What Comes First

Any business advisor will tell you the answer, but what's happening in the real world? Here are a few examples: VAT When Jeanne started her exercise class business, she decided after taking advice that she wouldn't register for VAT. It makes sense. If you want to compete with everyone else then you can't charge 20% higher prices to include VAT. But now she's stuck. She can't grow the business beyond the VAT threshold because she would have to increase her prices or take a significant reduction in margin. Now she's contemplating setting up separate businesses to boost her earnings. It's quickly going to get complicated - she can do without all the distraction of doubling the admin work. Five years in to running his hair salon, Scott takes a day off a week and shuts early some days just to limit his takings to keep them below the VAT threshold. But he's living hand-to-mouth. allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet allbet