I have just registered a new Ltd company, we are two shareholders and we created the company with £2 (£1 each) of initial capital.
We are producing (and will be selling) online training courses, which means we will see expenses only for the first 3-6 months which we will (hopefully) recover in the next 6-12 months. How do I go about it in practical as well as accounting terms? The initial capital obviously won't cover it. I do not want a bank loan though, I have enough savings to cover up the expenses.
Can I give the company a loan (as an individual)? Or do I just put in on a credit card - but that's essentially a loan ...
I appreciate this may be a rather trivial question.