Blog: Starting a Business

An LLP is a form of legal business entity that gives the benefits of limited liability but allows its members the flexibility of organising their internal structure as a traditional partnership.  They are intended for businesses which carry on a trade or profession, and are particularly attractive to larger professional partnerships. LLPs are in law

Recent tax changes have made it even more important to consider carefully, when running a business, whether it is best to trade as: Sole trader – an individual Partnership – two or more individuals or companies Limited liability partnership Limited company We are often asked, ‘Should I form a Limited Company?’ The reality is that

Although most businesspeople understand the need for insurance, a surprising number of businesses are uninsured, under-insured, or insured with out-of date-policies. Experts usually advise that your planning should centre on insuring for a catastrophe. You should therefore check that your insurance for fire, loss of profits, employers’ liability, public liability, and product liability is correctly

Before you begin: Is it right for you? Running a business can be an extremely fulfilling experience, but it can also prove a significant challenge. Many small businesses fail in the first essential stages, which is why it is essential to plan your venture carefully. You should start by including us in your initial planning. The

If you are starting your own business, you probably have a great idea, a new way of looking at things, or a vision. But have you thought about how you can exploit a niche, or differentiate yourself from the competition with a Unique Selling Point (USP)? Many business owners underestimate the importance of researching their