) Firstly, Hi lads and ladies. Apologies it has been a while posting here. @Lou and I have been checking in every now and again to catch up with some things. I have 101 unread messages and 1,160 notifications...
  10. 6

    Business grants Coronavirus

    As a uk ltd company with no business premises (work out of the van and do paperwork at home) it seems am not eligible for government grant offered to businesses with premises, at the same time not classed as self employed (as I take a wage from the business) anyone know what government help I...
  11. OffshoreGas

    Data protection - important for buine

    It’s been very poorly rolled out but anyone who receives or stores any data that can identify a person has to be complaint with new data protection (GDPR) legislation. It essentially applies to every business as even writing down a customers name/number would be classed as personal data. Good...
  12. centralheatking

    Has PF helped you in your job or your business ?

    I have been with PF for maybe 10 years off and on. On a day today basis the forum is a valuable tool. On a wider basis I can certainly state my association with you all has been absolutely pivotal in developing my business. For example I would have never met Alan Wright..shower power booster, he...
  13. Dan

    How to Add Your Business to our Plumbers Directory for Free!

    We've changed the directory a little bit so these instructions have changed a little bit to match. Step 1. Click the following link and fill in the details https://www.plumbersforums.net/plumbers-directory/add Step 2. There isn't a step 2 now. :D Note that this is for plumbers only, not...
  14. Lou

    Brexit And Your Business

    We don't want to discuss what you voted for and who likes who the best - but for discussing how your think your business could be affected by Brexit then use this thread. So How do you think your business will be affected by Brexit? Would it be better to leave or stay? Has your business...
  15. centralheatking

    We are visiting Eire on business next week

    I know there are Fitters etc from the free state on UKPF. We want to check out Plumbers merchants down the east coast from Dublin south down past Cork. We have identified some but any local info would be welcome. We have the international outfits but local ones would be handy. centralheatking...
  16. Rob Foster

    Servicing Tools is a very important part of any Plumbing business

    Is an important part if our onging business, rusty or seized tools are not good, so I have just found a long forgotten tool renovated it
  17. Ryooo

    Starting your own business

    Hi, still rather new on the forum but i wondering what advice you can give on going it on your own and starting your own plumbing and heating business. Just the usual rules of thumb stuff, harsh lessons learnt and general order of process on making the big jump! A bit about me, I'm 33 years...
  18. J

    Rate my business plan

    Hi all. Am new to the forum. Some of what I will be discussing has been covered in previous threads but I feel my situation is a bit more unique. I am an individual who has worked for the civil service for the past 20 years (am just shy of 40) and am looking for a career change. In my spare...
  19. M

    Gas safe for a business

    I am on the safe gas register for the company I work for. I am presently the only gas safe engineer there. If another engineer is added to the firms gas safe is he my responsibility? We would have the same registration number, but different license numbers.
  20. T

    Advice sought on business expectations

    Hi guys i'm self employed plumber in the north east i'm looking to grow my business and just wanted some idea of realistic numbers in reagrds to boiler installers and swaps per month, i currently do around 5 a month no advertising facebook or website, all of which im currently having designed...
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