Praise and Reviews 'A comprehensive guide.' ACCOUNTANCY AGE 'An essential and practical guide.' BUSINESS FRANCHISE There are distinct advantages to operating as a limited company, and it is the ideal structure for business expansion. Profits and losses are the company's, it has separate debts and liabilities, uniquely flexible borrowing powers and continues trading despite management or shareholder changes. This fully revised new edition of Forming a Limited Company is the essential guide for aspiring entrepreneurs starting in business, or for those already running a small unincorporated business who are looking towards expansion. It explains the advantages of incorporation and expert advice and guidance is given on every topic, including: procedures required for setting up; company name; administering the company; financial matters; duties and responsibilities of directors; changes after incorporation. Thoroughly updated to take into account the latest legislation, and including copies of all the necessary forms, this is the complete guide for sole traders, partnerships or co-operatives contemplating incorporation.