mountianrider Posted March 7, 2016 Share Posted March 7, 2016 Are there many / any sole traders in the industry or is everyone LTD? Can a one man band get SSAIB? Quote Link to comment Share on other sites More sharing options...
PSE Posted March 7, 2016 Share Posted March 7, 2016 Yes you can, but you would need to buddy up with another provider to cover call outs etc Quote Link to comment Share on other sites More sharing options...
datadiffusion Posted March 7, 2016 Share Posted March 7, 2016 Just to be clear to the OP it's the same if you're Ltd but with only one person Quote So, I've decided to take my work back underground.... to stop it falling into the wrong hands Link to comment Share on other sites More sharing options...
PeterJames Posted March 8, 2016 Share Posted March 8, 2016 Ltd here, it is a safer way to trade it stops anyone coming after your house should it all go toots up. I know you think it will never happen to you, but I have had electrical contractors go bust on me owing up-to £6k at a time before now. I would not have survived if that had happened in the first two or three years, there were months when I wasnt paid just so I could pay wages and suppliers, if I lost even £2k I would have been in trouble, at that time, not even my cc would have covered it. Quote Link to comment Share on other sites More sharing options...
mountianrider Posted March 15, 2016 Author Share Posted March 15, 2016 Is there many people that go sole trader? I am not SSAIB and have a cash account at my suppliers, can't see any way of getting in trouble? Quote Link to comment Share on other sites More sharing options...
al-yeti Posted March 15, 2016 Share Posted March 15, 2016 Beginning sole trader many do Quote Link to comment Share on other sites More sharing options...
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