At Kenneth F Forsyth, we can advise you on the financial benefits of incorporation, service your accounts and even sort out your company formation.

Other considerations: Personal Risk
There are a number of benefits of trading as a limited company, not least the limited liability bestowed upon the company's officers and shareholders. As a sole trader or partnership, personal assets can be at risk if your business fails. For instance, if a limited company becomes insolvent and is wound up only the assets of the Company are used to clear its debts (subject to personal guarantees). The Officers of the Company have no personal liabilities, whereas if you trade as a partnership or as an individual, creditors can claim on all your property to satisfy the debts, and if this is insufficient you may be declared bankrupt.