Article Category: Corporate & Commercial – Insight & Opinion

When owners reach a decision to sell their business often the first assumption is to market their business for sale to a third party buyer. But more often there is an alternative option lying nearer to home. A Management Buyout (or MBO) is a common way to sell the ownership of a business to an… Read more »

The recent budget contained a number of important changes, but one that slipped through largely unnoticed at the time of the announcement in Parliament related to changes to the availability of entrepreneurs’ relief. Background to entrepreneurs’ relief: Entrepreneurs’ relief is a tax relief that is widely used on the sale of certain qualifying business assets… Read more »

The ability of a private limited company to purchase its own shares is a tried and tested method of providing an exit route for shareholders who are looking to cash in their investment, or who may be compelled to sell their shares following the termination of their employment, or as a result of death or… Read more »

Running a business involves planning for the future and setting goals. Unfortunately illness or loss of mental capacity is not something we can predict. A Commercial Lasting Power of Attorney (LPA) can help to ensure your business continues to run smoothly should you lose mental capacity or be unable to run your business due to… Read more »

    The data protection developments together with a general increase in awareness of fundamental rights, particularly the right to privacy, have led to legislative changes in the form of the GDPR and the emergence of a new regime of privacy protection. Businesses are increasingly aggregating employee or customer information and collecting and processing data…. Read more »

Business owners are often unaware of the obligations they need to comply with when it comes to organising and holding board meetings. The Companies Act 2006 sets out the requirements. How can you make sure that your business is compliant and avoid potential disputes? Our guide, below, can help ensure that best practices are followed… Read more »

In light of recent highly publicised legal battles, many people’s heads were already swimming with the legalities and complexities of songwriting disputes as reported by the mass media. Pharrell Williams and Robin Thicke lost their case against the estate of Marvin Gaye over the writing of “Blurred Lines”, Ed Sheeran settled a dispute over the… Read more »

Every business needs a formal structure to deal with management and control. Managing a family business is no different; working with your family can present some unique challenges and also some great opportunities. When you start your business, you may well have an informal management style, rather than a formal management structure. Some business strategists… Read more »

Important changes have come into effect that will alter the filings which all companies are required to make at Companies House. Currently any changes to Persons with Significant Control (PSC) are notified via the annual confirmation statement. This means that there can sometimes be a time lag of up to 12 months between the date… Read more »

When it comes to selling a business most business owners think that it is simply a case of marketing the business for sale and finding a potential buyer. However, there are a number of steps you can take in order to prepare your business and, as a result, achieve the best deal. Where to start… Read more »