Starting off a business
Discussion
Hey, i am still in full time education but really want to start a business. Just want to know if anyone has enough experience to answer a few questions?
Not got many ideas as of yet, so cant say anything about area but is getting legal advice a must do first?
Also is it too difficult to write up the balance sheets and work out taxes ect without any accounting knowledge.
Moreover, what about terms and conditions, liability issues or the like.
I am in the fortunate position that I dont need to do this for money or anything, i have the option of going into full time employment, but would love to run my own business/life.
I know there are a lot of people who have started with nothing, so i am presuming it is not impossible, just wanted some advice!
Cheers
Not got many ideas as of yet, so cant say anything about area but is getting legal advice a must do first?
Also is it too difficult to write up the balance sheets and work out taxes ect without any accounting knowledge.
Moreover, what about terms and conditions, liability issues or the like.
I am in the fortunate position that I dont need to do this for money or anything, i have the option of going into full time employment, but would love to run my own business/life.
I know there are a lot of people who have started with nothing, so i am presuming it is not impossible, just wanted some advice!
Cheers
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