Penny Less

I would agree with Follow the Trend in that your first step is to put together a document or business plan. This would provide further information about your venture with likely set up costs and returns. It would include details of the venture, who the customers and stakeholders were, goals and aims, resources required (not just financial, can be equipment, staff) and the risks with a contingency plan. I think if I was a potential investor in a company or a venture, this is the type of information that I would like to see - along with some projected income.

Hello all Apologies for this rather naive question, but I am totally new to trading and wondered if this also covered stocks and shares. When the Woolwich Building Society (in the UK) decide to become a bank, I was given a set of shares which were re-valued when the Woolwich were taken over by Barclays Bank. I was told that the shares were worth about £2,000. I wondered how I could sell my shares and the timescale for doing so. I suppose what concerns me is that share prices can peak and whilst I am sorting out the sale, they drop and I lose out! Any advice you can give would be most welcome. Penny