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Can i start my own business?

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(@shogun82)
Active Member
Joined: 13 years ago
Posts: 17
Topic starter  

Hi there i finished my trust deed about two months early but my trust deed period doesnt end until 5th november 2012.
I was wondering if i can start up my own business?I have all the equipment to start,the only problem is my 25 year old car packed in and had to be scrapped and i dont have transport.
I was wondering if its possible to get finance?if so who will give me it?

Thanks


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi shogun82

There should be no reason to stop you starting your own business while still under the Trust Deed.

Unfortunately the finance may be an issue. It may be that someone on the forum has managed to obtain car finance.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi shogun82.

If finance is a problem maybe you could save your ex trust deed payments to buy something cheap but usable as a short-term measure?

Keeping your costs as low as possible when starting a business may help you to turn a profit much sooner and subsequently put you in a position to upgrade your vehicle thereafter.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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