Starting a business
You have to decide what is right for you in your particular circumstances. You must also give some thought as to how the business is going to grow and develop.
Common business structures
There are main types of structure most commonly used:
- A limited company;
- Partnership;
- Limited liability partnership;
- Sole Trader;
- Community interest company;
- Charitable incorporated company; or
- Company limited by guarantee.
We have set out a summary table of business structures to compare the various options.
Advice for companies and partnerships
If you are setting up a limited company we can also advise you on directors duties and shareholder agreements.
If you are considering setting up a partnership, we can help you with your partnership agreement.
Our business solicitors are experienced in providing legal advice on different business structures and on starting a business. If you are unsure as to which structure to use, whether you are starting a small business or starting an online business which is going to rival Google, please contact our Sheffield business solicitors on 0114 249 59 69.