Setting up your own business is undoubtedly an exhilarating adventure. But it's important to ensure that it doesn't turn into a nightmare for its founder(s).
Any business activity involves numerous risks. Whether you're a sole trader or planning to form a partnership with others, the question will always be the same: should you run your business as an individual or as a company?
There are two possible ways of starting your own business:
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You decide to run your business alone, as an individual. This is known as asole proprietorship.
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If you prefer to run your business as acompany, either on your own or in partnership with others.
Each of these two options has its own advantages, risks and constraints. The aim of our sections on companies is to draw your attention to these aspects and to provide general information on the different types of company. Above all, our aim is to help you find the right legal framework within which to develop your business to the full.
