The business structures we work with are Small and Micro-Entity Businesses.
Your company will be ‘Small’ if it has any 2 of the following:
Turnover of £10.2 million or less
£5.1 million or less on its balance sheet
50 employees or less
Your company will be a “Micro-entity” if it has any 2 of the following:
Turnover of £632,000 or less
£316,000 or less on its balance sheet
10 employees or less
The business could be set up as:
·Owner-Managed Business
·Sole Trader
·Partnership
·Limited Company
·Charity and Third Sector