Category: Law Practice Support

The Legalities of Setting Up a New Business

13/08/2018 Off

The Legalities of Setting Up a New Business

Legal advice is always beneficial, but especially so when it comes to setting up a new business. From finances to the legalities of hiring people, there is an array of advice which you might require. Which is why, in many cases, it is best to get such advice before you actually need it. As chances are by the time you look for it naturally it might have already cost you a great deal of money.

So, what areas can a solicitor be an invaluable aid when setting up a new business?

Writing a Business Plan

A business plan is one of the biggest necessities when it comes to starting a new business from scratch. After all, this is the document which will outline your initial road to success and it will continue to grow and adapt as your business does. Failing to create a structured, realistic, business plan can cause any number of issues for your business – perhaps not today, but certainly tomorrow.

Once you have all the details of a business plan in place – a rundown of which you can find here – you will need a legal professional …

By Eden