Business Structure, Company Formation & Restructuring

There are many things to consider when starting your own business, but one of the most important issues to discuss is the nature of your proposed company.

Partnerships and Limited Liability Partnerships (LLPs) are the most common type of small business, with many existing firms choosing to convert to LLPs in the wake of the Limited Liability Partnerships Act 2000. Each type of company brings its own advantages and disadvantages, as it puts different demands on the owners in terms of tax liabilities, legal responsibilities and protections of personal assets. Braddon and Snow’s Company Commercial team can advise on which business structure would be most appropriate for your firm, and provide ongoing legal support throughout the process of forming your company. 

Partnership and Shareholder Agreements (click to view?)

One stage in the process of forming a company is the drafting of partnership or shareholder agreements. These agreements are complex and detailed, and it is important that you gain specialist advice to ensure that all parties agree on the fundamental issues. Partnership or shareholder agreements should state the intended structure of the business; clarify who holds what decision making power and lay out the provisions for what would happen to the company in the event of the death of a partner or shareholder. We can also assist in the drafting of a range of other documentation, including Articles of Association and Loan Agreements.

Every company is different, with different aims and objectives, so the team at Braddon and Snow aim to ensure that you are given a personalised service which is focused on the needs of your business. We aim to build long term relationships with our business clients, which last far beyond the formation of our firm. As a part of this commitment, we are able to provide support for businesses which aim to restructure, and can provide detailed and practical advice for firms which to convert to a different structure.

 

What our clients say

  • "No improvement to service needed. Alison was the epitome of professional calm in going over options and maintaining patience, and indeed advised against a path that certainly would have achieved higher fees for her, but the correct call in retrospect. So I feel her advice was professional and unbiased. She was attentive in keeping me appraised of news, and maintained a polite and stress free approach which kept me calm and optimistic a final result in my favour would occur. Would recommend her, and the firm, to others." Anon
  • “Dealt with Alison primarily for Power of Attorney, very helpful and polite.” Anon
  • “I cannot think of any way that we could have had better service!!!” Anon
  • “I wanted to let you know what a fantastic job your colleague Serhat has done over the last couple of months supporting the eviction of a tenant from my property. ” Anon
  • "Our solicitor has been extremely conscientious at all times, always available to advise and above all has always been very supportive and empathetic to my case. He really did make a stressful situation a lot easier for myself and my family" Mrs T
  • "We used this wonderful firm for a recent home sale and purchase, their service was outstanding. Everything was carried out with the utmost care and attention and all the staff including a senior Partner were so friendly and helpful. Absolutely top notch." Anon
  • "Over the past 8 years Teresa Braddon and her team have created my Will and have done numerous conveyancing transactions for myself and my family.  I have found Teresa and her Team most helpful and efficient. Everything was carried out with care and attention. All the staff including Teresa, a senior Partner, were friendly and helpful. I would recommend Braddon and Snow and their services." Tony Stavrou
  • "I would highly recommend Braddon & Snow to anybody, very professional and efficient service. They treat you like a person rather than just a number. I am mentally disabled and sometimes I do not get respect or understanding shown to me. Braddon & Snow couldn’t of been more kind and they always took the time to explain all the legal terminology to me so I understood. I would especially like to thank Emily Morten and Jane Blackett as they really went above and beyond what they had to. Value for money and excellent staff. Use this company."  Mr M Brooke
  • "Thank you all so very much for all your help and kindest attention over the years.   In every conceivable way you go out of your way, above and beyond any expectations. You are incredible, and all your team are unbelievably pleasant. I hope these few lines go a little way to thank you so very much."  Mr M Ledger
  • "May I say that Laya has been fantastic.  She has been an absolute delight to speak with, always giving clear and positive instructions and pacifying when necessary.  Please be assured we will definitely recommend your company and hopefully be in a position to use your services again and again." L Page
  • "We found dealing with Braddon & Snow very pleasant and relaxed.  We had a few problems dealing with the seller's leaseholder solicitors which needed a lot of patience and Teresa and Laya were very helpful at all times and very easy to communicate with." R & J Keith