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What is a Limited Liability Partnership?
When going into business together, many entrepreneurs may not realise the legal implications of forming a partnership. Even if the partnership is not formally registered, by virtue of doing business together, the Partnership Act automatically applies.
You Should Not Sell Your Business Without Considering These 5 Steps
The best way to prepare for the sale of your business is to be well informed: this will allow you to take the necessary steps to get the highest possible sale price for your business. With this in mind, our experienced solicitors have compiled an overview of the key points to consider when preparing to sell your business.
4 ways you can legally protect your tech start-up
Many new entrepreneurs are very secretive of their new business idea. Their thinking is that if they were to share a business idea with others, they risk being copied. This is sometimes an unfounded fear and it is worth understanding how your startup can be legally...
Avoid the Dangers of Dismissing an Employee by Following These 7 Steps
In the unfortunate event that you must dismiss an employee for misconduct or poor performance, there are certain steps and measures to be followed in order to avoid the risk of disputes and litigation.
What should you do if someone is using your copyrighted work?
A commonly asked question is what should I do If you ever come across your work being used by another company or person without your permission. It has become increasingly common, due to ease of access on the internet, that original works are copied by others. Read...
How to Avoid the Risk of Employee Claims when Varying the Terms of an Employment Contract
Employment terms often change over time when employees are promoted or receive a salary increase, for example. There are, however, certain changes to employment terms that employees are less willing to accept, such as pay cuts, changes to working hours, or the addition of new duties. It is therefore important that employers understand how to amend an employment contract with minimal risk of conflict.
Insolvency Doesn’t Have to Mean Insolvency: What does corporate insolvency really mean?
The word ‘insolvency’ carries many frightening connotations for business owners. However, being insolvent does not necessarily mean that your company must close up shop for good. Here, we discuss how to determine whether your company is insolvent, along with some of the main insolvency options that might save your company.
The Hidden Pitfalls of Franchising: Make sure you’re not caught out
At first glance, the appeal of franchising is obvious: for those franchising their business, it may seem like a brilliant way of expanding the business, and for those investing in a franchise, it may appear to be a quick and easy route to success, as the business’s brand and reputation is already established.
What is TUPE?
TUPE is an acronym for the Transfer of Undertakings (Protection of Employees) Regulations, which are designed to protect employees if the business they work for changes ownership or if there is any change in service provisions.
6 Things to Remember When Buying a Dental Practice
Due diligence is of paramount importance when buying any business, but when purchasing a dental practice, there are various additional factors that come into play. Examining each of the elements will help you determine the true value of a practice, comply with the statutory requirements of the UK’s General Dental Council, and ascertain which warranties or indemnities will be needed in your sale and purchase agreement.