Blog Listing
Pre-Nups Between Shareholders
If you are a business with two or more shareholders it is always advisable that you have a shareholders agreement. Many of the businesses I deal with only have 2 to 5 shareholders who tend to be the Directors. Therefore the structure is like a quasi-partnership. When entering into...
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Purchasing A Business
If you dream of running a small business such as independent retail store, newsagent, take away or café, why not consider purchasing an established business. By purchasing an established business it could save you thousands. Here are some points for consideration before purchasing a...
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What is a Pre-Pack
Recently we have seen some household names in the business press that are in distressed circumstances, such as Blacks the leisure group and La Senza lingerie chain. Both of these companies were placed into administration and then immediately bought by other non-related companies. For...
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BUYING A BUSINESS – IS IT VALUE FOR MONEY?
After reading the business magazines, advisors are indicating that in this tough economic climate and if you have the necessary financial resources, you should be able to purchase a business for a reasonable or even a reduced price as people are struggling or alternatively they just want to...
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The Bribery Act and You
The Bribery Act was due to come into force on the 1st April 2011 however it has been delayed until the 1st July. The reason for its delay is that business' have lobbied government as to the severity of the Act and the government has now produce guidance on the Act. Upon reviewing the...
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