Quote:
Originally Posted by Ayla ... As we're already planning to work for the first year without even paying ourselves a salary, taking on more debt is not an option... |
1st rule of self-employment: Pay yourself.
Even charities have to be commercially minded. Perhaps approach a 'small-business' advisor and show your business plan for feedback. You'll be wanting the fiercest criticism
before you sink your own money into the project!
Is it possible to start a business and have no initial debt?