One of the earliest and most important decisions facing people wanting to own or run a business is the legal structure they should adopt. Mostly, people will consider three possible options: working as a sole trader, partnership or proprietary limited company. It may seem simpler to operate just as a sole trader, or self-employed person.
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Some small and medium size companies will be able to capitalise on opportunities during uncertain economic times, gain market share from competitors, and otherwise grow and expand. Other companies will have to quickly determine plans for survival. Whatever the course of action or opportunity, now is the time for serious review and decision-making. In performing
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