Standard Business

Standard Business

To help you understand and decide what type of business you want to be and what each entails, have a look at the following guidance which gives you an overview:

Limited Company


A limited company is an organisation that you can set up to run your business.  It’s responsible in its own right for everything it does and its finances are separate to your personal finances. Any…

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Partnership


Small business owners often choose to be sole traders when starting up; however this can be a lonely way to develop a business and so some people look towards forming an ‘Ordinary’ business partnership…

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Sole Trader


What being a Sole Trader means

Being a sole trader is generally regarded as being the simplest way to set up a business and has a number of advantages but also some disadvantages. A sole trader…

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