Robbell Posted January 25, 2015 Report Share Posted January 25, 2015 Hi Folks for my 100th post id like to announce that RH & CL Bell are making a few changes As from the first of March we will be trading as Rob Bell Fencing LTD. Rob Link to comment Share on other sites More sharing options...
Frontrowfencing Posted January 25, 2015 Report Share Posted January 25, 2015 Well done rob. We became limited a few years ago now. certainly limited in our ability anyway. It shouldn't affect you like that though. Exciting times ahead, you looking to expand or just decided to change for whatever reasons you may have. Link to comment Share on other sites More sharing options...
D A MacDougall Fencing Posted January 25, 2015 Report Share Posted January 25, 2015 What are the benefits off going ltd . Our does it jst work off your turnover ? Link to comment Share on other sites More sharing options...
tepapa Posted January 25, 2015 Report Share Posted January 25, 2015 Would be interested to hear your reasons for changing and any pro`s and con`s to ltd company. Link to comment Share on other sites More sharing options...
Robbell Posted January 25, 2015 Author Report Share Posted January 25, 2015 The main reasons are My house and yard are nearly paid for and thought its time to remove it from the risk of the business the second and main reason is iv 2 daughters with no interest in fencing, by going ltd i can let my staff have some shares and then they can buy me out at a later date in the hope that the business is worth a little more than just a sale of assets Link to comment Share on other sites More sharing options...
D A MacDougall Fencing Posted January 25, 2015 Report Share Posted January 25, 2015 It will be a thew more years before I need to consider going ltd then thanks for the insight.at the moment my girls love coming out with me but that will lightly change. Link to comment Share on other sites More sharing options...
Charliehub Posted January 26, 2015 Report Share Posted January 26, 2015 We changed to Ltd 7 years ago the biggest reason for us was the fact that the fencing business was part of the family farming business and as the fencing was getting bigger the risks were as well and even through we have all the correct insurances and paperwork it only takes one big problem causing you to be liable and you could lose everything..! So like rob it's a bit of protection of assets. Down falls are more paperwork and everything has to be more accountable. Link to comment Share on other sites More sharing options...
Guest Nick Posted January 27, 2015 Report Share Posted January 27, 2015 Thank you very much Rob for your continued contribution and congratulations on your 100th post Link to comment Share on other sites More sharing options...
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