One of the most crucial decisions you’ll make when starting a business is choosing the right structure. This choice impacts everything from your tax responsibilities to your level of personal liability, and even how you can secure funding.
If you’re considering launching a new business or restructuring an existing one, it’s important to explore the different options available to ensure you make the best decision. Our newly released spotlight guide highlights key factors to consider when selecting the optimal structure for your business.
Should you operate as a:
- Sole Trader?
- Partnership?
- Limited Liability Partnership?
- Limited Company?
- Community-Interest Company?
The guide provides an overview of the legal and regulatory requirements for each structure. Every option comes with its own advantages and responsibilities, and the right one for you will depend on your unique circumstances, goals, and future plans.
We’re here to help you make an informed decision. Whether you’re starting afresh or restructuring an existing business, our team can offer personalised advice to suit your needs. Get in touch with our Business Services team at 01223 810100 to discuss how we can support you in choosing the right structure for your business’s future success.
