Various legal issues often arise when you start a business. For example:
- You need to check whether your business requires any licence (for example, to run a nursing home) and if so obtain one.
- You may be involved in negotiating the lease on business premises.
- You will probably need to carry out a health and safety assessment.
- If you will have employees, several issues arise, including registering with your PAYE office and ensuring that you have employers' liability insurance.
- You may want to draw up standard terms and conditions of trade.
- If you expect your turnover to exceed the registration threshold, or if you wish to, you will need to register for VAT with HM Revenue and Customs.
Talking through your plans with an experienced advisor will help you identify the major areas to address.
