Just in case the company is just yourself, a sole proprietorship may be enough. A company (also called an enterprise, a small business or a firm) is definitely an organizational entity associated with the provision of products and services to consumers. The business also needs to be audited and make certain information readily available to Companies House. If your guarantee company does not own a share capital, members aren't required to get shares (for example, charities). You ought to be aware that the business is certainly not created until it's formally registered with the Division of Corporations. In the event the company for some reason doesn't pay that bill or live around an agreement then you may be held responsible. You will find likewise some business consulting firms where help may be found.