Small business law in the UK is the legal framework that controls the establishment, operation, and management of small enterprises.
Essential small business legislation includes the Companies Act 2006, which outlines the legal responsibilities and requirements for company formation and operation. Other laws, such as the Employment Rights Act 1996 and National Minimum wage Act 1998 are also crucial for small businesses with employees to understand. Furthermore, consumer protection laws, like the Consumer Rights Act 2015 also impact small businesses that provide goods or services to the public.
A solicitor specialising in small business law is an invaluable resource for entrepreneurs. They can help with business formation, ensuring compliance with company law and regulations. Small business solicitors and lawyers can also help draft and review contracts, employment agreements, and other legal documents essential for business operations. In case of disputes, whether with employees, customers, or business partners, solicitors mediate and provide legal representation. They also offer advice on compliance with health and safety regulations, intellectual property matters, and data protection laws.