Category Archives: Start Up

16th April 2020
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In defence of the contrapreneurs

By | Business disputes, Small Business, Start Up | No Comments

Like many people, my LinkedIn feed seems to be full people claiming to be experts in a whole host of subjects. When I watch YouTube, every other ad seems to be from these self-proclaimed “experts” telling me how easy it is to make money and become a millionaire by following their simple formula.

Most of the time I keep on scrolling, but occasionally, something catches my eye. When I stop and look it’s shocking to see the techniques they’re using to lure people to their events, sell their courses and convince them to join their mastermind groups. Read More

22nd February 2016
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website terms of use and privacy policy

Why your website must have terms of use and a privacy policy

By | Contract law, Small Business, Start Up | No Comments

The terms of use and privacy policy are two of the most important pages on a website and yet they’re probably the least read.

When I advise a client that they should have them in place and offer my help in preparing them, their first reaction is often “No, don’t worry, I’ll copy them off someone else’s website”

Putting aside the fact that this would make them guilty of copyright infringement, here’s four reasons why this is a terrible idea and why your website should have a professionally prepared terms of use and privacy policy. Read More

22nd February 2016
11
Confidential Information

7 Practical tips for protecting confidential information

By | Confidentiality agreement, Contract law, Small Business, Start Up | No Comments

If you’ve read our previous blog, the DNA of NDA’s, you will understand the importance of confidentiality agreements (also known as NDA’s and Non-Disclosure Agreements) for protecting confidential information.

However, you should not rely solely on the confidentiality agreement to protect your confidential information because once confidentiality is lost, it’s gone forever. Therefore, you should also take practical steps to protect the information as far as possible.

Related content: Blog – The DNA of NDA’s – Are confidentiality agreements worth the paper they are written on?

Here are our seven top tips for protecting confidential information (in addition to entering into a confidentiality agreement!). Read More

22nd February 2016
1
Shareholders agreement working in partnership

Do I need a shareholders or partnership agreement?

By | Contract law, Shareholders agreement, Small Business, Start Up | No Comments

Why do I need a shareholders or partnership agreement?

If you own and control 100% of your business, you can run it (subject to complying with the law!) pretty much however you choose. You don’t have to consult with anyone before making decisions and you can change your mind at the drop of a hat.

If you don’t own and control 100% of your business, you can’t do this. You have to consult and agree with your business partners about how you will run your business.

How these decisions are made and what happens if you can’t reach an agreement will have a huge impact on the success of your business so this is what we are going to look at in this blog. Read More

22nd February 2016
1
5 essential contracts every business should have

The 5 Essential Contracts Every Business Must Have (And What Happens If They Don’t)

By | Contract law, Small Business, Start Up | No Comments

When a client comes to see me about starting a business, we always talk about the essential contracts their business needs.

Initially, they can be reluctance to spend money on them and often ask “Can’t I just download them from the net?”

I fully understand that money is tight and clients are keen to keep costs to a minimum wherever possible, but this is an area where cutting corners usually proves to be a false economy. Legally binding contracts are the foundations of your business and as I’ll explain, having solid foundations in place is one of the best investments you can make for the future. Read More

20th November 2015
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Legal issues to consider when starting an online business

Legal issues to consider when starting an online business

By | eCommerce, Small Business, Start Up | No Comments
More and more people are becoming self-employed these days and running their own businesses.

Many of these are online businesses, but even if you set up a retail business or something that operates predominantly offline, the chances are, it’s going to have an online presence.

In this blog we’re going to look at are the specific legal issues you need to consider when setting up an online business. Read More