[lisa123]

Don't know if this is the right place to ask, but when you are calculating turnover, do you include any loans received and partners money introduced?

then minus all expenses

and divide whats left into the partnership share?

(share being what each partner introduced) for example i paid in x and have 75% share and other lisa paid in x and has 25% share

allsales 10000
loans   1000
partners intro  1000
minus expenses  7000

leaves 5000
3750 partner 1 profit
1250 partner 2 profit

(not actual figures by the way) this form is doing my head in.

[Art]

What about giving it to your accountant?

[lisa123]

  i haven't got one. can't afford one yet sadly.

[*Chris Browne]

lisa, there are plenty of low cost accountants about, most of them do monthly terms you will be surprised at how much a month it would cost and for piece of mind its worth it! i will email you a company that have franchises all over the country that specialise in small business's

chris

[Moderator David@stives]

Lisa

you cant afford not to have an accountant.
He will save you more money than he charges , you should be able to get one for £150 for your first year if it is simple accounts.
You could actually fill in the form the wrong way which will cost you more in the long run.
An accountant wont usually pay you until after they have produced your end of year accounts.

Dave

[Karl Wheeler]

Hi Chris
You obviously run a professional business, but if you don't mind me saying your website is in need of a makeover. Did you do this yourself ? Would you be interested in having a site built that portrays you company the right way.?

KARL

[*Chris Browne]

i agree it was a homemade job from years ago, im having one built at the mo, thanks anyway


chris

[BSF]

Hi Chris
You obviously run a professional business, but if you don't mind me saying your website is in need of a makeover. Did you do this yourself ? Would you be interested in having a site built that portrays you company the right way.?

KARL

Just send him a copy of frontpage 6.0 you know the one your website was built with, its dead user friendly isnt it?

[*Chris Browne]

woooooohh, put those claws back in, go and sit down with a cuppa and a nice hobnob and watch the telly, i love a nice hobnob, do you?

[BSF]

woooooohh, put those claws back in, go and sit down with a cuppa and a nice hobnob and watch the telly, i love a nice hobnob, do you?

You are the sites HOBnumpty.... is that how McVities spell it? bet youve been called worse!

He has got a point though, like I said just buy a copy of frontpage then even you could have a website like that, u could then charge more per hour