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Quote request from a business in London

Created on
Fri 04 October 2013 3:45pm
Region
London
Type
Business

Business details

Number of employees
2
State of records
None
Business age
Less than a year
Current turnover
None yet
Type of business
Limited company (Ltd)
We are a two-person technology startup, who has been focusing on building a prototype product. We are now approaching the stage where we can launch something to a limited set of users, and therefore take in real money. The business is not yet registered as we were still in an early development stage, with negligible costs.

The business primarily involves supplies and stock movement, warehouse management, technical infrastructure and consumer credit card purchases. Aside from the two aforementioned people, who will be the directors of the company, we intend to hire at least one more person in the next couple of months, and potentially more later as the business scales up.

Very soon after our initial launch, we will be investigating investment rounds. This will be to scale up operations rather than to develop the core product, and is not critical to the life of the business.

Initial cashflow will be very thin (less than £50,000 annual revenue) as we understand our live audience, with most incoming cash

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