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Is it even possible to consider setting up my own business at 18?
Comments
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Not a chance. No Magistrate in the country would give an 18 year old a licence.
Magistrates don't give licenses anymore, your local council does; anyone over the age of 18 can take a course, pass the test and apply for the license, which if you have no criminal convictions or any other restrictions, has to be granted.
I got my license at 19 - ran a pub for a few months as acting manager.
If you go for a chain, they won't take you seriously. You wouldn't be able to afford a loan to buy a free house.
It's best just working in a pub for a few hours a week whilst you're doing something else, then when you have more money and experience to look into it.0 -
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Dont you need to have a huge amount of cash/loan to be a landlord or are there many schemes for running a pub.0
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Dont you need to have a huge amount of cash/loan to be a landlord or are there many schemes for running a pub.
You'd need some cash if you wanted to set up on your own, or if you wanted to run your own pub which was owned by/tied to a brewery.
You wouldn't need any cash if you wanted to work as a manager in a pub/club, but you'd need a personal licence.0
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