Essay Law:
Is company law useful for small businesses and is it user friendly?
Please discuss that historically, corporate form has been designed for large organisations and has not been particularly useful for small businesses. Please discuss how user-friendly the registered company is in general. You should explain how the advantages of a formal legal organisation for a large company are significant disadvantages to small companies. Discuss why small businesses use the company and the reform process leading to the 2006
Companies Act that has been designed to remedy this problem for small companies.
Reach a definite conclusion: have the reforms succeeded in creating company law that is user-friendly for small companies?