Why Every Start-Up Needs a Board of Directors
Most people would associate a board of directors with bigger companies where the influence and guidance of an independent board is crucial to good corporate governance and the success of the business. However, although a start-up or small business can also reap substantial benefits from them, many owner/founders still question why they need (and shy[...]
AI and Intellectual Property
Do You Really Own Your App? Depending on who you listen to, Artificial Intelligence (AI) is either a boon for mankind or, according to Elon Musk, the greatest existential threat we face as a species. It’s the “dangers” of AI that have fulled most regulation currently being discussed, with news reports focusing mainly on the[...]
How Hiring a Start-Up Lawyer in London Can Help Build a Solid Foundation for Your New Business
Starting a new business can be an exciting and rewarding journey, but it can also be quite challenging. Many entrepreneurs who start a new business overlook the importance of hiring a start-up lawyer, often due to the perceived expense of so doing. Some start-up owners will explore ways to reduce cost by attempting to create[...]
Doing Business in the USA
In a previous Insights article we examined the issues faced by American companies wishing to set up business in the United Kingdom. The practicalities of doing that are complicated for US firms, and equally UK companies looking to expand into the USA face a similarly complex (but ultimately potentially very rewarding) journey. Establishing a US[...]
Equality, Discrimination, and Your Liability
Recent press reports suggest that a potential legal battle between the Scottish and UK Parliament is looming because the UK government is blocking a piece of devolved legislation aimed at making it easier for transgender people to change their legally recognised sex. The reason given for this move by Westminster is that the proposed change[...]
Recruitment and Retention Strategies for SMEs
How do you best recruit and then retain valuable employees? That is a vital question for all businesses as well as the private and public sector. One of the common themes of the current wave of strikes in the UK is not just rates of pay, but the impact on employees of inadequate recruitment, poor[...]
The Impact of Brexit on SMEs Becomes Clearer
Even with factors such as the pandemic lockdowns, the September “mini-budget” and the measures announced in the Autumn Statement on 17 November, the impact of Brexit, especially on SMEs, is becoming clearer. Most recently, Michael Saunders, an external member of the Bank of England’s Monetary Policy Committee, who left that position this month, felt free[...]
Doing Business in the UK
For many US companies looking for international growth, the United Kingdom is an attractive first foothold in overseas markets. A government keen to attract inward investment, a shared business and civil culture and the English language as well as geographic (if not political) proximity to mainland Europe all make the UK a logical choice for[...]
Carry on Carrying over Holiday Entitlement?
What should be your approach to carrying over holiday entitlement now, as we seem to be emerging from the worst of the pandemic? How should employers handle leave ‘carry over’ requests from their workers when what was a public health emergency is being replaced by the prospect of much tougher financial circumstances. A trading environment[...]
Co-Founders: What Happens When It Goes Wrong
Every co-founder situation is different, but one common problem, especially in start-ups, is how to handle co-founder disputes which can damage progress or even lead to company failure. The problem isn’t unique, even though it may feel that way to the individuals involved in conflict. Harvard Business School professor Noam Wasserman writes in his book[...]
Digitalisation: The Right (to Work and Rent) Solution?
UK employers have a legal obligation to comply with the prevention of illegal working legislation as set out set out in the Immigration, Asylum and Nationality Act 2006, section 24B of the Immigration Act 1971 and Schedule 6 of the Immigration Act 2016. This legislation requires checks to verify that anyone you employ in the UK has[...]
The False Economy of Part-Time Employees and Contractors
If you own or manage a business, getting the right people and building the right team is vital to your success, especially when the Coronavirus pandemic has had a huge impact on ways of working. Thousands of workers have transitioned from onsite employees to full-time remote workers and it’s clear that this shift in expectations[...]
Hybrid and Remote Working in a Post-Covid World
Most commentators seem to agree that remote working in some form or other introduced as a result of the pandemic is here to stay. A wide range of research confirms that most workers want to continue to work from home, some all the time but most it seems would prefer a balance where they are[...]
Getting Down to Business After Covid
The lifting of Covid restrictions from 19 July removes more or less every domestic legal restriction in England in one fell swoop. All businesses will be able to open, without Covid-related capacity limits, and measures such as mask-wearing and social distancing will be left to people’s personal responsibility. Most Covid rules in Wales will be[...]
What is Corporate Law?
Corporate Law is the body of law pertaining to the practices, structure, rules, and regulations, conduct of persons within corporations. Working in corporate law is highly sought after due to its dynamic, fast paced, and exciting nature. What do Corporate Lawyers do? Working in corporate law, no two days are ever the same. The general[...]
What is a Start-Up Business?
The true definition of start-up is disputed by many with some claiming it’s a state of mind, and others believe to qualify as a start-up, you must offer something unique and meet the needs of the people. In layman’s terms, the Merriam-Webster dictionary defines a start-up as ‘the act or an instance of setting in[...]
IR35 - Will it Affect You?
Keep hearing the term “IR35”, but still puzzled as to what it is and, most importantly, how it affects your business? In a nutshell, IR35 is tax legislation designed to combat tax avoidance by workers, and the firms hiring them, by ensuring contractors pay broadly the same tax and NICs as employees if they are[...]
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