Resolved Question

Is this a good business money venture idea ?

idea: Boxing promoter/talent spotter

aim: to go to the war torn parts of the world, and find promising young boys who I can groom into young powerful disciplined future boxing champions.

long term goal: to build a fearful impressionable boxing dynasty family that dominates the USA and Europe.

requirements: young impressionable lads from troubled regions of the middle east and other developing nations with poverty ridden cities.(Palestine, Iraq, Kurdistan, Afghanistan, Pakistan, India, Nepal, Cambodia...) aged 11-15

basicaly I intend to help channel their anger, pain, hurt, and youth into something formidable and quite simply, un <beep< stoppable.

i intend to create a boxing dynasty that will rival the mexican boxing scene and also the philipines and US boxing scene.

Europe ...bows down nicely for me and my boxing family/dynasty. It just has to be that way.

I will wear a nice white hat, and suit and walk into the arena on a red carpet with a cuban cigar in my mouth clutching a diamond studded ivory cane (ivory obtained from an elephant who died naturaly. we are not barbaric sickos).

I intend to help these boys fulfi ltheir dreams and likewise, my long term goals of becoming the greatest boxing promoter/talent spotter ever.

I intend to monopolise the boxing scene. Its all mine. and it hurts you all so much , but what can we do ? i have found the next gen fighting machines !

so, i help young these young lads become millionaires by training them by the best nutrionalists, sports management teams and ultimately create a conveyer built of future dominant champions.

that area of the world , is an untapped region of blossoming talented young men who I'm convinced can excel in sport - especialy boxing, and I intend to groom them to become fearless supremely confident fighting machines.

they will be my little babies, my special apples.

and I shall bare the fruit of their success when they knock out americans and european men with imense ease and elegance in the ring !

it doesnt get sweeter than that does it ?

* puffs cigar *

is this a good business money venture idea ?

Additional Details

first i start with the middle east and work my way into the indo sub continent.

africas poorest nations and most troubled ones are on the agenda to find talent.

no latinos - sorry.

I want to single handedly , finish mexico/puerto rican/cuban...all central and sout hamerican boxing hopes.

I want to be remembered as the man who single handedly 'destroyed' south american boxing !

that, and I want to embarrass home grown American boxers at the MGM grand, las vegas nevada...with MY young impressionable fighting machines.

then I want to go on camera and smile at millions of viewers !

22 hours ago

Best Answer - Chosen by Asker

keep taking he tablets, they're bound to work some day ;)

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Other Answers (2)

• Genius. Road to victory. Lets hit up africa first, then the latino countries for our featherweights
• What a wonderful, neighbourly idea!

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Sharpshooter semi-automatic rifle- delivery date to UK for 440 weapons please?

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Data protection.
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Look under employee hand book search or look at you stated employment commission got help.

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Won't happen. Big companies like that don't want direct e-mail. You have to go through their web forms.

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Refund policy on Amazon.?

Hi. I bought a product of a user on Amazon and I would like to send it back. Before I bought, the user said they'd give refunds if the customer isn't happy with the product, which I'm really not. I went on Amazon and clicked on the user and it said they have not specified their refunds policy. What I want to know is do I send the package back and they then give me a refund, or they give me a refund and THEN I send the package. Or is that up to the user? Thanks.

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Hi,
I don't know much about it but i am sure that the below link will definitely help you.

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• You can file a complaint but unless the user wants it back, there is nothing they can do, you can however sell it..

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• What is a profit? It is a dollar amount that goes to an individual ultimately. The question is do the profits get spent in America.

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LTD director of company question URGENT?

Hi

I am getting really stressed out and need some advice. I am director of a limited company and i own 50% shares. I want to leave the company for personal reasons but Just need some advice. My business partner has the wrong attitude and i just know that when he has bought me out he will run the company into the ground. He is wanting to take out a large loan and expand the company too quickly. All i wan to know is if he does this when i have left the company and sold all my shares will his bad debt effect me in any way. If the business ends up going bust will this effect my credit rating even though i am no longer part of it. Any help on this would be great.

Best Answer - Chosen by Asker

Only when he has bought you out and decides to run the company into the ground, it becomes 'his' problem, prior to that, any liabilities the company has is 'both' your responsibilities.

