Business Formations and Structures
Starting a business is an exciting time for all involved. It may have been many years in the planning, or a quick response to a time-sensitive opportunity. Whatever the situation, there is no escaping the need to carefully consider the formalities, not least the way in which your business should be structured.
Get advice todayYou will have heard of the options, the most common of which include sole trader, partnership, limited company, and limited liability partnership. Each has its own characteristics which may or may not be right for your business. And while it is possible to alter a structure as a business develops over the years, it is important – legally and commercially – to set off on the right footing.
Laying proper foundations will give your business its best chance of succeeding.
Our company formation team works with the very small, to the very large. Clients are based not just in Tamworth and Ashby but all over the UK, and sometimes overseas or with foreign subsidiaries.
FAQs about business formations and structures
I’m new to the world of business. Will I be expected to understand everything my solicitor tells me?
We want to set up a family business. Will there be fewer formalities to go through than if we didn’t have that close relationship?
I have been a sole trader for many years. Would it be better to run my business as a limited company?
I have a name in mind for my new business. Would you be able to check that it would be fine for me to use?
Our team of company formation solicitors help clients understand what the different types of business structures mean.
We’ll explain the requirements and implications of each in terms of liability, cost, and compliance, before helping you make your decision about which company formation best suits you and your business. With an eye on your longer-term plans, our company formation solicitors will ensure that your initial set-up will serve your purposes now, while also enabling your business to grow and adapt to the changing commercial world.
Our services include:
- Company formation
- Transferring your structure
- Partnership and limited liability partnership agreements
- Joint venture and shareholder agreements
- Franchises
- External/private equity investment
- Raising finance
FISHERS SOLICITORS
Fishers Solicitors is authorised and regulated by the Solicitors Regulation Authority, SRA number 48317. The Solicitors Code of Conduct can be found by clicking the logo.
