Business ownership and management

While poor governance can bring serious legal consequences, the law can also protect business owners and managers and help to prevent conflict.

The board of directors - overview

The board of directors are responsible for managing a company. As well as looking after corporate governance, they help take the business forward.

Shares and shareholders - overview

Your company articles of association usually set out shareholders' rights. You can use a separate shareholders agreement to cover other key issues.

Family businesses - overview

Building a family business and passing it on to your children can be enormously rewarding, but may present ownership and management challenges.

Female company administrator in a grey suit writing on a notepad

Company administration FAQs

As well as general company admin, directors are ultimately responsible for ensuring the company complies with the law, including the Companies Acts.

Female business executive explains something to another seated female business executive

New director induction

New directors are likely to require some key information and training when they are first appointed, including on their role and responsibilities.