// key reporting area (KRA)

Legal & Compliance

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Growing small business legal tips

A growing small business moving from sole trader or partnership to a more “grown up” legal structure – like a Limited Company, Limited Liability Company and Limited Liability Partnership.

When you start out small, a common legal structure to use in a small business is “Sole Trader” (or a “Partnership” if there is more than one founder). This is fine in the early days, if you want to take a punt on a business idea. It is low cost and easy to make a [...]

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