If you are starting up, or looking to grow your business, you may be considering establishing it as a limited company. I don't agree with the other comments made about this work- read this book as your first step on what might turn out to be a complicated journey. Although as barrister, Patricia Clayton, observes- the process has been made a lot easier and cheaper by the 2006 Companies Act and she examines the law well here for layman and professional alike. Her timely volume will further de-mystify the process of incorporation for you and enhance your familiarity with the legalities.
Logically structured and written with crystal clarity, `Forming a Limited Company' offers a comprehensive and commonsense approach to the subject ideal for those who have no legal training but have business yearnings and need the `where with all'.
The book covers all pertinent issues, including:
* Corporate structure and its advantages
* The procedure for incorporation and registration
* The powers, duties and responsibilities of directors
* The protections offered by limited liability against the possibility of insolvency
* The pros, cons and procedures for buying a ready-made, off-the -shelf company
...and more, including of course, administering the company... the company name...financial matters...and changes after incorporation.
What is particularly useful and instructive, especially when you are conferring with your solicitor, is that the forms and documents referred to in the text are all reproduced in the pages of this useful volume. As the preface states, this is a guide for anyone either starting in business, or running a small business already and looking toward expanding it, including sole traders, partnerships or co-operatives considering incorporation . The law stated is at 1st March 2008.
The author advises that relevant changes to the 2006 Companies Act are noted, but that some provisions will not be in force and some forms will not be available until October 2009. Like any book of this nature written for the non-practitioner, this is a guide only and whatever decisions you intend to make about the future of your business, or company, you are advised to check with Companies House, or take expert advice before forming your private limited company.
So you are clearly keeping the right company when you use this book now celebrating its tenth edition and remaining as popular as ever, so thank you Sunday Times and Kogan Page for your outstanding business development series.
ISBN: 978-0-7494-5304-6