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What must be included in company stationery: UK legal requirements

Published in Business management on July 9, 2024 by Philip Newman

In the UK, companies are required by law to include specific details in business letters, business documents, and all forms of business correspondence. The full details are set out in The Company, Limited Liability Partnership and…

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Tags: business management, stationery

4 comments

Advantages and disadvantages of a partnership business

Published in Business management on May 9, 2024 by Johnathan Korchak

A partnership business is one of the most common forms to run a business in the UK. There are several hundred partnerships currently in existence. The most common alternatives are the sole trader and limited company.…

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Tags: business types, general partnership, partnership

27 comments

What is a sole trader?

Published in Business management on April 19, 2024 by Johnathan Korchak

A sole trader is a self-employed person who owns and runs their own business as an individual. A sole trader business doesn’t have any legal identity separate to its owner. That leads many to say that as a sole trader you…

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Tags: business types, sole trader

3 comments

What is a limited liability partnership (LLP)?

Published in Business management on January 29, 2024 by Johnathan Korchak

A Limited Liability Partnership (often called an LLP) is a type of business structure that combines elements of a partnership and a corporation. It provides limited liability protection to its partners, which means that the…

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Tags: business types, LLP

10 Reasons to be a Sole Trader

Published in Business management on November 21, 2023 by Johnathan Korchak

Setting up as a sole trader is the most popular way of starting up a new business in the UK. It’s especially common amongst those going into business on their own for the first time. Starting your business as a sole trader has…

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Tags: business types, limited company, sole trader

1 comment

What is a company limited by guarantee?

Published in Business management on September 25, 2023 by Johnathan Korchak

A company limited by guarantee is a not-for-profit business set up to serve social, charitable, community-based or other non-commercial objectives. Rather than distribute profits to members, guarantee companies typically retain…

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Tags: company types, guarantee, incorporation

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2024 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2023, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website

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