Best way to buy garage bordering my property?
First planning-wise/legally, how easy is it to take a concrete garage wall with a window facing into my garden, and convert it into a door so I have immediate access? I don't live in a conservation area. Any ideas about price - the window is there, but it would be knocked out of course; the whole it would leave cut out of the concrete is about 3 feet by 2 and would need to be extended to 6 feet by 3. The final question is more intricate. The owner of the garage has told me he's going to ask his accountant about the garage: its price and the best method of selling it namely. So far, I'm the only person who has lodged an interest (as I contacted him directly). I really don't want it to go to public bidding, as there's a reasonable chance that a Mr Megabucks from across town will fancy it for his yacht. How do I go about securing it? As his accountant is involved, is it unlikely that I can offer him £20k in a briefcase for it?! Also, once I know the market price, what should I offer?
Renting & Real Estate - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Steve, right now there are not too many homeowners doing improvements on the home due to the high rate market we are in. So keep that in mind when getting quotes. Contractors are generally Self Employed and do NOT make money unless they have jobs. With the economy and cost of living at its current state, I am sure as long as you shop, you can get a great quote. Just make sure they know you are getting quotes...dont forget to check licensing via www.boa.gov
Answer 2 :
Firstly you need to get a surveyor to check it out and make sure it is worth spending your hard earned dosh on! Then you need to have a solicitor draft a letter of interest in the property. That way you have your foot in the door. Then, you need to go to the council planning offices and enquire about planning permission for this property, has someone ever put plans in in the past to do what you are wanting to do? You will also need to retain the services of an architect to draw up plans for you to submit to the council. It's a bit daunting I know, but there are lots of websites that will help you, and your local library is a goldmine of information!
Answer 3 :
Steve, I'll take your questions in reverse order. 1. Heaven knows why he thinks his accountant will know how much he should ask for his garage. He would do better to ask an estate agent/valuer who knows how much a garage is worth in your neck of the woods (a fortune if you are in SW1 or some other crowded urban/suburban area where parking is at a premium, but otherwise not much more than the value of the land it stands on, if it's just a sectional concrete building). You would do well to take such advice yourself, so you don't offer too much. Sit tight and see what happens - he wants to be sure that he doesn't sell too cheaply, and you will just have to wait until he has reassured himself. If next door is his "only or main residence" and he hasn't got a huge garden, he won't have any tax problems - the only applicable tax is Capital Gains Tax, and that doesn't apply to a person's only or main residence or bits of its grounds/outbuildings, unless the grounds are more than an acre or so. So, no point in the suitcase full of cash. Don't worry about yachts, either - a boat would have to be wheeled in on a trailer, and most garages, even if long enough, don't have the internal or doorway height which a boat on a trailer needs. Your only competition will be from other nearby residents who need somewhere to park a car, so it will be a level playing field. 2. If the garage is detached, it will count as a garden buiding and will probably be exempt from local council control. Check with the Building Inspector by all means, but he will probably tell you that putting a courtesy door to open on your garden doesn't involve building control. As to practicalities, it's easy with a sectional garage - I have done the same myself. Bash out the concrete panel(s) between two of the uprights, and fit an external door. It's a handyman job, rather than one for a builder. The hardest bit - and it isn't very hard - is attaching a doorframe to carry the hinges on one side and the lockplate on the other. Good luck.
Read more other entries :
Monday, January 7, 2013
Tuesday, January 1, 2013
What does a career in accountancy involve?
What does a career in accountancy involve?
Im considering studying accountancy at university, i dont mind doing maths but i hate business studies. I was wondering what does a career as an accountant entail I am not sure what accountants really do and so i am not sure if i would like the course or the career. what things would i need to enjoy studying for example? help will be greatly appreciated thanks
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You make lots of money. You join the Freemasons. Everyone finds you boring. Your wife shags her personal trainer.
