This report provides a comprehensive overview of business structures in the United Kingdom. It begins with an introduction to business law and the Companies Act of 2006, which governs business activities in the UK. The report then explores the UK's business environment and the various types of business organizations operating within it. Key sections delve into the specifics of different legal business structures, including sole proprietorships, partnerships, limited liability partnerships, and limited companies. Each structure is analyzed in terms of its characteristics, advantages, and disadvantages, providing a clear comparison to help in understanding the best structure for a business. The report concludes with a recommendation, suggesting that a limited liability partnership is the best option for a growing business. Overall, the report serves as a valuable resource for understanding the complexities of business structures in the UK.
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