If you are starting a new business, there are a number of things you will need to think about before you start trading.
One of the first things you will likely think about is officially setting up your business.
We can help support your organisation getting off to the best possible start.
How we can help
It can be difficult to know which is the best way in which to incorporate your business, or even how to go about it. If you would like to incorporate your new business, please contact our specialist Corporate team and we can discuss the best way to go about it, and can undertake the incorporation process for you.
Incorporating your business
There are many advantages to incorporating your business, but perhaps the main advantage is that it protects you from any personal liability for the debts and liabilities of your business. If your business is incorporated, it is the business itself which has responsibility for its debts and liabilities and not you as the owner.
We can help you consider all your options and navigate you through the incorporation process.
If there are more than two of you going into business
If your business will also be owned by somebody else and not just you, then you really ought to consider putting in place a shareholder agreement or partnership agreement (depending upon the nature of your business). We can help you draft up such agreements to give you security and mange your important relationships.
Recognised and recommended
Our Business & Commercial team are recommended in three categories in The Legal 500 UK 2023 – with several colleagues receiving special recognition and head of department Jamie Arnall acknowledged as a ‘Next Generation Partner’.