Building website for profit
Discussion
I'd like to build a website to sell an idea I have.
How much will it cost to get a website up and running from scratch? I intend to make the site myself as it only needs to be fairly simple.
What do I need? Domain, somewhere to host it, etc?
As I intend to make money out of it, do I need to register it as a small business? What legal issues do I need to be aware of? What about tax?
Sorry if some of these seem like stupid questions but I don't have a clue!
How much will it cost to get a website up and running from scratch? I intend to make the site myself as it only needs to be fairly simple.
What do I need? Domain, somewhere to host it, etc?
As I intend to make money out of it, do I need to register it as a small business? What legal issues do I need to be aware of? What about tax?
Sorry if some of these seem like stupid questions but I don't have a clue!
Hmmm. If you have no clue whatsoever you're going to find the learning curve pretty steep.
If you're selling something then you'll want a fairly professional-looking site and, with the greatest of respect, a "my first web site" type site just won't cut the mustard.
You will also need a domain name and hosting.
You may need to investigate trademark / copyright / patent issues if it is a particularly good idea.
Can't really advise on business structure. You'd need to talk to an accountant or a business advisor.
>> Edited by JonRB on Friday 17th June 14:50
If you're selling something then you'll want a fairly professional-looking site and, with the greatest of respect, a "my first web site" type site just won't cut the mustard.
You will also need a domain name and hosting.
You may need to investigate trademark / copyright / patent issues if it is a particularly good idea.
Can't really advise on business structure. You'd need to talk to an accountant or a business advisor.
>> Edited by JonRB on Friday 17th June 14:50
JonRB said:
Hmmm. If you have no clue whatsoever you're going to find the learning curve pretty steep.
If you're selling something then you'll want a fairly professional-looking site and, with the greatest of respect, a "my first web site" type site just won't cut the mustard.
You will also need a domain name and hosting.
You may need to investigate trademark / copyright / patent issues if it is a particularly good idea.
Can't really advise on business structure. You'd need to talk to an accountant or a business advisor.
>> Edited by JonRB on Friday 17th June 14:50
Thanks,
Looks like it may be a slightly larger undertaknig than I was first thinking!
Maybe I should just set up an ebay account.
8 said:If that suits your business model / idea, then go for it. A good way to dip your toe in the water.
Maybe I should just set up an ebay account.
If you are planning to be all legal and above board with regards to tax then you will need to register as a Sole Trader with the tax man and complete a Self Assessment tax return at the end of the year.
Hopefully Eric MC will be a long shortly - he'll be able to advise on tax matters far better than I.
JohnRB flagged this thread for me as I hardly ever look at "Computers and Stuff".
Running a business can be quite complicated and you generally do need the assistance of an accountant to avoid the pitfalls of tax, National Insurance, VAT, PAYE etc.
Why don't you e-mail me if you want a chat about what things you need to be looking out for if you intend to set up your own business.
Maybe a "sister" posting on the "Business" forum might be worthwhile as well.
Running a business can be quite complicated and you generally do need the assistance of an accountant to avoid the pitfalls of tax, National Insurance, VAT, PAYE etc.
Why don't you e-mail me if you want a chat about what things you need to be looking out for if you intend to set up your own business.
Maybe a "sister" posting on the "Business" forum might be worthwhile as well.
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