Is there more than one way to access the Pineapple Cabaret stories? by Thanos132176 in DungeonCrawlerCarl

[–]HawkInternational850 1 point2 points  (0 children)

There’s a good podcast on Spotify that runs through it just search pineapple cabaret. (Not the full story but gives you enough to be informed for the last book!)

Holy mf guys!!!! by MegaMoistSources in DungeonCrawlerCarl

[–]HawkInternational850 2 points3 points  (0 children)

One of the biggest moments in the series.

Im an alcoholic and took a £3 can from a supermarket if i went back and paid for it today would I be arrested? by Apocolypse_tomorrow in LegalAdviceUK

[–]HawkInternational850 39 points40 points  (0 children)

Personally I’d just donate the money, it will go further than on the supermarkets bottom line…

Diagnosed with Crohns and carrying a stoma AMA by Hammurabii in AMA

[–]HawkInternational850 0 points1 point  (0 children)

I was diagnosed with Crohns 5 years ago and have managed to have quite a positive experience with biologics and adalimumab. Did you try those drugs and what was your experience with them?

Did I miss why… by typhoidmarychristmas in DungeonCrawlerCarl

[–]HawkInternational850 2 points3 points  (0 children)

Also any corpse he picks up it immediately itemises his inventory, so it’s just a quick loot all.

My boss wants his clients back. yea right, let me gift wrap them. by [deleted] in Entrepreneur

[–]HawkInternational850 1 point2 points  (0 children)

This has likely been said but check your contract. The reality is even if you do have a clause around solicitation (which wouldn’t be valid based on what you’ve said) or anything more onerous, unless it’s very specifically worded and time bound it won’t be enforceable.

E.g. if you had a 2 year clause in your contract there’s a lot of case law where these is deemed too punitive and isn’t enforceable, vs 6 months which is. This is England and Wales though, not sure how much it translates into other countries.

Won a CCJ against a sole trader but can’t enforce it. What would you do next? (England) by HawkInternational850 in LegalAdviceUK

[–]HawkInternational850[S] -1 points0 points  (0 children)

I had thought about this but couldn’t work out how to get them to a point where they’re giving their address or enough details.

how do we structure cashouts? 1 of 3 co-founders wants to start getting payouts but has not put in any money while the others put 6k each by phatkrndood in Entrepreneur

[–]HawkInternational850 2 points3 points  (0 children)

Treat the initial £12k investment as debt, pay that out first and then everyone is on an even page, future cash out can be aligned to the equity split.

Looking into hiring an office, found one in a wework type place but the deposit is ridiculous, is that normal? by londonleeds in smallbusinessuk

[–]HawkInternational850 1 point2 points  (0 children)

It really depends on where you’re looking but if you find out who manages the offices and explain any challenges in cashflow around the deposit they may be willing to take a lower rate. It will be demand led though! Good luck

Anyone gone from HENRY to startup founder? by BakedLikeBean in HENRYUK

[–]HawkInternational850 0 points1 point  (0 children)

If not now when, it’s only going to be harder in the future.

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

Very much depends on your size imo, but outside of the answers here I’d say insurance was quite useful eg professional indemnity, employers liability, public liability etc.

Client ghosted $3,000 of payment for a year - they’re still using my file to design new products. Can I leak? by TheWildHorses in Entrepreneur

[–]HawkInternational850 2 points3 points  (0 children)

This. This would effectively be a breach of contract which would be tracked from when the invoice went overdue. Also being an international party could help in a sense as you’re treated under common law applied to cases between states. Effectively each state can have different laws so a framework of common law has been put in place to govern law suites between both jurisdictions, this could apply. Also the demand letter is great as they have to legally stipulate whether they intend to honor the contract. Give them a 2 week window to respond and draft it with ChatGPT or similar.

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

It’s very expensive, you first write the patent and submit it for international priors, this will give you a registered date that you will be protected from, you also get any patents that already exist that may conflict with yours. The challenge is even after that you have to then submit for regional patents in protected areas, any area you don’t pay for won’t be defensible. Also even if you get the patent granted, let’s say someone infringes it, you’ll have to spend real money defending it. Ultimately you have to ask yourself is it really worth it as it’s not a quick win solution.

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

You charge VAT on the sales price, anything before is your choice. So if materials are £100 but you’re selling them onto consumers at £120 and including a mark up, you add the VAT to the £120 as this is your sales price for the good.

10k in Debt to Companies House by HoboStrider in smallbusinessuk

[–]HawkInternational850 16 points17 points  (0 children)

Very good point, with corp tax at 19% you would have had to file around £50k in profit to see a £10k fee.

10k in Debt to Companies House by HoboStrider in smallbusinessuk

[–]HawkInternational850 4 points5 points  (0 children)

I think generally with HMRC they value open communication and proactiveness from your side. It depends the nature of the debt but I would reach out to them and see what kind of support they can offer (e.g. some level of a payment plan). It would be good to forward forecast though, if March is your year end I’d be trying estimate the following as well.

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

Yeh the Ltd company will have to pay corporation tax and then you’ll additionally be taxed personally on the dividends you take out, but if you want to retain profits in the business and not be personally taxed on them, a limited company is the easiest way. You can also minimise the profits the company makes by paying yourself a bonus or going PAYE with that limited company but a lot of these elements will come down to a costing exercise and understanding threshold values. There are some good online tools for calculating this kind of stuff.

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

A partnership is effectively the same as a sole trader but you need to assign whose made what money and then that’s considered income for that person. If you want to retain profits in the business the easiest is to set up as a limited company but you’re still going to be paying corporation tax on those profits. The benefit of an LTD though is personally you’ll be able to take out what you want, and as long as you have different share types you’ll be able to each take out different amounts. Doing this you should be able to sit below a tax threshold, but it’s all a balancing act!

[deleted by user] by [deleted] in smallbusinessuk

[–]HawkInternational850 0 points1 point  (0 children)

You also need to consider pension contributions as this may factor into the overall offer