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Other Answers (3)

• I would make sure that you have a purchase and sale agreement that you both sign stating the price, date and conditions of the purchase by your partner. One of the things you should have in it is a provision stating he assumes all liability for debts occurring after date of purchase. Also make sure that your name is off all accounts where you personally have liability as of the date of purchase. If there are any loans outstanding, you will need to work with the lender to get your name off the loan.
  
  It might be best to talk to an attorney.
  Good Luck
• It is nothing to do with you, if you're out and your name was taken off as a company director and sold your your shares, what your partner does to the company is his own business nothing to do with you, if he run the company to the ground like you said so be it, there is no responsibility what so over on you as long you're gone.
• Make sure all documentation - Companies House/VAT/HMRC etc shows you no longer have an interest in the company - each website will show you how. Ensure you are removed from any Company Bank accounts. If remaining Director then scuppers the company you have no liability, lot of new but good trading companies make the same mistake, once set up a company needs at least 3 years to settle before even thinking about expansion. Good luck

Resolved Question

Help with directors leaving a company?

Hi

I just want to know what a director has to do to inform companies house that they are leaving a company. Is there a certain form they have to fill in? Also if a director leaves a company and sells all their shares are they then totally free of that company, for instance if the company was to go bust or get into serious debt would it go bad against the previous directors credit rating? I imagine that once all shares are sold and the director is no longer part of the company all his or her responsibilities are then void. I just want to know if I am right in thinking this.

Thanks

Best Answer - Chosen by Asker

I've just answered a similar question to this - Companies House have all the documentation you need, make sure all others are informed if your name appears - VAT/HMRC/Bank accounts. Don't leave your name with any suppliers you may use (credit terms), make a formal letter stating when all the loose ends were tied up and when you ceased to be a Director. Good Luck

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Resolved Question

Help on closing a limited company?

Hi

I am looking for a bit of help with regards to what I need to do about shutting down my limited company. I will explain my situation below:

I am a director of a construction company that I started with my business partner in July 2009. We were both directors of the company but when we hit a bad patch he lost his nerve and sold his share of the company to me for £1. I became the sole director of the company but things didn't get any better. To cut a long story short I am now left with a company that is in debt, has no real assets and no money at all in the company account. I owe just short of £5000 to suppliers that are on account and I have red letters arriving everyday so I cannot order any stock, I am tied down to a 5 year contract with my landlord with a 3 year breaker for the company office and this contract had a surety clause, but worse of all we were paid £7500 in advance for a contract that there is now no way we will be able to start yet alone complete as we have had to use the money for other debts. My staffs have just been paid but I have had no other option but to lay them all off as I just wont be able to pay them at the end of the month. As stated my bank balance is completely empty and I must stress that the banks have helped me in now way whatsoever so I have no overdraft or credit facilities. My personal credit rating in rubbish and I own no personal assets. I have had to use every penny I could get my hands on to pay wages and I cant even afford to pay the national insurance contributions I took from the staffs wages. We have no jobs booked in and no contracts waiting to start other than the one we cant afford to start.

I would just like to know what I need to do to close down the limited company and what is going to happen to me personally. Would it be advisable for me to declare myself bankrupt or is that going too far? I would appreciate honest advice ONLY please. Oh and one last thing, I already know that it serves me right for buying the company share for £1 and I don't need anyone telling me that!!

Thanks in advance…

Additional Details

Sorry UK answers only please and I don't need to know how I can make millions through fake websites either thanks.

2 days ago

Best Answer - Chosen by Asker

You must be careful here. It is a criminal offense to continue to run a ltd company if you are aware that it is insolvent, which I think you are. You can apply to Companies House to wind the company up.
Instead of declaring yourself as a bankrupt, you can go for an IVA using an approved accountancy company - less trouble for you. Good luck.

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Other Answers (1)

• Hi
  Declare yourself bankrupt.
  Not an easy solution granted but whats more important , your health or wealth ?
  start again and have a break !! take some time out for family and get a part time job!!

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Where do I stand with work? On Maternity leave, but company been taken over!!?

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My main concern is that they will not fulfill my Maternity leave and what I will then be entitled to - as I am currently a single parent and money is very hard as it is.

