A shareholder agreement is perhaps one of the most important documents a privately owned company can have. Shareholder agreements are so important because they provide a method for: Resolving shareholder disputes Preventing the personal circumstances of one shareholder affecting the company or other shareholders Defines the powers of the shareholders Defines the procedures and limits within [...]
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Terms and conditions form a basic but vital part of any business transaction. Whether you sell to other busineses or direct to the public your terms and conditions are there to protect your rights, limit your liabilities and provide you with some security when you sell your goods or provide a service. In your standard [...]
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If you’ve shed blood, sweat and tears building up your own business, the decision to sell it may be one of the hardest you’ll ever make. However, there can be compelling reasons for wanting to make the break: you may decide it’s time to retire to the sun or you may need some finance for [...]
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You’ll need to do your homework If you’re interested in starting your own business, it can be less daunting to buy an existing operation with a proven track record than to set up yourself from scratch. However, the time and effort required to find, research and complete a business purchase is considerable and there can [...]
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What to do when your customer refuses to pay Why is having the right debt collection letters for your business so important? Ask any business what its biggest challenge is and, chances are, you’ll be told it’s the relentless drive to win new business. Whether its identifying new prospects or targeting existing customers, there can [...]
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Many of the most successful entrepreneurs set up their business from home. However, for most successful businesses there comes a time when working from the spare bedroom is no longer viable and separate premises have to be found. Finding commercial property can be tough, and most businesses these days choose to rent out space rather [...]
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As your business evolves, there will come a time when you will need to make further investment – for example, new premises, new equipment, key resources etc – in order to maintain growth. This is an anxious time for most business owners, but we can help take the stress away. At Truelegal we take the time [...]
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Before you can even begin to look for a suitable business purchase there are many important decisions to be made. You need to give careful consideration to what kind of business will be best suited to your interests, skills, financial status/expectations and level of commitment – and, just as important, how the purchase will be [...]
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