A company limited by shares is the type of company commonly used for forming a small business. This company will have limited liability - if the company fails there is no claim on the assets of the shareholders (beyond their original investment).

Shares are issued and directors are appointed by the shareholders (often the same people in a small business). The purpose of this type of company is to trade and make profits. These profits can be retained in the business to fund future growth or distributed to shareholders as dividends. The process to form a limited company is reasonably straightforward.

You need to choose an acceptable name, complete the appropriate documents and send to Companies House with a (£20) fee. The Articles of Association and Memorandum of Association documents comply with the statutory changes effective 1 Oct 2009.

• Sample articles of association (fully editable)
• Sample memorandum of association (fully editable)
• Form IN01 (input your info)
• Registration letter to Companies House
• Business Plan + Cash-Flow (to aid strategy & budget forecasts)
• NB the pack is set for three directors but can be edited to suit your needs.
• AFTER PURCHASE THIS ITEM IS INSTANTLY SENT TO YOUR EMAIL ADDRESS

Interest is charged on the loan with the interest being calculated at a monthly rate of one twelfth of a nominated annual rate above the published annual base rate from time to time of the Bank of England.

Repayment of the loan and interest is on a monthly basis. The agreement contains provisions allowing for the increase or decrease in monthly payments in accordance with the increase or decrease in the published annual base rate. The agreement allows the borrower to repay the loan and interest within a specified time but the borrower may repay the loan and interest at any time by giving notice in writing to the lender or by paying a specified number of months interest in lieu of notice.

This loan agreement has fourteen clauses, which outlines the terms of the business loan to the limited company, and they include:

• The amount of the business loan and the initial drawdown
• The amount of interest
• Repayment and prepayment of the business loan
• The borrower's obligations in the scenario that the borrower defaults on the business loan
• AFTER PURCHASE THIS ITEM IS INSTANTLY SENT TO YOUR EMAIL ADDRESS

This Partnership Agreement can be used for 2 to 4 partners who wish to go into business together. Partnership agreements outline a formal agreement between the partners setting out their rights and obligations during the existence of the partnership and also upon its dissolution.

The partnership agreement form states that the partners all share in the profits equally.

It contains:

• Agreement duration (length of contract)
• Capital (money introduced by partners)
• Share of profits and losses (splitting profits and losses)
• Banking arrangements
• Appointment of accountants
• Working practice
• Notice of termination
• NB the agreement is set for two but can be edited to suit your needs
• AFTER PURCHASE THIS ITEM IS INSTANTLY SENT TO YOUR EMAIL ADDRESS

This is an employment contract suitable for permanent, fixed-term or temporary employees, which meets the requirements of UK Employment legislation. By law, an employer is required to give all employees who have been in employment for at least one month, written details of the employee's main particulars of employment.

New regulations came into force on 1 October 2002 which prevent fixed term employees being treated less favourably than similar permanent employees. This means that employers must give the same terms and conditions of employment, such as holiday entitlement and pensions, to fixed term employees as to permanent employees, unless any difference in treatment can be objectively justified.

Some terms and conditions of employment are subject to statutory requirements, e.g. rates of pay, working hours and holidays and notice of termination of employment. We provide additional help notes in these areas. All details of the employee's particulars of employment must be given to the employee not later than two months after he/she starts work or if, at an earlier stage he/she is required to work outside the UK for more than one month, not later than his/ her departure.

This Employment Contract is suitable for use in England, Wales and Scotland.

• Employers who employ staff for more than one month, are required to provide a written formal statement which sets out the main terms and conditions of their employment.
• The terms and conditions are included within this Employee Contract.
• An Employment Contract must be issued within 8 weeks of the employee's start date.