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If you have the drive and enthusiasm to create your own business, the next thing to consider is the practicalities and legal formalities of getting your business started. There are various ways you can structure your business and each brings with it different legal obligations and protections. These include:
- Sole Trader – a self-employed individual running their own business
- Partnership – two or more individuals who share the management and profits. This can be either a traditional partnership or a Limited Liability Partnership
- Limited Company – a legal structure that provides limited personal liability to the owners of the business
From day one our corporate team can advise you on the structuring for your business and appropriate set-up for your business, including formation, the pros and cons of different business structures and the different options available for limited companies, and the most appropriate one for your business.
For companies and partnerships, we can assist you with the process of getting your company or partnership up and running, ensuring that you comply with the relevant legal requirements and regulations and giving your business the best possible start. company up and running, ensuring that you comply with company law regulations and giving your business the best possible start.
See also Shareholders & Partnerships Legal Services | Wollens Solicitors, Devon
Get in Touch
Get in touch with our team of Company Formations and Business Structures experts today to discuss your requirements. You can contact us via email Email or telephone us 01803 213251
Testimonials
Trusted Wollens with the sale of my share of a business that I had started from scratch some 20 years ago so as you can imagine this was quite a sensitive journey for me. Have never done anything like this before so didn’t know quite what to expect, expectations and reality are quite different, but Wollens have your best interests at heart so you can’t rush a good job. The sale has now all gone through and I can move on with the next part of my life. I thank Wollens and both Emma’s very much for all their hard work.
Wollens have become the preferred legal team for myself and my companies, and Challenges Property Ltd.
Negotiation skills and ability to have difficult conversations with difficult clients.
Partner led – each partner takes an active role in cases and overseas their respective teams. This supports deliverable outcomes. Large enough practice to have expertise within locality and across the three sites, they are very joined up, acting as one team.
Emma Reed – Pro-active and engaged. Able to articulate possible solutions, giving practical advice and standing behind her decisions.
Hayley Green – Offers practical and simple actions to resolve difficult situations. Able to communicate complex issues in a clear and concise manner
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Related Services
- Agency, Distribution & Franchising
- Banking & Finance
- Business Succession Planning
- Commercial Contracts
- Corporate Governance & Compliance
- Joint Ventures
- Leisure & tourism
- Management Buy In / Buy Out
- Mergers & Acquisitions
- Partnership & LLP Matters
- Private Loans and Equity
- Public Sector Contracts and Projects
- Refinancing
- Renewable Energy
- Restructuring, Reorganisation & Demergers
- Shareholders & Partnerships
- Terms & Conditions of Business