All answers/advice welcome!!x

Best Answer - Chosen by Asker

As Steve says, you should be covered by TUPE. Speak to your local CAB who are very good on this sort of thing. They'll help you ask the right questions to find out what your position is.

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• I believe all Council contracts are covered by TUPE .. if so, the new company must honor your Maternity Leave (however they CAN make you Redundant when your leave ends)
  
  Talk to your Union Rep. (if you are not in a Union, and are considering going back to work, perhaps you should join one).

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• Is it? It feels more like 45.

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Sending an item back for refund on Amazon?

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I bought a product off of a user on Amazon. Having just received the item, I am unhappy and wish to return the item. The seller said before and after I received the item that they will issue me with a full refund once I've sent it back. Even though the seller has good feedback, including a positive comment about a full refund for one of his other customers, I'm still a bit cautious. Do Amazon have a compensatory policy for this? Should I send it back? Thanks.

Best Answer - Chosen by Asker

Hi, I would send it back recorded delivery. I have had a look on the help page at Amazon and it appears to give you all the information you need there
http://www.amazon.co.uk/gp/help/customer…

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• Once they recieve the item they will credit your account. Send it certified mail if you want to be sure. Ive only returned to Amazon not to individual sellers but I believe it works the same. Contact amazon for more info, maybe you are insured if something happens.
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Best Answer - Chosen by Asker

Entitlement is a moot point. Whilst you think you may be entitled, they may think differently. You could write a letter asking for your phone call costs to be reimbursed and add a figure for the unnecessary aggravation you suffered. I imagine they will either ignore your letter or decline to oblige. You may then advise them that you will take the matter to the Small Claims Court if they do not cough within, say, 14 days. Then, if no joy, you will have to start the threatened action.
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• If that doesn't cut any ice then you should pass the story to your local newspaper, local radio (they usually have a consumer help show) and then on to a programme like The One Show with Dom Littlewood.
  
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Go to the investor relations page on their websites. You'll find more data than you know what to do with.

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• Google ryanair stastistics, they pubish their own sets of stats

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What type of bonds are you talking about? There are many types and therefore different methods of calculation. In general, you need to take into account the coupon frequency, calculation method, rate (if not floating) and sometimes even a different period at maturity. In banks, these things are calculated by fairly complex computer programs and it can be quite time consuming to work it out on a calculator. I am not sure about the 1-1 that you refer to. I have not come across this in any bond formula that I have seen.

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Best Answer - Chosen by Voters

Rep's lie .. all the time .. they will say anything to get you to 'sign up' to their company == Rep's get COMMISSION .. their wages depend on signing up lots of new customers ...

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Barclays Bank only has an offshore branch in Labuan, Malaysia.

http://www.lofsa.gov.my/lofsalisting/off…

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You go to the Amazon web site and read the pages that relate to selling, of course :-)

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Yes, of course :-)

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I have a big problem, i need to pay for stuff of ebay.co.uk using paypal. but nothing happens when i go on it?

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Additional Details

i defo havent clicked on a false ebay scam site. i just click pay now and then continue on the checkout but nothing happen after that

1 week ago

also i have just now bought something of amazon.co.uk so it has to be ebay or paypal. i'm not sure how to do postal orders aswell if anyone can help me with that i would be very grateful. btw i'm only 15 so am not really good at this kind of stuff lol

1 week ago

Best Answer - Chosen by Voters

Sounds to me as if you have clicked on to a false ebay scam site. I have bought things over the last 2 weeks without any problems.
Contact the seller and tell him you are having problems so they know you are not a waste of time!

Go back into eBay and start from basics without using any stored link etc (in case you are being scammed) by typing just ebay.co.uk and take it from there.

Best of lock

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Other Answers (2)

• I had a couple of things that I sold on Ebay over Xmas and the buyers had problems paying because PayPal didnt seem to be working.
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• Hopefully you've NOT clicked on a link from an email that told you to pay for the items you've won, as this could be a link to a false website created to harvest paypal/ebay account details!
  
  Contact paypal but try logging into paypal directly.

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Best Answer - Chosen by Voters

Just like Swoopo - a no win situation. Just check out these threads:
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• Just about any tv commericial is a marketting ploy to make you poorer and them richer.
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  Most stores always match an online price.
  /

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