RichardJohn
29-11-2006, 01:29 PM
Hello again everyone,
thanks for all the advice in the last post.
I decided I'm going to start my business part time with the time I can find, then if it takes off to then quit college.
I have a few questions though.
It's basically going to be two different operations... one my web development business and the other an idea I've had. Some of the profit from the web development will be going to fund the other idea.
I'm going to form a limited company, so can I just form one parent company under a name, then have the two companies operating under the same company, or should I incorporate them both seperately?
I'm thinking it;d be easier to do it the first way for accounting etc., but is this allowed? I'm assuming I'd have to declare the 2 trading names or something?
thanks for all the advice in the last post.
I decided I'm going to start my business part time with the time I can find, then if it takes off to then quit college.
I have a few questions though.
It's basically going to be two different operations... one my web development business and the other an idea I've had. Some of the profit from the web development will be going to fund the other idea.
I'm going to form a limited company, so can I just form one parent company under a name, then have the two companies operating under the same company, or should I incorporate them both seperately?
I'm thinking it;d be easier to do it the first way for accounting etc., but is this allowed? I'm assuming I'd have to declare the 2 trading names or something?