This Guide is designed for use by business people and professional advisers when starting a business. The purpose of the Guide is to explain some of the key issues, specific risks and the potential for getting things wrong and some opportunities where professional advisers can assist in securing better decisions.

You should not use this Guide as a do-it-yourself tool, because the risks in doing so are extremely high. Every business is different and requires the input of professional advisers – typically your lawyer, accountant and financial advisor.


Liability limited by a scheme approved under professional standards legislation.