Head
of Ramsdens Company and Commercial Law, Stephen
Newman has featured on Small Business looking at how
to choose the right owner structure for your business.
Commenting,
Stephen said: “When starting a business, there are many factors to consider.
In the following guide, we will explore the different structures of business
ownership, highlighting the pros and cons of each so you can decide which is
best for your new start-up.”
In
the article, Stephen, Solicitor and Partner focused on the most common types of
business structures used in the UK; Sole Trader, Partnership, Limited Liability
Partnership (LLP), and Limited Company along with what to consider when
assessing your start-up’s needs.
Stephen
added: “There are many different reasons for registering your business with a
specific structure, and every business owner’s needs may be different. It is
therefore important to consider every aspect of your business requirements
before choosing the structure that you wish to adopt.”
Read
the article in full here.
For
advice on all aspects of company and commercial law, please call our specialist
team on 01484
821 500 or fill out our online
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you.
The above article is for illustrative purposes only and does not constitute legal advice.
It is recommended that specific professional advice is sought before acting on any part of the information given.
Furthermore, the information contained is accurate and up to date as of the date of publication.
Readers should be aware that legislative frameworks may have been amended since the original date of publication.