Cryptic crossword clue
Set up company with new person 9

The most common and most likely answer to this crossword clue is the 9 letter word CONFIGURE

I've seen this crossword clue in The Daily Telegraph
C
O
N
F
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E

Buddy explains!

The straight part
We know that "Set up" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case set up = configure.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does CONFIGURE mean?

CONFIGURE verb
  1. To set up or arrange something in such a way that it is ready for operation for a particular purpose, or to someone's particular liking

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