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Ethics, Legal Matters and other businesses matters (Company Names (Isn'…
Ethics, Legal Matters and other businesses matters
ethics, legal issues new firms face
Establishing a strong ethical culture
Establishing code of conduct
Lead by Example
Implementing an ethics training program
Benefits
Better access to capital
Avoiding fines
Improved brand reputation
Improved employee commitment
Improved customer loyalty
Decreased vulnerability
Funders agreement
Avoiding legal disputes
Choosing a solicitor/Accountant
Select one Early
IP
Choosing businesses ownership
Sole Trader
Partnership
Limited Company
Advantages
Ownership and control kept separate
separate legal existence
We loose what we put in
Disadvantages
Legal advice needed
Can expand to Public limited company
Company Names
Isn't offensive
Cant be same or similar as one in registry
Ends with limited
Sensitive or expressions words
Tax Issue
12.5%
Done at end of the year