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There are a number of steps that need to be worked through when you are buying or selling a business. These include: valuing the business tax advice sales... read more
Steps to follow Where do you want to trade? Is it within the EU or outside? You will need to do thorough research to ensure you are complying with all relevant laws and... read more
Steps to follow Are you owed money and beginning to get fed up of excuse after excuse? Or, do you have debts that you can’t pay? Either way, take action and sort the problem... read more
Lawyers don’t come cheap, and sometimes the people who need them most can’t afford to pay. If you are unable to pay a lawyer, then there are several options available to... read more
There are numerous types of insurance cover available for businesses. Some must be taken out by law, others aren’t mandatory but are highly advisable for all businesses, while still... read more
Legal problems arise in business all the time and the temptation might be to run to a lawyer every time to get them to sort the problem out for you. There is no doubt that in some... read more
Steps to follow Whether you are buying or selling a business, the first step is to put a value on it. This is a negotiable matter. Valuing a business is a complex process, so consider... read more
Copyright and trademarks fall into the field of intellectual property. Copyright protects written, theatrical, musical and artistic works. It exists automatically, but in order to... read more
Law firms are busy places. They come in various shapes and sizes, from sprawling multinational operations to just one solicitor working as a sole practitioner from a high street... read more
Sales and distribution overseas If you want to sell your wares overseas, you need to decide how you’re going to distribute them. You might opt to sell them directly, e.g.,... read more
Scientific inventions, commercial designs, songs, sculptures, novels and dramatic performances all share one thing in common—they are protected by Intellectual Property... read more
Steps to follow A contract is an agreement between two or more persons, which gives rise to obligations that are enforceable by law. Has an offer been made? In legal parlance, an... read more
Late payment of invoices can make or break a company – especially a small one. Many businesses are often not keen to chase debtors too hard for fear of damaging their relationship... read more
Businesses often have to borrow money, and how to do this is a question it pays to research. Borrowing may be necessary while the business is starting up, if a big order comes in, or if... read more
Renting a commercial property for your business requires less financial outlay than buying, freeing up your capital to plough into your business and, unless you plan to sell the remaining... read more
Steps to follow There are many reasons for restructuring a company—realising value from assets, downsizing the workforce, streamlining and simplifying, taking it in another... read more
Steps to follow Do you want to run a business, but feel uncomfortable about the risks involved? Franchising may be the answer. It allows you to learn the ropes but minimise the risk and... read more
Buying Businesses tend to rent premises rather than buy them as finding vacant commercial premises for sale is often hard. Buying also tends to tie up what could be crucial capital and... read more
Finding suitable business premises is a major decision. A business will have to decide on location, and on whether to buy or rent their property. There are many factors to consider, and... read more
Steps to follow Start small, think big. Keep your expenses as low as possible, but leave yourself scope to expand. On the other hand, don’t choke off possible growth by scrimping on... read more
Joining commercial ventures with other businesses may be an attractive proposition, especially, for example, if you or the other party want to sell your products in unfamiliar... read more
Steps to follow Do you want to change business premises? Whether buying, selling or renting premises, it is a good idea to use a specialist commercial property solicitor who will be able... read more
A lease or tenancy is an "estate in land" and is a legal agreement between you and the landlord allowing you to use the premises, subject to pre-agreed conditions. It can be... read more
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