renting a shop

[prendi]

hi,my daughter is thinking of renting a hairdressing salon on her own.She is then thinking of renting a chair out to another girl.If she employs anyone,say a junior,how does she go about paying her and learning the paye system?Is it difficult ,as she is a bit scared of the big step she is taking.thanks

[Hawkwalk]

tell her to have a good read of this website
http://www.businessli....uk/bdotg/action/home

[prendi]

thanks hawk we'll have a look!

[tamborine]

A:has she got a clientele who can generate enuf income to pay salon costs?
B:Is the rent/council tax/outgoings feasible
c: is there someone ready for the RAC, to help with costs and do they have their own clients to bring in.
d:Forget employing juniors till you have to (IR will send you info); have a reliable part-timer for now.
e: you do her books & accounts.

If she ticks the above, she's on her way and I wish her lots of luck.