many thanks,   sincerely

If your friend is giving money then yes you can start sole proprietory business and Yes, Creditors run after the business succeed but it will take some time. Like read following points it will be helpful to you:- 1) After you business succeed, the best thing you can do is to find someone who will give you some credit and make sure you pay them well and within the terms. You can't clear the history but you can start to improve it. 2) You rely on good relations with creditors for the smooth operation of your business. Suppliers (trade creditors), the bank, and statutory bodies such as HM Revenue & Customs (HMRC) all affect the cashflow of most businesses. When your cashflow is tight, you may not be able to pay your bills on time. If you manage the situation well, your creditors will have more trust and confidence in you than before. But managed badly, the situation can develop into a crisis. This briefing covers: * Deciding your objectives for each creditor. * Identifying your key creditors. * Handling your bank and the taxman. * Dealing with creditors if you are in financial difficulties.

Whether or not someone can come after your business in the event of your personal debts being collected depends on the structure of the business. If you have a limited liability company for example, the business is a separate legal entity to you and your personal financial situation is unrelated to the company. How you start the bussiness isn't relvant either unless of course the person supplying your capital does so in exchange for shares or partial ownership. IF they are literally just giving you a gift then for one thing they're a **bleep** good friend, and for another they will ahve no future claim to the business whether it succeeds or not.