Whether you are forming your first business or adding to an existing one, it pays to set it up correctly. Choosing the wrong business structure exposes you to unnecessary costs and risks.
Your main options are being a sole trader, partnership, limited company or limited liability partnership. If you are going into business with other people, you also need to address practical issues and your working relationship.
This content is for members only.
You can access this factsheet by logging into the website. If you are not yet a member, you can join now by clicking the button below.
Join now Login