Business Plan Template With Comments Page 11
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20Legal Requirements
What legal status will your business take? (sole trader/ partnership/ limited
company)
What is the registered name of the business?
Have you got the correct planning permission to operate the business in a
current or new premises?
Do you need any special qualifications or licences before starting up the
business?
What types of legal status suits you? Sole Trader / Partnership / Limited Company
Do you need Planning permission?
Do you need a licence?
Insurance
Are you insured against the normal risks? (fire/ burglary/ public liability/
employers liability)
Detail your monthly insurance costs?
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