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Coronavirus implications

Discussion in 'General Forum' started by JamesUK, Mar 17, 2020.

  1. JamesUK

    JamesUK New Member

    I'm sure this is going to impact all of us hard.

    My question right now: would it be worth registering as a company? Freelance writer. Currently sole trader. Do you think there will be more government support for companies, as opposed to sole traders, when it comes to loans, grants, and other incentives?
  2. Lupita

    Lupita Member

  3. Jasonsdfdfsss

    Jasonsdfdfsss New Member

    The situation is quite a risk at the moment...I would take extra care
  4. likeshigh

    likeshigh Member

    Marketing everywhere has been affected by the Corona virus. Investment has decreased and unemployment is large.
  5. Raj120p1

    Raj120p1 New Member

    I would take extra care
  6. TerryStevens

    TerryStevens New Member

    agreed with you.... Tellpizzahut
    Last edited: Nov 20, 2020
  7. Luke

    Luke New Member

    You've got nothing to lose registering as a company, except a little bit of paperwork.
    I did it, unfortunately just after the cutoff for the grants and loan schemes - so I wasn't entitled to anything.
    It's a good step going forward though, to keep everything organized as I grow my business.
  8. Mirko

    Mirko New Member

    Unlikely you will get any profit out of it. Over time, businesses are adapting to the pandemic conditions. So soon, all the things we considered as limitations will be treated as a new normal. Judging by the rapid spread of new virus variations, instant coronavirus test and vaccines won't disappear till the invention of a full-fledged cure. So answering your question - the government will support everyone at a moderate amount. They want every economy market element to be adopted to new conditions. It's a wise long-term approach. So, instead of seeking the help of the government - just opt to optimize your business.
    Last edited: Aug 15, 2021

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