Family charters – a guide to governance structures for small businesses
Many family businesses struggle with governance structures and an estimated 100,000 businesses pass out of family control each year because of the failure to draft succession plans or business pressures.
Guide to copyright law for small firms – what is protected?
Copyright law is one of the key areas of intellectual property protection. In the UK, protection applies automatically once the work is created, so there is nothing further that needs to be done by an…
Passing your family business to the next generation – legal guide
Of all the many things that can disrupt or wreck a business, a change in ownership must be near the top of the list. When family politics are added to the mix of a process…
Companies Act 2006 and private companies – key points
The Companies Bill, formerly called Company Law Reform Bill, received Royal Assent on the 8th November 2006. The Companies Act 2006 (‘the Act’) consists of 1300 sections and is the single largest piece of legislation…
Why it’s vital to have clear ‘Terms & Conditions’ for your business
New start-ups and small businesses often fail to give much thought to their standard “Terms and Conditions of Business” (T&Cs). That is, until there is a dispute with a customer, by which time it may…
The Consumer Rights Act 2015 – 7 Key points for small businesses
As all businesses and traders selling to consumers should know, the Consumer Rights Act 2015 (CRA) came into force on 1 October 2015 and overhauled the UK’s legislation on selling goods and services to consumers.