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Three UK Business Forms

When you have made your business plan and concluded that it is a good idea to start / register your company, you have to follow specific rules.

Follow the rules and you will become a legitimate business owner in the UK.

Three business forms

Before you register you have to decide which business form you will start. The three commonly used business forms are:

1. Sole trader - running your own business as an individual
2. Partnership - partnership with two or more individuals
3. Private limited company - is usually limited to the shares of the shareholder

Any difficult task seems easier if you break it down into manageable steps.
- Claire B. May Gordon S. May