Welcome to part three of Backhouse Solicitors’ three-part series, Independent Legal Advice Explained. In parts one and two, we covered ID1 and ID2 forms and personal guarantees. In this final part, we look at Joint Borrower Sole Proprietor arrangements, including the risks and legal considerations [...]
Choosing how to structure your business is one of the most important decisions to be made, particularly when looking at mitigating risks. The concept of limited liability and the corporate veil play a central role in how much personal liability you take on.If you’re weighing up [...]
If you are looking to expand your business and brand and are thinking about franchising as an option, there are a few things you should consider. This method of expansion requires careful planning and strict legal processes to become successful so it’s important to do [...]
Starting a business can be challenging and if you are looking to mitigate the risks involved when starting from scratch, franchising could be the right solution for you. Buying a franchise takes some of the guesswork out of opening a brand-new business because it provides [...]
With the ever-transforming use of technology in the legal landscape, digital and smart contracts have become increasingly common in commercial transactions. When utilised correctly, they can be used to streamline processes, reduce costs and enhance legal certainty, but they also present new challenges for legal [...]
In today’s competitive market, with heightened public expectations around corporate governance, trust is a business’s greatest asset. Whether you’re attracting investors, building customer relationships, or staying ahead of competitors, the way you present your company matters. Being open and accurate about the ownership, structure, and [...]
Whether you’re opening a shop, expanding an office, or redeveloping a warehouse, chances are, you’ll need to think about planning permission. The rules around planning permission for commercial property can feel complicated, but understanding the basics is key to avoiding delays, unexpected costs, or even [...]
If you are nearing the end of your commercial lease, whether you are a landlord or tenant, you may be wondering if your lease falls inside or outside the Landlord and Tenant Act 1954. Leases that fall inside the Act generally mean you will have [...]
At a time when businesses are under increasing scrutiny from regulators, investors, and the public, effective corporate governance is more important than ever. For companies operating in the UK, understanding the legal and regulatory framework is not just about compliance, it’s about protecting your business, [...]
If you’ve ever worked in a shared office with a mix of freelancers, start-ups and small businesses, you’ve probably been in a co-working space. While they are flexible, convenient and increasingly popular, the agreements that make them possible are very different from a traditional commercial lease.Here [...]
