richardb - 1:39 pm on Jan 13, 2003 (gmt 0)

Lots of very good points already mentioned

Two absolute musts:

·Make sure that you are not undercapitalised – it will kill you – trust me I’ve been there, it’s just not worth it. If the figures say it's not going to work, walk away from it or change things until it looks like it could work.

·Get the best accountancy company you can find (chartered if poss.). They are free, i.e. they will save you far more money than you pay them! Most good companies will talk through things prior to you using their expertise and they will see financial flaws in your plan very quickly... ...so you cannot loose.

Rich