Answer 2 :
im gonna be started yr3 AAT in sept, and it does involve some business studies work. Accounting is not just all about figures as a lot of people on my course found out. For this year (equivalent of 1st year uni) u need to do a business project of a least 4000 words. There is also alot of analysis involved
Answer 3 :
Accountant is a general term that people can use for many types of financial jobs. The usual career for accountants is to go to university and do an accounting degree. Then after university, start working full-time and continue studying part time for a professional qualification (CPA, ACA, CIMA, ACCA). So about 3 years full-time then 3-years part time. There is a very wide range of accountant jobs and all pay well and are interesting. Accounting is a job that is very transferrable if you wanted to work in other countries.
Read more other entries :
Im considering studying accountancy at university, i dont mind doing maths but i hate business studies. I was wondering what does a career as an accountant entail I am not sure what accountants really do and so i am not sure if i would like the course or the career. what things would i need to enjoy studying for example? help will be greatly appreciated thanks
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You make lots of money. You join the Freemasons. Everyone finds you boring. Your wife shags her personal trainer.
Answer 2 :
im gonna be started yr3 AAT in sept, and it does involve some business studies work. Accounting is not just all about figures as a lot of people on my course found out. For this year (equivalent of 1st year uni) u need to do a business project of a least 4000 words. There is also alot of analysis involved
Answer 3 :
Accountant is a general term that people can use for many types of financial jobs. The usual career for accountants is to go to university and do an accounting degree. Then after university, start working full-time and continue studying part time for a professional qualification (CPA, ACA, CIMA, ACCA). So about 3 years full-time then 3-years part time. There is a very wide range of accountant jobs and all pay well and are interesting. Accounting is a job that is very transferrable if you wanted to work in other countries.
Read more other entries :
Friday, December 28, 2012
Small business. Anyone had a failure, stopped trading, no money to pay accountant to do year end? What now?
Small business. Anyone had a failure, stopped trading, no money to pay accountant to do year end? What now?
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sit down and think about what caused the failure. If you are in debt go bankrupt and the nobody gets paid.
Answer 2 :
I am a bookkeeper/accountant, you should have had someone to guide you through the year, please give me a call on 07984-235701, and lets see if we can sort this out for you. There will be lots of thing to consider, including bankruptcy, and continuing trading - also preserving your assets, for the future.
Answer 3 :
Why do you need to pay the accountant to do year end if your business has failed? Unfortunately, the majority of small businesses do fail because of undercapitalization. Do what you can to salvage enough to enjoy the holidays and plan to kick off the new year with a new venture. It not personal. It's business.
Answer 4 :
I worry when people leave phone numbers on websites I really do......... If you really do have no money to pay for accounts/bookkeeping or year end then can I suggest you contact your local citizens advice bureau........They are free and could direct you to someone local who may be willing to help. Good luck.
Answer 5 :
Since it is a business and not a company, you don't acctually need an accountant to do ANYTHING for your business. I have been in Business for myself for years, and have never used an accountant. I have also had some of my businesses not work out, but still not needed an accountant. If you are unsure no how to do it, Go to a bookshop, a big one like Waterstones and browse through the business section for books on simple accountancy. I like the "Teach Yourself" books. This should help you. Failing that, e-mail me for any help you may need, and I can give you pointers.
Read more other entries :
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sit down and think about what caused the failure. If you are in debt go bankrupt and the nobody gets paid.
Answer 2 :
I am a bookkeeper/accountant, you should have had someone to guide you through the year, please give me a call on 07984-235701, and lets see if we can sort this out for you. There will be lots of thing to consider, including bankruptcy, and continuing trading - also preserving your assets, for the future.
Answer 3 :
Why do you need to pay the accountant to do year end if your business has failed? Unfortunately, the majority of small businesses do fail because of undercapitalization. Do what you can to salvage enough to enjoy the holidays and plan to kick off the new year with a new venture. It not personal. It's business.
Answer 4 :
I worry when people leave phone numbers on websites I really do......... If you really do have no money to pay for accounts/bookkeeping or year end then can I suggest you contact your local citizens advice bureau........They are free and could direct you to someone local who may be willing to help. Good luck.
