Legal requirements and governance
What do you want to learn about?
- I want to understand what the legal requirements are for starting a business
- I need to learn about what organisational governance is – like having a board and certain policies in place – means for my business
- I want to learn about the basics of employment law for starting to employ people
The legal requirements of starting a business can seem intimidating but, from ensuring you register your business for taxation purposes through to employment law and consumer protection, these are things you cannot afford to ignore. As well as damage to the business reputation there are potential fines if you fail to comply with legislation, even if unintentionally.
Obviously a great deal of the regulations involved will depend on the nature of your business, and some sectors are more regulated than others. Our guidance below will help you understand the different areas of law that may impact on your business.
All you need to know
Legal requirements for starting a business
Check what you need to have in place both before starting a business, and during your first year.
Setting up your organisation’s governance
What internal structures and policies do you need to make sure exist for your business?
What you need to know about employment law
If you’re going to be employing people, you need to make sure you have the correct policies and processes in place.
Free agricultural webinar 3: Preparing for change - Farm business basics
This free webinar with Agricultural Business Training (ABT) will help you gain a deeper understanding of farm business accounts and terminology, and how to generate detailed management accounts, as well as tools for future planning and changes to agricultural policy.
