It’s very easy for shareholders/owners to start a business and postpone their shareholders’ agreement; it is important to get these agreements in place to begin with. When incorporating a company with two or more shareholders, a shareholders’ agreement is a key consideration. Although it is not a legal requirement, its purpose is to further regulate the
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The dangers of intellectual property infringement for small businesses
by Ben Lobel • • 0 Comments
Rapid technological advancements are making it easier than ever for counterfeiters to produce authentic-looking goods to sell online. Where the cost differentials are minimal, it’s common for unsuspecting customers to assume the product advertised is just a great bargain, rather than a fake. Every sector is affected by intellectual property (IP) abuse, and small businesses
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Time to face the music: the duty to report ushers in a new era for late payments
by Owen Gough • • 0 Comments
The beginning of April is circled in many a financial employee’s diary. The start of the new tax year, it often brings with it a host of new initiatives, tax changes and rules to apply that will need to be adhered to once the clock strikes twelve. For many large businesses, one particular piece on
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How do I deal with theft in the workplace?
by Owen Gough • • 0 Comments
Theft in the workplace is a difficult subject which impacts many businesses. Some may not realise that it’s happening. Others might not know how to effectively handle it in a fair and compliant manner. Data from the National Fraud Agency estimates that theft and business fraud costs the UK economy as much as £73 billion
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How small businesses can tap into the benefits of a new water market
by Owen Gough • • 0 Comments
As of 1 April 2017, small businesses across England have the right to choose their water retail supplier for the very first time. Up until now, businesses had to stick with their regional water company with no choice around the price they pay for either water supply or waste services. More than one million businesses are
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Why small businesses need to be more aware of money laundering
by Owen Gough • • 0 Comments
For the majority of small sized legal firms, money laundering may seem like an issue confined to the headlines of newspapers. However, the reality is that small firms are just as much at risk of becoming involved in money laundering as their larger counterparts. Helping to raise awareness amongst these small firms, that they too
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Is your business acting legally in the evolving working landscape?
by Ben Lobel • • 0 Comments
The modern workplace has evolved greatly over the past 20 years. No longer are workplaces restricting themselves to do business between 9am and 5.30pm because it’s the ‘done thing’ and co-working spaces are on the rise. There has also been a generational shift in the workplace. Millennials are set to make up 75 per cent of
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Making the signature witness process easier for small businesses
by Ben Lobel • • 0 Comments
On a personal level we’ve all had that awkward situation where we are applying to renew our passport and realise at the end of the process that we have to find someone to witness our signature. Thankfully as consumers we do not face this situation all the time, but when you run your own business
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Outsourcing your health and safety needs
by Ben Lobel • • 0 Comments
Health and safety is often portrayed in a negative light, bearing the brunt of pedantic jokes. However, when it goes wrong, the impact on businesses can be catastrophic and all good humour is quickly forgotten. For this reason alone, ensuring health and safety is at the top of a company’s agenda is imperative. Larger firms
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Taking steps to stamp out bribery in the workplace
by Ben Lobel • • 0 Comments
The Bribery Act 2010 is the current legislation that lays out what can be considered a bribery offence. It also requires organisations to have anti-bribery measures in place. According to the Bribery Act, there are three main offences: Giving a person a bribe to have them do something improperly Requesting, accepting or receiving a bribe
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