Starting a company

Businessmen Shaking Hands

Great post on ReadWriteWeb entitled Startup, Inc – What You Need to Know Before Starting a Company. It talks about all the different vehicles you can use to set up a business entity from being a sole trader all the way to setting up a corporation. It then talks about the difference between shareholders, directors and management which is always an interesting point for the uninitiated.

The article then talks about the documentation that is required for a company and also legal and financial concerns. The interesting part then talks venture capital and how companies go through different rounds of financing.

I found the article pretty interesting, especially as a comparison between UK companies and US companies. Obviously, legislation and taxation would be different in the two jurisdictions, so it’s always worth getting expert advice before embarking down this road.

Shaking hands

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