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maintaining ourself during initial period of busines startup

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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Darvesh
Member of Standing
Posts: 444
Joined: Wed Feb 27, 2013 11:44 pm
Location: London
United Kingdom

maintaining ourself during initial period of busines startup

Post by Darvesh » Mon Apr 29, 2013 1:50 am

I wish everyone goodluck with their application outcome as well as a prosperous business to those we have already started thier business..

For all those who got T1E OR waiting for outcome on application, my questions are...


how someone on T1E will survive(pay his rent/bills/food etc)[though u have shown 900 for 90days as maintanance] as ur new business may not be capable of giving u a return (profit) in first afew months.

Neither u can take up any employment other than working for ur company nor u take salary against work done by you for your company......

if u do take salary out then it will not be coounted towards investment....


Living in this country, u may have to spend everyday , we cant control our everyday expense no matter what.....In worst case scenerio how we can maintain ourself when no profit produced by buisness due to its early days whilst keeping rest of the investment safe in bank or might have used all of it.

have we chosen or are choosing a bumpy ride for ourself?......please share ur thoughts or plans here....

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