Blog posts submitted by our members

Why you should enter into a shareholders agreement when going into business with someone

Entering into a shareholders’ agreement at the outset of a business relationship in the UK is a vital step in ensuring that the rights and responsibilities of shareholders are clearly defined. Here are the key reasons why having a shareholders’ agreement is essential:   1. Clarity on Roles and Responsibilities A shareholders’ agreement outlines the…

Why it is vital that your business has proper Terms and Conditions of Trading

Having Terms and Conditions of Trading (T&Cs) for your business is crucial for protecting your interests, ensuring smooth business operations, and managing customer expectations. Here’s why your business should have clear and comprehensive T&Cs:   1. Legal Protection T&Cs act as a legal contract between your business and your customers or clients. They set out…

Why is it so important to make sure you have proper employment contracts in place for your staff?

Having proper employment contracts in place is essential for businesses in the UK for several reasons. Employment contracts provide clarity, legal protection, and help define the relationship between employer and employee. Here’s why it’s important:   1. Legal Requirement Under UK law, employers are required to provide employees with a written statement of employment particulars…

The best way to try and resolve a commercial dispute between businesses

When two UK companies are involved in a commercial contract dispute, there are various methods they can use to resolve the issue, ranging from informal negotiations to formal legal proceedings. Here are the most common approaches:   1. Negotiation Direct Negotiation: The companies can engage in discussions directly, either through their representatives or legal advisors,…