The Natwest has just downgraded my current account to a basic account, so they may let you open one of them

Hi Melanie

Do you think that it seems totally unrealistic and that it would be better to revise down on the initial outlay?

The thing is I know I could make this work and continue to pay into the IVA.

Would my IP need a business plan from me?

Hi Melanie

The costs would be for a relatively new van, courier insurance, public liability insurance, road tax, breakdown cover, satnav, advertising, rental of equipment (if I sub contract), fees for joining a work exchange scheme.

Hi Melanie

The costs would be for a relatively new van, courier insurance, public liability insurance, road tax, breakdown cover, satnav, advertising, rental of equipment (if I sub contract), fees for joining a work exchange scheme.

Hi Thanks for the responses. I was hoping that the initial startup costs would be approx 12k and I was planning to keep about 3-4k for my initial outgoings for about 3 months ie rent, maintenance payments, IVA payments etc. I am expecting about 19k redundancy pay (16 years as a teacher) Would this b...

Hi I will be made redundant on the 4th October 2013 and I am looking at a decent amount of redundancy pay. Would I be able to negotiate with my IP on keeping a fair chunk of it. I want to buy a relatively new van and become a self employed courier. If I do this I would still be able to pay off the d...