With effect from the 1 April 2009, I have in place my Money Laundering Registration and Professional Indemnity Insurance. As neither of these start until 1 April should I wait until then to start advertising or do you think that I should start advertising for clients now and tell them that I can start doing their books with effect from 1 April?
Also, although my business will not officially start until the 1 April 2009, so far, over the last few years, I have put about £3000 into setting up, on things like training courses, a computer, printer etc. Even though I made these purchases before officially trading, should I still keep a record of the capital that I have put into the business or is the money that I have spent so far irrelivant?
The earlier you start advertising the better in my opinion. As for pre-trading expenses you want to keep a note of them so they can be included in your first set of accounts. As long as they were 100% for business purposes these can be included.
