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Scottish Trust Deed Forum
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Topic starter
22/06/2016 6:44 pm
Hi I have been discharged for nearly 2 years and would like to start a business but unsure what type of company I will be able to have after ing being in TD. I am only putting low level investment in to start with and keeping full time job to see if it's viable first but was looking for advice/experience from others? Can j start a limited company? Will I be able to get business bank account?
Thanks
Jock
22/06/2016 8:53 pm
Hi jock67.
You can start a limited company.
Regarding a business bank account, banks will take an interest in who the company directors are. This will especially be the case if you need credit facilities.
Don't let that be an obstacle though. Why not approach your own bank to see how they can help you?
Starting as a sole trader is also an option.
You may wish to take advice about which option would be better for you - there are pros and cons associated with each.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
