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How to set up a limited Company? Finance Articles | September 17 Authentic Trevor Hoffman Jersey , 2010
If you have decided to go into business, you may decide that you need to set up a company. While setting up a company isn't always necessary for every business venture, in certain cases it may be the best option.

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In England and Wales Authentic Randy Jones Jersey , the most common type of company is a private company limited by shares, although other options are available. Those options for setting up a company include a private company limited by guarantee, a private unlimited company and a public limited company. Setting up a company only requires one or two individuals to be involved Authentic Rickey Henderson Jersey , depending on the type of company.


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Companies House, which registers all companies in England and Wales requires only a few forms to begin, such as a memorandum of association Authentic Ozzie Smith Jersey , an articles of association and a few other documents. Please keep in mind that setting up a company brings on additional responsibilities that running a business alone don't necessarily require. So you should be certain that setting up a company is the best option for proceeding in business.


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With references to your business, is a company the best route? There are other options for your business, besides a company. These options include limited company Authentic Eric Hosmer Jersey , sole trader, partnership, LLP and self employed status. So just because you have decided to go into business doesn't mean that you necessarily need a business company. Making your business a company can help protect from litigation but so can a LLP. In order to determine that your business should be a company Authentic Manny Machado Jersey , you should speak to a qualified accountant or solicitor. Their business is companies and they will know the proper choice for you, whether it be setting up a business company or some other option.


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Once you have decided that setting up a company is indeed the best route, you may opt to hire company services that will enable the easy formation of companies Authentic Wil Myers Jersey , rather than doing it yourself. These company services will save you time, and possibly money. The company services will eliminate the need to do research on company formation as they have reduced the entire process to a formula. Because these company services can offer off-the-shelf company formation, there is little need for forethought or spending time and effort reading through and filling out various sorts of paperwork. Obviously Authentic Rollie Fingers Jersey , company services do cost some money but hiring them will probably save a lot of time and headaches so the trade off of utilising a company service is probably worth the cost. Be certain to find a qualified set of company services as some of them are sub-par while others overcharge.

Why are real estate investors having so much success offering "rent to own" homes?

Lease-options offer home ownership opportunities to folks with little cash and not so hot credit.

Oh boy, there are plenty of those around.

Both parties in a lease-option deal are counting on the buyer being able to qualify for a home loan before the option expires.

The investor wants to collect his profit when the optionee buys. The optionee wants to own the home.

During the lease period the renteroptionee must be working to improve their credit score to the point where they can qualify for a loan and buy the home.

Even though there is plenty of subprime loan money floating around at the present time... the lease-option method of acquiring a home seems to appeal to many.

In our own investing program.... Before we accept someone for a lease-option deal we have them interviewed by our friendly loan broker. He gives us thumbs up or thumbs down on whether our prospective buyers has a chance to qualify for a mortgage loan loan during the next 12 to 24 months.

It would be unetical and dishonest to enter into a lease option deal with a couple whose credit could never be cured even with a miracle drug.

We are not aware that it has happened, but we fully expect to see a lawsuit filed against some careless investor who does a lease option deal with someone whose credit is beyond redemption.

That renteroptionee has been lead to believe he can buy the home and when he finds out he can't we are sure some hungry lawyer will rush to their rescue.

We can visit that investor in jail and bring him a copy of a "no money down" book with a file hidden inside.

About The Author - Mark Walters is a real estate investor and author. His published works can be found at his web site...


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