Answer 5 :
Since it is a business and not a company, you don't acctually need an accountant to do ANYTHING for your business. I have been in Business for myself for years, and have never used an accountant. I have also had some of my businesses not work out, but still not needed an accountant. If you are unsure no how to do it, Go to a bookshop, a big one like Waterstones and browse through the business section for books on simple accountancy. I like the "Teach Yourself" books. This should help you. Failing that, e-mail me for any help you may need, and I can give you pointers.
Read more other entries :
Friday, December 14, 2012
Is an Accountant a good job???
Is an Accountant a good job???
i am going on to a course to train to be an accountant and want to know if its a good job?? :) Thanks skibz26. i would start off as a trainee accountant and work up!!! how do i rate the best question??
Other - Careers & Employment - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It makes you a healthy living, that's for sure. And if it interests you, you're good at math, you have the degree, and you think you can do it for the rest of your life, go for it.
Answer 2 :
Yes it is a good job but I might add I have a friend who trained and got her degree and couldnt get work as one so had to retrain as a Teacher.
Answer 3 :
yes but it gets reaallly stressful during tax season. my dad owns his own business and works from 7am til 11pm at night 7 days a week during tax season. so yea...it can be stressful.
Answer 4 :
yes..it is a very nice job
Answer 5 :
I have a mate that is a senior accountant will a large accounting firm. He loves working with clients and gets paid very well for his work. He dosent always stay in his office 5 days a week, he often has to go to clients offices and occassionally interstate as well. So If you do well, accounting can be a rewarding career.
Read more other entries :
i am going on to a course to train to be an accountant and want to know if its a good job?? :) Thanks skibz26. i would start off as a trainee accountant and work up!!! how do i rate the best question??
Other - Careers & Employment - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It makes you a healthy living, that's for sure. And if it interests you, you're good at math, you have the degree, and you think you can do it for the rest of your life, go for it.
Answer 2 :
Yes it is a good job but I might add I have a friend who trained and got her degree and couldnt get work as one so had to retrain as a Teacher.
Answer 3 :
yes but it gets reaallly stressful during tax season. my dad owns his own business and works from 7am til 11pm at night 7 days a week during tax season. so yea...it can be stressful.
Answer 4 :
yes..it is a very nice job
Answer 5 :
I have a mate that is a senior accountant will a large accounting firm. He loves working with clients and gets paid very well for his work. He dosent always stay in his office 5 days a week, he often has to go to clients offices and occassionally interstate as well. So If you do well, accounting can be a rewarding career.
Read more other entries :
Friday, December 7, 2012
How do you value a business?
How do you value a business?
Hello. I am writing on behalf of my mother in law. She started a cafe up with a friend, but the partnership has failed and my mother in law has left the business. Her business partner says that the business needs to be valued by an accountant, is this correct? And can my mother in law hire her own accountant at this point, to aquire her own independant valuation (if this is neccessary?). Thanks for any information you can give me.
Small Business - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I dont think so... she can leave if she wants to but if she pau her share that is it, done. but if this is about her selling her half than she should to get teh best price. answer mine http://answers.yahoo.com/question/index;_ylt=AvqOhKwjMyiye6bRszIZBe_sy6IX;_ylv=3?qid=20100824214340AAI0sxC
Answer 2 :
The value of anything is the present value of all future cash flows. You need to find a finance expert to evaluate this. An accountant might be able to do this, but it will be a subjective number based on whether you believe the business will grow or contract. At the very least an accountant should be able to point you to the right direction. Hope that helps
Answer 3 :
An independent valuation by a specialist accountant or valuer that has knowledge of this type of business would be the route to take. The accountant should be decided upon by both partners so that he will be "Independent". Based on his valuation the remaining partner must then pay up the 50% of the total to the departing partner. Failing this or failing an agreement, then the business should be sold and the profit split 50-50. All this will be less the accountants fee. Important that you have this specialist accountant or valuer and not just any old accountant.
Read more other entries :
Hello. I am writing on behalf of my mother in law. She started a cafe up with a friend, but the partnership has failed and my mother in law has left the business. Her business partner says that the business needs to be valued by an accountant, is this correct? And can my mother in law hire her own accountant at this point, to aquire her own independant valuation (if this is neccessary?). Thanks for any information you can give me.
