It is worth considering whether you should form a company or a limited liability partnership. We can manage the incorporation process for a fixed fee. We also offer registered office and company secretarial services.
If you are working with others, it is wise to consider entering into a shareholders’ agreement or partnership agreement. Such an agreement can be used to regulate decision making within the business, how profits will be shared, and to set out what will happen if one party decides to withdraw from the business and sell their interest. This can help avoid disputes (and related costs) in future.
You should also consider the legal relationship with your customers and the need for terms of business. Are your customers private individuals (consumers) or other businesses? Consumers have enhanced legal rights and you must be careful to avoid unfair contract terms, otherwise they might not be enforceable.
For assistance with setting up a new business contact Alan Gilfillan.
Are you acquiring business premises? A simple lease can mask taking on large potential liabilities. Find out more about our commercial property service
Read our guide to Commercial Leasing
Are you taking on employees? Do you know what is required with regard to their contracts and terms and conditions of service? Find out more about our employment service.