Whether you're planning the world's next Microsoft

...or going to do a bit of trading on the web, you need to choose the right vehicle for your business. Under UK law the options are:

Sole Trader

The simplest and most common form of trader used for many small businesses for the sake of simplicity

Partnerships

Is this the same where you are? Give us your feedback.

Almost like two or more 'sole traders' in business together

Cooperatives

Once fashionable but now much less common. Not usually a popular choice with entrepreneurs.

Limited Companies

Complicated to set up and expensive to admisister; they achieve a proper separation between your business and personal affairs.

The choices you make now will affect your business for a very long time! make them with care and always consult a lawyer or accountant before acting