Choosing the right legal structure for your business

Choosing a suitable legal structure for setting up your new business is a very important part of the process and a key decision to be made when you decide to start your business. In most cases you will want to choose between sole trader, partnership, limited company or limited liability partnership. There are other structures that can be used for social enterprises or not for profit businesses, but in this article we will focus on the four most common business structures. Sole Trader Setting up as a sole trader is…

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