Startup Financing

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youwhut replied

21 April 2010, 10:20
Hi,

Thank you for the response. I started thinking along those lines this morning so I will get on the phone later.
Leave a comment:
Darren@UptonAccountants replied

20 April 2010, 16:28
structure

I'd strongly recommend you speak to your accountant on this one as the structure going forward could be crucial from a protection as well as tax perspective. There could be a case for a group structure or simple related company loans depending on purpose and trade of the companies but it's quite specific to your circumstances.
Leave a comment:
youwhut replied

20 April 2010, 14:45
Hi,

Yes I have a very good idea of what my current startup will be doing. I was hoping to provoke a few thoughts i.e. loaning money from one business to another.
Leave a comment:
northernladuk replied

20 April 2010, 14:23
Originally posted by youwhut View Post

Hi,

I am a contractor with a limited company. No problems there.

I am attempting to generate some (tonnes) of cash with a startup. I am at the stage of registering the company which is the easy bit. What are the ins and outs of financing my startup with money from my contractor limited company? Is it even possible? Is there something clever I can do?

In many years time I envisage owning several matured startups as part of a group of companies (it sounds good). How do I setup a group of companies?

Schoolboy questions, maybe.

If anyone knows how to make millions of £ then post that too.

Thanks.

Do you have an idea what these startups will be doing or are you just trying to generate cash for now?
Leave a comment:
HairyArsedBloke replied

20 April 2010, 14:15
Originally posted by youwhut View Post

If anyone knows how to make millions of £ then post that too.
.

Chain e-mails?
Leave a comment:
youwhut replied

20 April 2010, 14:14
Hi,

I am just exploring my options.
Leave a comment:
cojak replied

20 April 2010, 14:11
So, you are providing a loan from one of your companies to another.

Is that the case?
Leave a comment:
youwhut started a topic Startup Financing

20 April 2010, 14:09
Startup Financing

Hi,

I am a contractor with a limited company. No problems there.

I am attempting to generate some (tonnes) of cash with a startup. I am at the stage of registering the company which is the easy bit. What are the ins and outs of financing my startup with money from my contractor limited company? Is it even possible? Is there something clever I can do?

In many years time I envisage owning several matured startups as part of a group of companies (it sounds good). How do I setup a group of companies?

Schoolboy questions, maybe.

If anyone knows how to make millions of £ then post that too.

Thanks.
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