Regardless of the nature of your business, industry or
sector, when it comes to establishing a startup, you will come across legal
issues.
The common issues that startups are likely to have to
consider and address from the outset may include:
• Deciding what form the startup will take: will you be a
sole trader, for example, or will you choose to establish a limited company
which forces you to abide by certain rules but will offer you a greater degree
of protection?
• Deciding the right name for your business and ensuring
that no other businesses offering a similar service have registered with your
name
• Registering your company's name art Companies House if you
choose the limited company option
• Deciding on the branding of your business and product and
ensuring that you are not infringing any other business's intellectual property
rights
• Entering into leases when you are ready to move into new
premises
• Drawing up or entering into contracts relating to the sale
or purchase or distribution of goods
• Drawing up contracts of employment when you are ready to
recruit your first members of staff
• Entering into contracts with business providers such as
recruiters and accountants
• Seeking advice on the relevant laws that affect your
industry or sector
There is a wealth of business law information on the
internet specifically designed for startups and depending on your knowledge,
experience and contacts, you may not need to instruct a solicitor when it comes
to tackling the issues listed above. For example, there are trademark services
available online that will register your trademark for you.
