Company/partnership formation

Once you have made the decision to go into business you must decide on the form of your business. If you are starting a business on your own the decision will be between being a sole trader or forming a limited company. If you are to start a business with one or more others you will need to decide whether it is best to form a limited company or a partnership.

These decisions are important because they will impact the costs of the business. If there are others involved in the business it is essential that you have an agreement in place – lack of agreements between owners of businesses is a major reason for business failures.

We can assist you with making these decisions. By guiding you through the advantages and disadvantages of each and taking your personal circumstances into account we will make sure you understand the choices and help you put them into action.