Small Business - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I dont think so... she can leave if she wants to but if she pau her share that is it, done. but if this is about her selling her half than she should to get teh best price. answer mine http://answers.yahoo.com/question/index;_ylt=AvqOhKwjMyiye6bRszIZBe_sy6IX;_ylv=3?qid=20100824214340AAI0sxC
Answer 2 :
The value of anything is the present value of all future cash flows. You need to find a finance expert to evaluate this. An accountant might be able to do this, but it will be a subjective number based on whether you believe the business will grow or contract. At the very least an accountant should be able to point you to the right direction. Hope that helps
Answer 3 :
An independent valuation by a specialist accountant or valuer that has knowledge of this type of business would be the route to take. The accountant should be decided upon by both partners so that he will be "Independent". Based on his valuation the remaining partner must then pay up the 50% of the total to the departing partner. Failing this or failing an agreement, then the business should be sold and the profit split 50-50. All this will be less the accountants fee. Important that you have this specialist accountant or valuer and not just any old accountant.
Read more other entries :
Saturday, December 1, 2012
I have just applied to university to study business accounting and finance, how much do accountants earn?
I have just applied to university to study business accounting and finance, how much do accountants earn?
I think i would like to move to London when i qualify and work for a big company.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ask placement people at your Uni ... they likely have statistics from last year's graduates.
Answer 2 :
Do a jobsearch on a accountancy agencies website, I'm sure Hays usually post a salary survey on their website which splits it by specialism and demographic and should give you a pretty good idea. It will depend on whether you go practice/industry, management/finance, private/public sector etc.
Read more other entries :
I think i would like to move to London when i qualify and work for a big company.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ask placement people at your Uni ... they likely have statistics from last year's graduates.
Answer 2 :
Do a jobsearch on a accountancy agencies website, I'm sure Hays usually post a salary survey on their website which splits it by specialism and demographic and should give you a pretty good idea. It will depend on whether you go practice/industry, management/finance, private/public sector etc.
Read more other entries :
Wednesday, November 28, 2012
How bent is YOUR accountant?
How bent is YOUR accountant?
Polls & Surveys - 11 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
he can kiss his arse
Answer 2 :
That would depend on the position I was in... EDIT Sorry I meant predicament
Answer 3 :
straight.
Answer 4 :
Not bent but very very good. Not paid tax in 4 years, and I also get some form of benifit I did'nt know i was entiteled to!
Answer 5 :
We have a "financial guy" and he is excellent. We have a tax person and she is a riot. No one is bent.
Answer 6 :
They are not. At $350.00 per hour, they cannot afford to risk their reputation at such crookedness. It just isn't worth it!
Answer 7 :
He walks around looking like the letter 'r'.
Answer 8 :
i don't have one
Answer 9 :
He's a bit short and curly.
Answer 10 :
By my reckoning, he is more than capable of double entry, but I have heard that he moonlights as a chef and cooks the books !! haha
Answer 11 :
as a 2 bob bit
Read more other entries :
Polls & Surveys - 11 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
he can kiss his arse
Answer 2 :
That would depend on the position I was in... EDIT Sorry I meant predicament
Answer 3 :
straight.
Answer 4 :
Not bent but very very good. Not paid tax in 4 years, and I also get some form of benifit I did'nt know i was entiteled to!
Answer 5 :
We have a "financial guy" and he is excellent. We have a tax person and she is a riot. No one is bent.
Answer 6 :
They are not. At $350.00 per hour, they cannot afford to risk their reputation at such crookedness. It just isn't worth it!
Answer 7 :
He walks around looking like the letter 'r'.
Answer 8 :
i don't have one
Answer 9 :
He's a bit short and curly.
Answer 10 :
By my reckoning, he is more than capable of double entry, but I have heard that he moonlights as a chef and cooks the books !! haha
Answer 11 :
as a 2 bob bit
Read more other entries :
Subscribe to:
Posts (Atom)