Business and Corporate Structures
There are several ways to structure your business and the options require careful consideration. These include Sole Traders, Partnerships Limited Liability Partnerships, Limited Companies, and Public Limited Companies.
The right option for you will depend on far more than just the size of your business and you will need to consider important factors such as limiting your liability, taxation, distribution of profits, the likelihood of selling your business or share, passing your business or share down to your children, the need to raise finance and external investment.
Getting the structure right at the outset can avoid hidden surprises and potential disputes in later years leaving you free to get on with the day to day task of running your business.
Whether you are setting up a new business or reviewing your existing structure Harrisons' team of Commercial Solicitors have the experience of dealing with all kinds of businesses from new business start ups through the PLCs. We can deal with all aspects of your structure and business including:
- Partnership and Limited Liability Partnership Agreements
- Joint Venture and Shareholder Agreements
- Company Formation
- The transfer of your business from one structure to another
- External / Private equity investment
- Raising Finance
We can also offer more general advice on:
- Intellectual Property Protection
- Business know-how
- Terms of Business
Working closely with your accountant we can assess your long and short term needs and prepare a business structure tailored to suit them.