Checklist for opening a hosting company?

Ympker

@MichaelCee said:
On the topic of UK incorporation, some other costs to consider:

• £12 to incorporate a company (can get it free third party)
• £13 yearly fee to Companies House
• ICO fee (Mine was £40/year)
• Accountancy - you will maybe need a local and UK accountant for two sets of accounts.
• Business banks from high street branches usually cost per month or transaction. There’s a handful of free banks available

Not sure if that's the case in the UK, but maybe you also need a physical (postal) address in the UK, too?
There are services that offer to receive postal stuff for you and offer an address, but it's also extra cost to consider.

MichaelCee

@Ympker said:

@MichaelCee said:
On the topic of UK incorporation, some other costs to consider:

• £12 to incorporate a company (can get it free third party)
• £13 yearly fee to Companies House
• ICO fee (Mine was £40/year)
• Accountancy - you will maybe need a local and UK accountant for two sets of accounts.
• Business banks from high street branches usually cost per month or transaction. There’s a handful of free banks available

Not sure if that's the case in the UK, but maybe you also need a physical (postal) address in the UK, too?
There are services that offer to receive postal stuff for you and offer an address, but it's also extra cost to consider.

That too, had one for about £40/year previously

Ympker

@MichaelCee said:

@Ympker said:

@MichaelCee said:
On the topic of UK incorporation, some other costs to consider:

• £12 to incorporate a company (can get it free third party)
• £13 yearly fee to Companies House
• ICO fee (Mine was £40/year)
• Accountancy - you will maybe need a local and UK accountant for two sets of accounts.
• Business banks from high street branches usually cost per month or transaction. There’s a handful of free banks available

Not sure if that's the case in the UK, but maybe you also need a physical (postal) address in the UK, too?
There are services that offer to receive postal stuff for you and offer an address, but it's also extra cost to consider.

That too, had one for about £40/year previously

Seems like lots of costs adding up, especially if you are catering to the LE market. Can understand why you'd choose to go the sole trader route now.

hmo

1. 24/7/365 working people

Janevski

@bikegremlin said:
The legendary:

Globe trotters.

greenwebpage

From my experience, if you want to start a hosting company, you need the following things
You must know how to target your customers,
To come up with services that fold according to customers' needs
And to get involved and create in what you do, and the time curve to grow the business is quite long, it's about years

Amadex

My first step (one that I'm completed currently) is to put all private clients on my own PX nodes, I'm will put to expire the VMs at different providers. - https://status.amadex.com/

New customers will go under https://www.virtmach.com/ (custom theme is under construction).

BlaZe

@Amadex said:
New customers will go under https://www.virtmach.com/ (custom theme is under construction).

Why Virtmach name?

Amadex

@BlaZe said:

@Amadex said:
New customers will go under https://www.virtmach.com/ (custom theme is under construction).

Why Virtmach name?

Because it's virtual machine, not virual machine 🪗😁

TheDP

@Amadex said:

@BlaZe said:

@Amadex said:
New customers will go under https://www.virtmach.com/ (custom theme is under construction).

Why Virtmach name?

Because it's virtual machine, not virual machine 🪗😁

But it's still Virtual Machine isn't it not?

BlaZe

@TheDP said:

@Amadex said:

@BlaZe said:

@Amadex said:
New customers will go under https://www.virtmach.com/ (custom theme is under construction).

Why Virtmach name?

Because it's virtual machine, not virual machine 🪗😁

But it's still Virtual Machine isn't it not?

^ this

Can be a branding disaster later on

TheDP

@BlaZe said:

@TheDP said:

@Amadex said:

@BlaZe said:

@Amadex said:
New customers will go under https://www.virtmach.com/ (custom theme is under construction).

Why Virtmach name?

Because it's virtual machine, not virual machine 🪗😁

But it's still Virtual Machine isn't it not?

^ this

Can be a branding disaster later on

Well, I'm no hosting expert, advisor or holic, but I hope all will go well