ChatterBank0 min ago
If you leave a job to start up a business can you sign on?
Can anyone help with this? If you have left your job but the business isn't bringing in any money yet and won't be for probably a month or so would you be able to claim any sort of benefits?
Any advise would be appreciated, thanks
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.No. Your on your own I'm afraid. If your business has sufficient capital reserves you could authorise a company loan. I suspect though that you haven't approached a bank for financing as they would have advised you to build this eventuality into your business plan, and provided financing to cover the start up period while you are building your business.
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