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Advice on setting up Market Stall with possibility of bankruptcy on horizon..


musicronny
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Hi,

 

I am looking to set up a market stall in my local inshops soon. And would like to hear any views on the best way to set this up, as there is a possibilty of me going bankrupt if it doesn't take off relatively quickly. I do have a wife, who is employed and wont be named in the bankruptcy, who could sign the agreements in her name. And most of the set up costs involved for the first month are being provided by family.

 

I am currently a self employed advertising sales executive but it hasnt turned out the way they said it would. I am currently speaking with payplan about a DMP and will hopefully have something agreed shortly.

 

My worry about bankruptcy would materialise IF the business didn't cover my outgoings, which to be honest, aren't that big.

 

Any advice, views or comments would be appreciated.

 

Regards

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