Make sure you're up to speed with the essential legalities of setting up and running a business.
When you set up in business, one of the first things you must do is choose a name. A well-chosen name can play a powerful part in building your business and contributing to its profile and success.
This guide looks at:
The law has a lot to say about running a business, so being aware of the legal basics is essential.
There are laws governing how you set your business up, your company name, customers' and employees' rights and, of course, health and safety. It's also important to consider subjects such as your trading terms and conditions, contracts and insurance.
We've produced two guides to give you an overview of the legal basics you may need to think about.
Download our Setting up your business guide
Download our guide Running your business
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Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority under numbers 119278 and 191240 respectively.
Licensed under the Consumer Credit Act 1974 under registration numbers 0004685 and 0198797 respectively. We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Both companies are covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes' eligibility criteria not all Lloyds TSB Commercial Banking customers will be covered by these schemes.)
Factoring, Invoice Discounting, Hire Purchase and Leasing facilities are provided by Lloyds TSB Commercial Finance. When using these products and services your agreement will be with the Lloyds Banking Group whose terms and conditions will apply. Lloyds TSB Commercial Finance is a trading name of Lloyds TSB Commercial Finance Limited.
The Lloyds Banking Group includes Lloyds TSB Bank plc and a number of other companies using brands including Lloyds TSB, Halifax and Bank of Scotland, and their associated companies.
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