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Advantages and disadvantages of a partnership business

Published in Business management on August 27, 2017 by Johnathan Korchak

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

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Tags: business types, partnership, general partnership

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What is a general partnership?

Published in Business management on August 24, 2017 by Johnathan Korchak

Mostly, when we talk about a “partnership” in the UK, we mean a general partnership. You might also see this type of business called an ordinary partnership or business partnership. A general partnership is very different from…

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Tags: business types, partnership, general partnership

What is a limited liability partnership (LLP)?

Published in Business management on October 19, 2016 by Johnathan Korchak

A Limited Liability Partnership (often called an LLP) is a legal structure for business, which can be contrasted with forms such as the sole trader and private company limited by shares.…

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Tags: business types, LLP

What is a limited partnership?

Published in Business management on June 13, 2016 by Johnathan Korchak

Partnerships differ from other business types like sole traders and limited companies and a limited partnership shares only some of the features of a general partnership and a Limited Liability Partnership. A limited partnership,…

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Tags: business types, partnership, limited partnership

How to apply for administrative restoration

Published in Business management on June 3, 2016 by Johnathan Korchak

Company restoration is the process by which a dissolved company can be restored to the company register. From 1 October 2009, under section 1024 of the Companies Act 2006, there is a new provision for the restoration of a…

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Tags: strike off, dissolution, restoration

What is a company limited by guarantee?

Published in Business management on October 26, 2015 by Johnathan Korchak

A private company limited by guarantee is a form of business structure often used by non-profit organisations, clubs, co-operatives, social enterprises, community projects, membership organisations and charities. Set up to serve…

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Tags: incorporation, company types, guarantee

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2021 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2020, 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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