People With Significant Control

Company changes in force 6 April 2016 From 6 April 2016, companies will have to maintain a register of ‘People with Significant Control’ (PSC). The press release from the Department of Business and Skills states: ‘The PSC register will include information about the individuals who own or control companies including their name, month and year Read More …

Brand Protection: Defamation

THIS ARTICLE WAS ORIGINALLY PUBLISHED IN THE MARCH QUARTER EDITION OF THE CHAMBER OF COMMERCE MAGAZINE Defamation is a publication to a third party of an untrue statement against a reputation exposing the claimant to hatred, contempt or ridicule in the eyes of right thinking members of society. It is governed by common law and Read More …

Business and Company Sales – Warranties and Indemnities

THIS ARTICLE WAS ORIGINALLY PUBLISHED IN THE SEPTEMBER QUARTER EDITION OF THE CHAMBER OF COMMERCE MAGAZINE In business and company sales, Warranties and Indemnities are ways of reallocating risk between sellers and buyers. “Caveat Emptor” (“buyer beware”) in English law means that generally buyers lack protection. Buyers may seek warranty and indemnity protection while sellers Read More …

Biz Tip #11: Handle Data With Care

If you handle personal information about individuals, you will need to make sure your business fully complies with its obligations under current data protection legislation. Jonathan Abrams is a Commercial Lawyer at Gregory Abrams Davidson LLP. You can contact him or our Property Department at jabrams@gadllp.co.uk or +44 (0)20 7979 2066.

Biz Tip #10: Try Keep Your Customers Satisfied

When responding to a customer complaint, my advice is to stop the problem before it gets worse. Take swift action. Jonathan Abrams is a Commercial Lawyer at Gregory Abrams Davidson LLP. You can contact him or our Property Department at jabrams@gadllp.co.uk or +44 (0)20 7979 2066.

Biz Tip #9: Avoid Personal Guarantees

If you can help it, try to avoid putting your own neck on the line by personally guaranteeing business debts. Jonathan Abrams is a Commercial Lawyer at Gregory Abrams Davidson LLP. You can contact him or our Property Department at jabrams@gadllp.co.uk or +44 (0)20 7979 2066.

Biz Tip #8: Premises

A fancy office is no fast track to success and you should think long and hard before wasting valuable start-up funds on leasing expensive premises. Serviced or “virtual” offices can be just as effective, with lower costs, month-to-month contracts and no or low break fees and depending on your business, your own home may be Read More …

Biz Tip #7: Marketing and Advertising

The underlying theme with all advertising is to make sure it isn’t misleading or advertising anything illegal or illicit.  In addition, when creating an advert, make sure there is no association between your brand and a trademark that is not owned by you.   Fine print is key, as it includes specific details about who Read More …

Biz Tip #6: On Good Terms

Ensure your terms of business are specific to your business and watertight! Simply using generic terms found on the internet will place your business in a vulnerable position as they are unlikely to stand up under scrutiny. When you are dealing with client or another business, ensure they are aware of your terms and that Read More …

Biz Tip #5: The “A” Team

When considering new members of the team early on in business, try to keep your arrangements with them flexible. Flexible work arrangements with “self employed” staff ensure that you are not paying them for not turning up to work. It also means that you are not tied into a long term arrangement with people you Read More …