Corporate & Commercial
 

Business Set Up / Start Up 

When starting a business it is vital that you have the right business /legal structure in place to suit your business. It is also essential to have the right business contracts and legal documents in place to protect yourself and the business. 

The commercial lawyers at ACUMEN BUSINESS LAW can help you make the right decision on which type of business structure is best for you and your business. To discuss starting a business, business set up/legal structure or any other legal matter with one of our commercial solicitors Book a Free Legal MOT.

Partnership

If you operate as a partnership we recommend you have a Partnership Agreement in place to ensure your partnership is not governed solely by the old Partnership Act of 1890(!) 

Limited company 

If you set up a limited company, you will need to have in place Memorandum & Articles of Association and, if there is more than one of you, we recommend that you have a Shareholders' Agreement in place to implement some of your decisions, you will need to pass some Company Resolutions and draft the relevant Minutes. 

Limited liability partnerships 

A Limited Liability Partnership (LLP) shares many of the features of a normal partnership - but it also offers reduced personal responsibility for business debts. Unlike members of ordinary partnerships, the LLP itself is responsible for any debts that it runs up, not the individual partners. 

Get it right at the outset! 

It cannot be emphasised enough how important it is that you have these legal documents in place at the outset- when everyone is keen and enthusiastic about the new venture. It is extremely difficult to reach an agreement at a later stage, particularly if there are any disagreements.

 
What our clients say
"...we have used Acumen Business Law several times, not once have they failed to deliver the right result. Highly recommended."
Kevin Byrne | Checkatrade
"Its refreshing to have a new law firm on the scene which is challenging the more formal companies. I found Acumen very friendly, professional and thorough in my first dealings with them."
Nigel Pamplin | Prime Education
"...Acumen has proven to be an essential and trusted partner for the last 4 years. Through their advice, assistance and top quality work has consistently delivered excellent ROI..."
Robin Scott | Makemedia
"Tegen Ltd has used Penina’s services for a number of our businesses legal requirements. We thoroughly recommend the services and advice that she and her team provide."
Richard Smith | Tegen Ltd
"I have had need of Josh's and Acumen's services over the past couple of years, but fortunately I couldn't be in better hands. I couldn't give a stronger recommendation."
Jonathan Glendenning | Summer Rain Films Ltd
"I have used ACUMEN BUSINESS LAW on many occasions since switching to them. They’re a real breath of fresh air and they get the job done. I just wish I had come across them beforehand."
Joakim Roth | Light Foot LED
"We have used ACUMEN BUSINESS LAW and have been absolutely delighted with the level of understanding of our business that they have..."
Jon Clayson | Hunters Letting Limited
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