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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understand the need for insurance, a surprising number of businesses are uninsured, under-insured, or insured with out-of date-policies.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