Business startups and company formation
You may be considering starting up on your own as a sole trader or going into business with one or more partners or shareholders.
Our experienced team will advise you on the best way to conduct your business, such as:
- Sole trading
- Limited Liability Partnership
- Forming a company
It is important that a Shareholders, LLP or Partnership Agreement is entered into sooner rather than later as this is when the parties are most likely to be in agreement. Otherwise, if problems arise, shareholders and LLP members would have to rely on their rights under company or LLP law which could be expensive to enforce, or, in the case of partners, the default regime provided by the Partnership Act 1890 will apply which may not suit the partners.