How did you finance your business when you set it up?, I invested all of my savings and I took out a loan from the bank., Is the business profitable?, The first year was really hard. I ran up a big overdraft because I had to pay the rent and other expenses. I didn't get much work in the first year. But I continued with it and things got better during the second year. This is my third year and finally my income is more than my expenses., Did you have to register your business anywhere?, No. But I had to tell the tax authorities what I was doing, of course. I have to send them an annual self-assessment form., Did you get any professional advice from anyone?, No. I didn't want to use lawyers or accountants because they cost so much. But I went to the local advice centre and they gave me some help at the beginning., What sort of business did you form?, I'm a sole trader. I wanted a business that I could manage myself without a lot of complicated rules and regulations. That's why I chose to be a sole trader., Can you tell me about your background?, I did my apprenticeship with Bugler Cars. An apprenticeship is a period of training. After that I worked for Bugler for four years to get some experience. Then I decided that I could do the job on my own, so I set up my own business..
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