Start-Ups and Joint Ventures
Are you in the planning stages of creating a new and exciting start-up business? Are you potentially joining forces with one or more individuals or businesses to create your new company?
Starting a new business can be great fun and it can create a real sense of achievement when you see a dream become reality.
It’s important to remember that in order for start-up businesses and joint ventures to be successful, being aware and thorough legally from the beginning can empower your business decision making and prevent disputes and upsets further down the line.
At Progression Solicitors our team specialise in ensuring your start-up business is legally sound and can offer independent advice on a range of topics in this area, including the type of business you wish to operate as. We can offer our advice on the subjects of:
- Partnerships – a formal arrangement where two or more individuals or businesses join forces to operate and manage a business, taking equal liability and profit responsibility.
- Limited companies – when a business is legally separate from the owners of the company (known as shareholders), and is responsible for its own contracts, actions, debts, liabilities and profits.
- LLPs – Limited Liability Partnership – a formal arrangement of two or more individuals to manage and run a business, having limited responsibilities including paying their own tax on profits, but are not liable for any debts incurred by the business.
To learn more about how we can help your business start-up venture, get in touch with one of our specialists today by calling 0333 305 7777 to arrange a no-obligation appointment.