Can 2 businesses come from one property

[lexi :)]

Hi
I'm really needing a little advise. If I decided to go mobile. 1. Is it better to go sole trader or limited? 2. What the best way any of u ladies have found recording everything for taxes? 3. What system do u use for recording and storing client info/records? And lastly can 2 separate businesses run from the same address? For example my partner has a construction business and I want to do mobile. I'd appreciate any feedback. Thanks

 

[CFBS]

Yes, you can have 2 businesses running from one address. Subject to planning permission of course.
I have a home based salon and my husband does private tutoring. No problem. Ample parking

 

[lexi :)]

Thank u I thought so. My partner has had a business here for a while so it shouldn't be a problem thanks again for the info xxx

 

[salonfrog]

1. Is it better to go sole trader or limited?

I would start as sole trader. It’s a bit of a leap to go straight to Ltd and I wouldn’t advise you do that without an accountant anyway.

Good luck!