“What can I say about George, other than the guy is not only great at what he does, but he’s honest, reassuring and a genuine pleasure to talk to. A few months back, my business
Alongside the health crisis being caused by Covid-19, the coronavirus is rapidly causing economic difficulties for business which, owing to what some consider to be not fast enough action by the Government, is leading to
A Business Perspective – Coronavirus/Covid-19
Award Winning C2 Safety: Jerome Timbrell, Managing Director, on working with us: “The decision to use Solicitors Title was made so much easier when we met face to face with Richard James, head of Solicitors
Setting up the First Health & Safety Franchise in the UK
D-I-Yeovil is a really worthy project made possible from the combined efforts of The Western Gazette, Yeovil Round Table and Bradfords Building Supplies. In June, the public cast their votes, leading to five projects being chosen as finalists (see other entrants here) to be considered for the renovation worth £10,000, intended to benefit either a person or group in need.
The Small Business, Enterprise and Employment Act contains a number of measures which represent significant change for companies. The aim is to increase trust in UK businesses and improve the transparency of their ownership and control and in turn it will help combat tax evasion, money laundering and terrorist financing. All companies will be affected in one way or another as some of the changes are to your legal
Franchising has a number of advantages for both franchisor and franchisee. One of which, centred around the fundamental principle of franchising, is that franchises replicate a tried and tested business model and therefore are thought to be a more stable economic bet than entrepreneurial ventures.
A trademark is reportedly holding up the appointment of Jose Mourinho at Manchester United. In an unusual situation, the media have suggested the deal is being delayed because Chelsea Football Club own, amongst others, the European Trademark to the name ‘Jose Mourinho’ in five classes of goods, which runs until 2025. Of course, Jose still has the right to use his own name but Chelsea own the rights to using his name or image on certain items; effectively merchandising rights which Chelsea retain and presumably continue to profit from.
Quite often, a management team will not be in a position to finance a transaction themselves; lending in one guise or another will therefore be a common feature of a deal; the question will be what form should that take; on one particular deal, we had to cover not just bank funding, but also borrowing against the company’s invoices, smaller investors that had agreed to put in private funds and even a sale and lease-back of assets with a commercial lender, to help raise sufficient cash to do the deal!
One of the biggest challenges relates to the time and commitment required by the MBO team; the deal requires significant input from the key members of the team, but the business and their existing roles as employees are in no way diminished; and indeed failing to look after the interests of the target company during the deal process can act as a double-edged sword; they clearly do not want to buy a weakened business, as a result of taking their eyes off the main focus of their usual day jobs.
When it comes to selling your business, whether to move on to a new project, to divest some non-core elements of an existing business or with an intention to retire, a keen management team might prove a better prospect, via a management buy-out (MBO), than a trade sale to a competitor, particularly for the longevity of the business, going forward.
Solicitors Title are delighted to have been shortlisted for Law Firm of the Year (1-10 partners) in the Devon and Somerset Legal Awards.
These awards, first of their kind in the region, are seen as an opportunity to recognise the contribution made by lawyers and solicitors in the West Country. At the DASLS Legal Awards Preview Event, DASLS president, Will Michelmore said: “Solicitors have
We’re all reasonably familiar with data protection, or at least the concept of it. As business owners, we handle a huge amount of data, much of it via the internet, whether it’s via a website, completing an online purchase or just corresponding using e-mail! This presents risks; often termed cyber risks, in relation to the interception and misuse of that data; attacks from criminals who stand to benefit financially from selling on this information are, sadly, a reality.
From a business perspective, aside from the risk of a complaint or negative experiences being shared via social media, breach of data protection (particularly where this involves an individual’s personal data), can have wider consequences. Businesses need to be alive to their obligations and these risks.
Do you trade online? Are you responsible for sales and marketing? Do you deal with customers face to face?
Consumers now have more protection than ever; leaving businesses open to losses and claims if they are not compliant. Avoid being caught out by these changes: use our contact form to let us know if you are able to come along. Please feel free to share this with colleagues and business contacts.