Category: Company Secretary
How to Draft a Shareholders Agreement That Actually Protects Your Business
A shareholder’s agreement is not legally required for your business but running your business without one can get pricey with disputes that you could easily prevent. Private equity firms and institutional investors almost always need a shareholder agreement before they invest. The benefits go way beyond the reach and influence of jus...
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Company Director vs Company Secretary
Understanding the distinct roles of a company director and a company secretary is crucial for anyone navigating the complexities of corporate governance. While a company director focuses on managing daily business activities and ensuring legal compliance, the responsibilities of a company secretary include assisting directors, advising on...
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The Benefits of Terms & Conditions
Running your own business is tough. It demands time, energy and commitment, and inevitably there is always something else that needs to be done. As a business owner, you therefore have to prioritise, which can sometimes lead to a focus on service delivery with administrative tasks slipping down the to-do list for later. However, the...
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The Benefits of a Shareholder Agreement
Can you answer the following questions? a. Do you know what your internal company rules are in relation to a share sale? b. Do you have a mechanism to value your shares? c. In what circumstance can you force a shareholder to sell? d. Do you know what happens to shares if a shareholder dies? If the answer...
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The Benefits of Management Accounts
When you are busy running your business, why then spend time preparing management accounts? How do they actually help your business? Is it time well spent when you could be running other areas of your business? Other than needing to produce statutory accounts, why then produce more financial information? Management accounts can help...
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Our Top 10 Contract Tips (Part 2)
We have continued to share our series of Top 10 Contract Tips on our social media channels over the summer. Here’s Part 2 of our Contract Tips blog with tips #6-10: #6 TURN YOUR CONTRACT INTO AN ASSET As well as protecting your business and managing risk, a contract can also be an asset. A well-defined contract pos...
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Should my business have tax investigation insurance?
More than ever before, HM Revenue and Customs (HMRC) are cracking down on individuals and businesses who aren’t paying the right amount of tax. Investigations can be invasive, worrying, long and expensive. But you can avoid those sleepless nights and make sure you’re protected. Here’s what you need to know. What is a tax inves...
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Our Top 10 Contract Tips – Part 1
Over the past few weeks, we’ve been sharing our best contract tips via our social media channels. For most small businesses, employing an in-house legal counsel is not an option, but our outsourced business law service could be the perfect fit. If you’d like to follow our series of tips, you can follow us on Linkedin, Twitter or Fa...
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Post-lockdown Intel for Company Directors
Are you a company director seeking guidance as we exit lockdown? Want to know the potential pitfalls and opportunities that lie ahead? To help you chart the way, here’s our intel on 5 areas on which Company Directors need to be aware. 1. Dividends timebomb? If you’ve taken dividends this year, you need to be sure the busines...
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Companies House – a few changes
Companies House has issued guidance to its customers regarding accessing its services during the ongoing pandemic. Companies House is trying to make access easier utilising electronic means. As such it is encouraging us where possible to meet filing requirements via the online portal. Currently accounts, confirmation statements, certai...
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