News

Winding up and closing down a company cleanly
While many founders and business owners will implement succession plans to sell or pass their business to a new generation of owners, sometimes it is clear that you have reached the end of the road and the best decision is to call it a day and close the company. Having made this tough decision, you will need to plan the best approach to achieve this cleanly and cost-effectively before the final closure can be made official.
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Contract pricing in commercial agreements – pitfalls to avoid
If you are a fan of Marmite or Hellman's mayonnaise, you may recall a brief dispute that broke out between Tesco and Unilever in late 2016 which led to the supermarket temporarily
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Business checklist for admitting a new partner
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.
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Ecommerce refresher for retailers trading online in the UK
Ecommerce is a fast-moving medium for retailers and, whether you have an established online presence or are just starting out, a periodic review of changes in the law and trading regulations can help ensure your business runs smoothly.
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Mind the risk gap – best practice when using subcontractors
Whether you are planning on using subcontractors for a one-off project or on a long-term basis, there are several steps you can take to safeguard both your business and business relationships.
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Update your commercial contracts for the post-Brexit regime
While certain changes are already in place as a result of Brexit, we can expect a continuous stream of legislative reform that will affect businesses and their commercial contracts.
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Is an MBO or MBI a good move for your business?
Is your business ripe for more growth? Do you have the team that can take your business to the next level? Or do you want to take a step back and reap some of the rewards of your efforts? If continuity is important to you, then a management buy-out (MBO) or a management buy-in (MBI) might be an appropriate avenue to consider.
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New Year, new business structure?
Businesses need to be agile to survive and prosper, particularly as we face the duel challenge of having to deal with a global pandemic, while also bracing ourselves for the UK's exit from the EU.
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Brexit Business Review – opportunities, threats and advance preparation
The Brexit transition period deadline is drawing closer and yet the future is still very unclear. Whilst the UK government is telling UK businesses to prepare for Brexit, the lack of clarity on what the future holds has left many business leaders in a state of limbo. However, the business which can react, adapt and change quickly will be the business that survives and thrives.
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Acquisition opportunities among distressed businesses
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 administration.
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