Documents related to 'Why form a company'
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03 Feb 2023
Directors' and Officers' insuranceAre you a director of a limited company? If so, long gone are the days when you could safely hide behind your company's shield and avoid liability if anything went wrong. Increasingly, company directors are in the firin... Read more
06 Jan 2009
Directors' liabilityLimited liability should mean that a director cannot be personally liable for the actions of the company. But it's not always so straightforward - use this checklist to see why.... Read more
25 Mar 2009
12 Aug 2009
What is a shareholder?Shareholders often provide valuable investment in a company. But is there more to their role?Separation of powersShareholders and directors are often the same people, especially in smaller companies. Even so, shareholders have a... Read more
27 Jan 2023
How to discipline an employeeFrom time-to-time, you will need to discipline members of staff. There is a right and a wrong way of going about this. Use this checklist to ensure you do things the right way. ... Read more
20 Apr 2012
Board meetingsEffective board meetings are necessary in any successful company. How should you run yours for maximum effect and in line with legal requirements?... Read more
05 Feb 2009
Shareholders' meetingsThanks to the popularity of written resolutions, shareholders' meetings are less common. However, they are still sometimes necessary. Use our summary to check that you follow the rules and ensure your company's decisions are valid.... Read more
18 Jan 2021
Shares and share classesMany companies have very simple share capital, but companies have the freedom to create different types of share. This checklist explains what shares are, the common types and why a company might want to create different class... Read more
27 Jan 2023
What's compulsory and what's optional? You're legally required to have some types of insurance. Failure to comply will be a criminal offence. It could also mean that if a claim is made, the business itself will have to pay out compensation to meet it. ... Read more
05 Sep 2009
