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Joint ventures - choosing the right structure and whether to incorporate

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As a business owner preparing for a joint venture, you and your potential partner will need to decide how best to structure the business arrangement so that it provides the best platform for your mutual objectives. ‘Several factors will influence your...

Buying shares in a business - what to look out for

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Investment in another business may be part of your business growth strategy, especially if you operate in the same market or supply chain. Acquiring a slice of the pie through the purchase of shares is one way to secure such an investment and may seem...

Negotiating a commercial finance agreement

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If you need a cash injection for your business to help with growth costs, or to fund the purchase of plant and equipment, diversification, or expansion, then you will need to think carefully about the finance options open to you and their potential pros and...

New director-member joining your company? Time to review your shareholder agreement

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If you are planning to appoint a new director to work in your business who will also acquire shares in your company then, as well as drawing up a service level agreement to govern their employment, you will also need to consider whether you need to make any...

Selling a business? Make sure you clear out any skeletons first

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Preparation is the key to success with most things in life and is particularly important when you are trying to attract a buyer for your business. This is because any potential acquirer will almost certainly want to carry out pre-purchase checks to...

Acquiring a property title by adverse possession

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If you have occupied land for your business for 10 years, you may be able to apply to be registered as the new legal owner.

Seven reasons to update your shareholder agreement

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The shareholder agreement is often one of those documents that startups sometimes forgo or even ‘bootstrap’ by cutting and pasting from other documents without taking independent legal advice. Even if you put one in place when setting up your...

Your commercial property portfolio - time to restructure?

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A commercial property portfolio is just like any other investment - to get the best out of it, you need to manage it well, and sometimes it will benefit from being restructured. The unforeseen impact of Covid-19 on the whole of the UK economy has underlined...

Keeping coronavirus redundancies fair and the alternatives

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The Government’s coronavirus job retention scheme (CJRS) has helped many employers keep their staff. But, the winding down of the CJRS and the grim economic forecast mean that employers may need a more flexible workforce and for many sectors,...

Asking job applicants and employees about their health: how to stay on the right side of the law

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When recruiting and managing employees, employers want to know that their employees are up to the job. While asking questions about an individual’s health at the wrong time may result in a disability discrimination claim, ignoring the signs of a...

Managing risk with a commercial agent

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Appointing a commercial agent is one way of entering a market for your business, and it can be a good way to test the water in a foreign country without the commitment of employing somebody. In broad terms, an agency relationship is one which...