Sudoxe

Dave,
One thing to consider even if it is an advisory service you are offering is to do it via a LTD company. So in the event of something going wrong the company is liable rather than you.

Now this is as I understand it, I may be wrong:

This way any liability is limited to your stake in the company. i.e. If you teach Mr N.Umpty a new trick with one of your toys. The next week he go out and manages to shoot himself in the scrotum whist showing off the trick to their mates down the pub.

N.Umpty could then sue Dangerous Dave LTD, rather than Dangerous Dave himself. i.e. The company is of limited value and that's the most he can get. Your assets (house, sv, horse, etc) should be safe as D.D LTD is a seperate legal entity.

The same goes for suppliers, should things go wrong and you can't pay the suppliers etc or something bad they become a creditor of the company rather than yourself.

Dan