Originally Posted by bassboy

Hi everyone I was just wondering if anyone could help me or advise me where to look to help get information about starting up a small business.

The scenario is me and a mate want to start up our own In-Car Entertainment company mainly specialising in custom installations as well as supply car audio equipment (only on a small scale), however, are not sure where to begin, if someone can help explain what needs to be done?

Premises shouldn’t be a problem as for the time being we both have purpose built garages to undertake such work

I have heard that you do not have to be VAT registered unless you are making more than a certain amount of profit…is this true?

What about company trade accounts…is it possible to set up an account without a VAT number if the above is true?

Thank you for any help as it would be greatly appreciated

Also just to say again, the company will only be a small thing for the moment until we get some of our demo cars out and about when we will hopefully start expanding the range into all area’s of car modifying

bassboy