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.

Choose Business Stage

Search Business Library



Show All Tags

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.



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

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.