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MMarshall

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Everything posted by MMarshall

  1. Makes sense As you say - insurance is your biggest overhead - which for a startup of just 2 is really the main issue. Cash flow is obviously the biggest issue early on 2k is obviously a significant wedge for a new startup of just 2 guys especially if that's just part time. Is 2k just for yourself + ad hoc employees as & when needed? What sort of turnover?
  2. Sounds like Ltd Partnership is a viable option for negating need for EL 👍🏼 does it save much on insurance costs compared with EL ? Any recommendations on insurer ?
  3. Pricing up likely new startup costs for a 2 man partnership atm & wondering if PLI can be covered for both partners under a LLP business structure, rather than going down the single employer + employee route for liability insurance. Anyone have experience of insuring their business along these lines ?
  4. Can you possibly share your cost of insurance through Trust ? - would be helpful as a very rough guide to budget for a potential new startup with a partner 👍🏼
  5. Very helpful Has there been any discussion or information in the past on the forum re insuring as a Limited Liability Partnership as a workaround ? looking at a potential 2 man new startup as a partnership 👍🏼

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