join to existing business (any senior person to respond)

[get2skills]

hi
just need to ask is, can i invest my money on existing business on already running in uk last two years. i am on psw rout,
please respond any senior person on board
thanks

[entrepreneur123]

Assuming you are new applicant. No you cannot invest in someone else business, however you can invest in business which you own(100%shareholder). Also you can takeover old business (goodwill paid to old owner will not count towards investment) for reference read new guidance policy

hi
just need to ask is, can i invest my money on existing business on already running in uk last two years. i am on psw rout,
please respond any senior person on board
thanks

[MTZ510]

@ entrepreneur123

Can you share the link where its mentioned that goodwill paid to previous owner is not an investment.
If we get a shop on lease from the existing lease holder and pay him the goodwill for the lease will it not count as cost of acquiring a lease?

Thanks

Assuming you are new applicant. No you cannot invest in someone else business, however you can invest in business which you own(100%shareholder). Also you can takeover old business (goodwill paid to old owner will not count towards investment) for reference read new guidance policy

hi
just need to ask is, can i invest my money on existing business on already running in uk last two years. i am on psw rout,
please respond any senior person on board
thanks

[MTZ510]

@ entrepreneur123

Can you share the link where its mentioned that goodwill paid to previous owner is not an investment.
If we get a shop on lease from the existing lease holder and pay him the goodwill for the lease will it not count as cost of acquiring a lease?

Thanks

Assuming you are new applicant. No you cannot invest in someone else business, however you can invest in business which you own(100%shareholder). Also you can takeover old business (goodwill paid to old owner will not count towards investment) for reference read new guidance policy

hi
just need to ask is, can i invest my money on existing business on already running in uk last two years. i am on psw rout,
please respond any senior person on board
thanks