Corproate finance updates from the Taylor&Emmet Corporate team.
As your business grows it may be useful to appoint someone to provide independent advice on how to grow the business further. There is a growing trend amongst SME’s to appoint non-executive Directors. A non-executive Director does not have day to day involvement in the business but nevertheless, still has Read more…
If you have structured your new business as a company limited by guarantee and you have more than one shareholder you should ensure you have a Shareholders Agreement. The Shareholders Agreement will specify the rights and responsibilities of your shareholders and directors and make it clear how and when shares Read more…
Irrespective of the legal structure you choose for your new business, you will need money in order to grow it. Investment You may be entitled to an award grant or attract investment from angel investors, who invest in start-ups and sometimes take an active role in a business. Investors may Read more…
If you have decided to structure your new business as a company limited by shares, you need to take care in choosing a company name. The Registrar of Companies will not register a name if its use would, in the opinion of the Secretary of State, constitute a criminal offence Read more…
Getting the legal structure right for your new business is critical. Sole Trader You may choose to operate as a sole trader. If you do, you need to bear in mind that as a sole trader you are personally liable, without limit, for all the debts and other liabilities of Read more…
Following on from our previous article regarding various types of business platforms, we hope to have assisted new entrepreneurs in making an informed decision about which to choose. We have put together brief starting points for incorporating a company for your business if this is the route you have chosen. Read more…
Under English law, partnerships are defined under the Partnership Act 1890 as a relationship between persons carrying on a business in common with a view to profit. Persons can include; individuals, companies and limited liability partnerships. As you will appreciate, the definition in the Partnership Act 1890 is extremely wide Read more…
Many businesses have considered disaster recovery when it comes to their banking arrangements or IT systems. However, it is equally important to have provisions that can be put in place at any time to deal with major events that might occur during the life of a business such as: disputes Read more…
For a business owner an injury or unexpected loss of capacity, even if only temporary, can have a significant impact to the day to day running of the business. To ensure that a business continues to operate successfully in these circumstances, all business owners (sole traders, partners and company directors) Read more…
A joint venture is a partnership between two businesses for a finite period of time in order to achieve specific goals. It presents an opportunity to leverage each other’s strengths while compensating for any weaknesses. There are 2 main options when entering a joint venture. In the first, both parties Read more…