Business Library

Welcome to the Shell LiveWIRE Business Library! Are you just starting up? Thinking of scaling? Choose a Business Stage from the menu below to find information appropriate to your current situation. Alternatively, you can use the search tool to look for specific topics.

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Displaying filtered results by: 'Legal Structure' (Remove Filter)

Legal Information

To put your business on a proper footing with HM Revenue & Customs (HMRC) and other authorities, you need to make sure that it has the right legal structure.

Limited Liability Company

A limited company is a legal body in its own right, unlike a sole trader.

Sole Trader

If you are a sole trader then you are the sole owner of the business.

Partnership

Partnership

The Partnership Act 1890 defines a partnership as ‘the relationship which subsists between persons carrying on a business in common with a view of profit’.

Social Enterprise

A social enterprise is a business with primarily social objectives, whose surpluses are reinvested in the business or in the community, rather than being driven by the need to maximise profit for shareholders or owners.