Company structure
There are different ways of structuring your company. You can be a sole trader (if there’s just one of you), a partnership (if there are two or more of you) or a limited company (however many of you there are).
Sole trader and partnership are the easiest structures to set up, as you don’t actually need to do anything! However, it would be highly advisable to write a partnership agreement in the latter case, which would set out how much money each person is putting in, what happens if anyone wants to take money out, what happens if there’s a disagreement and what happens if someone leaves or dies. If you adopt this structure look through books and the web for sample agreements, adapt them and then get a lawyer to look over them. ...
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