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Joint ventures - choosing the right structure and whether to incorporate

Selwan Yousif
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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

Selwan Yousif
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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

Selwan Yousif
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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

Selwan Yousif
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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...

Business checklist for admitting a new partner

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If you have decided that the time has come to admit a new member to your partnership, then there are a number of important steps that you will need to take in preparation.  To help you plan, partnership law expert Selwan Yousif  who is a...

Commercial Eviction Ban Extended to March 2022

Jasvinder Gill
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The ban on commercial evictions introduced to prevent mass repossessions and insolvencies due to Covid-19 has been extended by nine months to March 2022. Under the ban, commercial landlords face restrictions in relation to a wide range of enforcement...

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

Selwan Yousif
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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...

Closing your office for good: can you end your commercial lease?

Karen du Rocher
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Since the arrival of Covid-19 so many businesses have been forced to temporarily close their offices and relocate their workers to their homes. At first, many suffered teething problems, but it has since become clear that productivity can be just as high...

New rules for IR35 and off-payroll working from 6 April

Jasvinder Gill
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After postponements in 2019 and 2020, the 6 April 2021 is the third date scheduled for the off-payroll working rules to be extended to the private sector. The purpose of the change is to increase compliance with tax rules known as IR35. This change has...

Can I change the use of my business premises?

Graham Beach
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If the pandemic has left you with empty commercial property , now could be a good time to look for alternative uses.  To help businesses make the best use of commercial real estate, the Government has made the planning rules more flexible so that it is...

Landlords' options for enforcing commercial tenants' obligations

Kenneth Amakye
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As the economic impact of the pandemic grows, many commercial landlords are struggling to collect rent and enforce their business tenants’ other lease obligations.  While the Government has acted to protect business occupiers by restricting...

Acquisition opportunities among distressed businesses

Kenneth Amakye
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As many of the government measures to support businesses through Covid-19 come to an end, businesses which have limped along may need to take more drastic action and consider renegotiation with creditors, restructuring, disposal, or even winding up or...

Seven reasons to update your shareholder agreement

Selwan Yousif
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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?

Selwan Yousif
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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...

Guidance for employers regarding the coronavirus from ACAS

Jasvinder Gill
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With more cases of coronavirus (COVID-19), being reported in the UK each day, employers will be wondering how to handle the issue especially as they may need to react fast if a situation develops in the workplace or if there are concerns about the health of...

Changing from employee to consultant: pitfalls to avoid

Jasvinder Gill
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Changing an individual’s working arrangements from employee to consultant may seem attractive; no employer National Insurance contributions to pay and greater flexibility for the individual. A win-win situation surely? Jasvinder Gill , employment...

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

Selwan Yousif
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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

Selwan Yousif
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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...