Trading Contract with self-employed or individuals

[entrepreneur123]

Hello everyone,
I got a question regarding trading contract we are supposed to show under PSW £50,000. I am planning to open Business development services business. I have managed to find a client who is a photographer but do not have registered company and willing to setup his own company. So i will be providing services including setting up company and preparing marketing strategy etc. So i will be using job title of Business development manager NQF 6. My question is, is it ok to use this contract with indiviual in my application?(As contract will be with individual who will open company afterwards)
Any help will be quite helpful. Thanks in advance.

[entrepreneur123]

OR if he setup his own company first and then i do a contract with him...then it will be ok? As in this case contract will be with new company who is just registered,say, 20 days ago.. will this be a problem as UKBA might think that its a bogus company....

[whiteroses]

Who told you that you can only show a contract with a company? The policy guidance does not state that the contract must be with another company, as obviously, many businesses primarily provide services to individuals and not other firms.

[entrepreneur123]

Many thanks whiteroses. I was worrying about it, such a big relief. Do you think the services (company setup, marketing strategy and other intial business start up advise) that i will be providing using Business Development Manager(NQF 6) job title will be fine for Tier 1 (Entrepreneur) visa? My company name will be ABC business development services. Sorry if i am asking too many questions. Thanks

[smehmood]

Who told you that you can only show a contract with a company? The policy guidance does not state that the contract must be with another company, as obviously, many businesses primarily provide services to individuals and not other firms.

Hi

If you look into the nature of business off applicant you would realize he is trading as Business Consultant. and as an business consultant he should be advising a business not individual. if someone has newly started business or about to start in any case contract should be with company or his business name.
Business contract is a contract between two businesses.

Regards

[Sar78]

Who told you that you can only show a contract with a company? The policy guidance does not state that the contract must be with another company, as obviously, many businesses primarily provide services to individuals and not other firms.

Hi

If you look into the nature of business off applicant you would realize he is trading as Business Consultant. and as an business consultant he should be advising a business not individual. if someone has newly started business or about to start in any case contract should be with company or his business name.
Business contract is a contract between two businesses.

Regards

Hi Smehmood,
I am running a tutoring company and have contracts with individuals. Obviously, as a private tutor I cannot provide services to businesses.Can you advise me on what to do, since you are saying it must be with a business?

[rehan01]

Who told you that you can only show a contract with a company? The policy guidance does not state that the contract must be with another company, as obviously, many businesses primarily provide services to individuals and not other firms.

Hi

If you look into the nature of business off applicant you would realize he is trading as Business Consultant. and as an business consultant he should be advising a business not individual. if someone has newly started business or about to start in any case contract should be with company or his business name.
Business contract is a contract between two businesses.

hi Sar78,

I think you will be fine as its goes with your nature of business

good luck

regards
Regards

Hi Smehmood,
I am running a tutoring company and have contracts with individuals. Obviously, as a private tutor I cannot provide services to businesses.Can you advise me on what to do, since you are saying it must be with a business?

[entrepreneur123]

Many thanks for your kind advice smehmood. So if my client open his new company first then can i do contract with this new company (it will be 2 months old company) ? Do you think it matters to UKBA if my client will be newly registered company ? As new business usually need business development services... Thanks in advance for your kind advice.

[whiteroses]

Smehmood,
First of all, a consultancy can advise people or individuals on not only developing a business plan but also with the process of setting up the business. Many business consultants provide this service.
Secondly, if the photographer is self employed, then a company setup isn't necessarily required, as a sole proprietorship is also a business.
Thirdly, a business contract, in general and as per the guidance, is been two or more parties, and the parties can be businesses or individuals or both.
Anyway, I suppose the guidance is open to interpretation so there are bound to be different opinions.

Regards.

[entrepreneur123]

Thanks whiteroses for your reply. Just to add, Photograher(my client) is not registered self-employed at the moment. Please could you advice what should i do? Any advice will be quite helpful, as i am worrying about it. thanks

[smehmood]

Many thanks for your kind advice smehmood. So if my client open his new company first then can i do contract with this new company (it will be 2 months old company) ? Do you think it matters to UKBA if my client will be newly registered company ? As new business usually need business development services... Thanks in advance for your kind advice.

Hi

It does,nt matter.

Regards

[smehmood]

Smehmood,
First of all, a consultancy can advise people or individuals on not only developing a business plan but also with the process of setting up the business. Many business consultants provide this service.
Secondly, if the photographer is self employed, then a company setup isn't necessarily required, as a sole proprietorship is also a business.
Thirdly, a business contract, in general and as per the guidance, is been two or more parties, and the parties can be businesses or individuals or both.
Anyway, I suppose the guidance is open to interpretation so there are bound to be different opinions.

Regards.

Hi

1. I have given my opinion you agree or disagree
2. this is just my opinion not something do with u personal.
3. (Your 1st.) that advise would be initial and can be provided to anyone but it would logically not lead to contract.
4. (your Second) I never said it has to be registered company it could be self employed person but he would have a trading name at least.
5. (your third) yes its general but its logical and depends on nature of business.

I am sorry if any of my comments have hurt but that was not my intention.

[smehmood]

Who told you that you can only show a contract with a company? The policy guidance does not state that the contract must be with another company, as obviously, many businesses primarily provide services to individuals and not other firms.

Hi

If you look into the nature of business off applicant you would realize he is trading as Business Consultant. and as an business consultant he should be advising a business not individual. if someone has newly started business or about to start in any case contract should be with company or his business name.
Business contract is a contract between two businesses.

hi Sar78,

I think you will be fine as its goes with your nature of business

good luck

regards
Regards

Hi Smehmood,
I am running a tutoring company and have contracts with individuals. Obviously, as a private tutor I cannot provide services to businesses.Can you advise me on what to do, since you are saying it must be with a business?

Hi

the quoted comments were for a business Consultant.
i would suggest you can send Application form filled up by students or enrollment letters.

Regards