Startup loan
From British Juggling Convention Wiki
Revision as of 16:56, 8 June 2010 by 95.150.82.207 (Talk)
Some BJCs have generously offered to hand some of their profit onward to future BJCs to be used as a startup loan. This startup loan now totals around £5000.
This is useful to pay deposits on venues etc before your Pre-reg has started.
The standard agreement for this loan is that it is the first thing to be repaid. If a BJC makes a loss then the loan is repaid before the loss in order to allow the loan to be available for future BJCs.
