UK Business Law: Types, Establishment, Funding, and Legal Solutions

This report provides an overview of business law in the UK, focusing on the different types of businesses such as private, public, and partnerships. It outlines the process of establishing a business, including registration requirements at Companies House, whether online or via post. The report further describes various funding sources available to each type of organization, from family and friends to bank loans, angel investors, and crowdfunding. It also highlights different legal solutions, including mediation, arbitration, and counselling, for resolving disputes. The report concludes by emphasizing the importance of business law in defining organizational rights and duties.

UNIT 7 BUSINESS LAW

TABLE OF CONTENTS
 INTRODUCTION
 PROCESS OF ESTABLISHING BUSINESSCONCLUSION
 DESCRIBING THE FUNDING THE BUSINESS
 TYPES OF LEGAL SOLUTION
 CONCLUSION
 REFERENCE

INTRODUCTION
 Business law can be define as set of rules and regulation that
are to be followed by the organization in order to reduce the
government intervention.
 The presentation will discuss on the types of business in the
UK such as private, public and partnership

PROCESS OF
ESTABLISHING BUSINESS
 . Moreover, every organization has to file an
application at the company’s house in order to register
as the company.
 It can be done through Online format, web
incorporation services and paper filling by the post.
 The information that are required to register as a
limited company is the name of firm, type,
business activity, registered office address

DESCRIBING THE FUNDING
THE BUSINESS
 PRIVATE ORGANIZATION
 Family and Friend
 Bank loans such as credit union
 PUBLIC COMPANY
 Angle Investor
 Crowd Funding
 PARTNERSHIP
 Bank

TYPES OF LEGAL SOLUTION
 MEDIATION
 ARBITRATION
 COUNSELLING

CONCLUSION
 From the above report it has been summarized that business law helps the organization in
identifying their rights and duties.
 Moreover, the study has summarized about the procedure for establishing the business.
 In addition to this, it has also depicted about the types of business such as private, public
and partnership and their various sources of fund.
 Lastly, it has thrown light on types of legal solution in order to solve the law suits.


REFERENCES
 Chong, S. and Steffek, F., 2019. Enforcement of International Settlement Agreements
Resulting from Mediation under the Singapore Convention: Private International
Law Issues in Perspective. SAcLJ. 31. p.448.
 D’Alvia, D., 2018. Law and the Market: Private Actors and Self-Regulation
‘Towards a New Role Of Public International Law’. European Business Law
Review. 29(6).
 Effendi, G., 2020. Effective Legal Interviewing and Counselling, Riette du
Plessis. Journal of South African Law/Tydskrif vir die Suid-Afrikaanse Reg, 2020(1).
pp.190-191.