As directors, pay for anything you can get away with as expenses -- all your travel (provided it doesn't say on the ticket it's to Disneyland). It is the most efficient way to get money out of the business. Don't be fraudulent, just be tax efficient; Use an electronic expenses tool (Xpenser, or Expensify) to collate your own and team accounts -- all expenses are tax deductible; 34. Make sure none of your employees think they can be contractors outside of working on your start-up. 35. Understand the R&D tax credits program. This allows you to claim back a large percentage of PAYE tax (this is an excellent R&D tax rebate available in the UK, others are available in Canada and other countries); 36. Get insurance (the insurance you really need, not what the broker wants to sell you). 37. Get an alarm system or check security before you move the computers into your office (unless you all have laptops). Two of the offices I had (including a shared one) were burgled. 38. Start planning you investment round and reaching out to investors. Make sure you adhere to EIS for angel investors -- Google it -- or in the US any legalities for private securities investing. 39. Agree on a fair valuation. Get your external advisor to check and correct the capital structure and share register if necessary. (It's still easy to fix this but that window is closing fast); Don't state your valuation in your first conversation with angel