5 Legal Essentials Every New Business Owner Should Know

Starting a business is exciting — but skipping over the legal bits can lead to costly

problems later. Here are five essentials every new business owner should take seriously:

1. Choose the Right Structure

Sole trader, partnership, limited company, CIC — each has different legal and tax

implications. Make sure you choose the one that fits your goals, responsibilities, and risk

appetite.

2. Register Properly

Whether you're registering with Companies House, HMRC, or a regulator, getting the

right registrations in place is key to trading legally.

3. Put Contracts in Place Early

Verbal agreements often lead to misunderstandings. Use written contracts for suppliers,

customers, employees — even co-founders. It’s easier to set expectations up front than

fix problems later.

4. Protect Your Name and Brand

Check that your business name isn’t already in use. Consider registering a trademark to

protect your logo, product names, or taglines.

5. Understand Your Legal Duties

From data protection to employment law, there are legal responsibilities you must follow

from day one. Don’t assume you’re too small to need to comply.

Not sure where to start? We can help you tick these off and get off on the right foot.