One unfortunate truth of being in business is that you might at some point get sued or get into some legal trouble. While not every lawsuit will be legitimate, it’s important to know what to do when you do get sued so you are prepared.[continue reading…]
Readers’ question: I’m looking into starting a small business and I’m still not sure what the main differences between a sole trader and limited company are with regards to tax implications. What is the more tax beneficial method of running a business?