As a sole trader, you will be solely liable for the business, the employees, the premises and any claims against the business.
To protect you, it is possible with the consent of any creditors, third parties (such as your bank and landlord) and employees to
incorporate your business into a limited company. It is a fairly straightforward exercise and here at Ironmonger Curtis, our business solicitors are able to draw up the documentation for the company incorporation and provide practice legal advice on the smooth transfer of the business.
It is always best to plan the incorporation process and work to a set completion date. We can liaise with your accountant. For your customers, suppliers and employees they should see little difference – the only real difference being that you will be trading under a new name or similar name.
There are many limited company formation websites available but at Ironmonger Curtis we can tailor the company to suit your needs including the articles of association and provide you with any advice you need on running a business.
Our Sheffield commercial solicitors can help you with the company formation and prepare the Incorporation Agreement. Please email firstname.lastname@example.org or call 08452252635 for more information.