Head of Ramsdens Company and Commercial Law, Stephen Newman has featured on Small Business looking at how to choose the right owner structure for your business.
Commenting, Stephen said: “When starting a business, there are many factors to consider. In the following guide, we will explore the different structures of business ownership, highlighting the pros and cons of each so you can decide which is best for your new start-up.”
In the article, Stephen, Solicitor and Partner focused on the most common types of business structures used in the UK; Sole Trader, Partnership, Limited Liability Partnership (LLP), and Limited Company along with what to consider when assessing your start-up’s needs.
Stephen added: “There are many different reasons for registering your business with a specific structure, and every business owner’s needs may be different. It is therefore important to consider every aspect of your business requirements before choosing the structure that you wish to adopt.”
Read the article in full here.
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