Category: Company Law

What is a Non Disclosure Agreement?

What is a Non Disclosure Agreement?

A non disclosure agreement in the course of business expressly prohibits the disclosure or use of proprietary information without your permission. It is a legal contract by which one or more parties agree not...

How to Buy a Business

How to Buy a Business

Whether you want to buy a business to break into a new industry, expand your existing business or take a first step on the self-employment ladder, there’s a whole host of considerations to bear...

How to Get Business Finance

How to Get Business Finance

Are you looking for new ways to finance your established business, or perhaps you’re just on the point of launching a new business and you need to secure funding to get you started? Whatever...

company-secretary

What is the Role of the Company Secretary?

What is a company secretary and does my company need one? All UK public companies require a company secretary by law, under the Companies Act. Private limited companies however are not required to appoint...

disqualification-of-directors

Disqualification of Directors

A company director may face disqualification if they are found to have failed to fulfil their legal responsibilities by participating in unfit conduct, or wrongful or fraudulent trading. Common grounds for director disqualification could...

restoring a company to the register

Restoring a Company to the Register

There are two processes for restoring a company to the Register, either by Court Order or by ‘administrative restoration’ under section 1024 of the Companies Act 2006. The appropriate route will be determined by a...

company restoration

Company Restoration Guide

What is company restoration? Company restoration is the process by which a company that has been dissolved can be ‘brought back to life’. You might want to restore your dissolved company in order to...

what is insolvency

What is Insolvency?

When financial hardship hits your business, and the possibility of closing down rears its head, working out what to do next can be overwhelming. Understanding the fundamentals behind what insolvency is, what the process...

setting up a limited company

Setting up a Limited Company

Setting up a limited company You’ve made the decision to run your business as a limited company. You know about the benefits of limited liability but beyond that, the process of setting up a...

llp v ltd

LLP vs Ltd

LLP vs Ltd You’ve decided that limited liability is the way to go with your business but that still leaves you with two choices, LLP or limited company. What are the pros and cons...

register a company

How to Register a Company

If you’ve considered your options and decided that a limited company is the best business structure for you, what do you need to do next? Under the Companies Act 2006, your business can’t operate...

franchising your business

The Advantages of Franchising Your Business

Some of the biggest brand names operate on a franchise basis; for example, the education provider Kumon Maths and fast food outlet Subway. It’s a way for the established business (the franchisor) to strengthen...

private limited company

What is a Private Limited Company?

A private limited company (LTD) is a form of privately held small business entity. Private limited companies are subject to specific rules and regulations which can provide advantages for small business owners, for this...

insolvency rules

What are the Insolvency Rules?

The Insolvency Rules 2016 On 6 April 2017 a new and consolidated set of insolvency rules came into force. The Insolvency (England and Wales) Rules 2016 provide the procedural steps to be followed in...

how-to-sell-my-business

How to Sell My Business

So, you’ve made the decision to sell your business. It could be that you want to retire, you had always planned to sell once your business reached a particular size, or that it’s just...

management-buy-out

How to approach a Management Buy Out

A management buy out (MBO) is a form of business exit whereby the business owner sells the company assets and operations to the existing management team. Often a management buy out is looked on...

How to get out of a contract

How to get out of a contract

Most businesses will be familiar with this scenario: you enter into a contract and then later, for whatever reason you want or need to exit. This may be because the other party is not...