Company Directors Responsibilities and Duties

Every limited company within the UK is required to have at least one director. If a company is set up using just one director, then it is a legal requirement that the director is a person (not another company) and that person must be of at least 16 years of age. Directors must also not be …

Trademarking a Company Logo

It is quite often the case that as part of a company formation, a trademark registration is carried out at the same time in order to protect the company logo. When a company trademarks a logo, it allows them to prevent other people or businesses from using it by use of legal action, criminal charges …

Business Finance – Top 10 ways to fund your new business

Starting any new business requires finance of varying levels. If you’ve got this far then you probably already have a business plan and a good working idea of how much money you need to get started. The question is do you know how you’re going to get your hands on that money? There might be …

Data Protection Notification – Your legal obligations

Every business deals with data of one sort or another. Whether it’s a customer’s shipping information, credit card details, employee information or even monitoring premises with CCTV. Due to the nature of the information collected and held, the law places some responsibilities on the “data collector”. These include the 8 data protection principles but also, …

Director Service Contract – Legal Employment Obligations

Many people running their own limited company are unaware of their legal obligations. Sometimes, ignorance can have serious consequences. Director Services Contracts are a perfect example. The legal precedent set by the Employments Rights Act 1996 means that there is a requirement placed on companies to provide both directors and employees alike with a contract …

What is a partnership?

Partnership occurs where two or more people go into business together with the intention of making a profit. Establishing their business and registering as self-employed they share the decision making, any profits the business makes and also any debt the business accrues. The partnership business itself, has no separate legal structure and entirely rests on …

Avoiding Cheap Pricing; Beating The Giants.

Many start up businesses struggle in the first two years of their life, battling with the competition, trying to get a foothold in the marketplace. Some of these businesses are in a market which is dominated by large national or multi-national corporations and therefore find getting the customers they need an uphill struggle. Mistakenly thinking …

Why Social Media and Blogging Is Important For Business

The Guardian newspaper has recently reported on some research showing that a large number of journalists use social media sites and blogs as sources for articles they are writing. Although the study shows that a large percentage of them also view these sources with a sceptical eye, it still highlights the point that social media …

The Pros and Cons of Forming a Limited Company

The Pros and Cons of Forming a Limited Company We all know that there are a number of legal structures available when starting your own business, each with their own pros and cons. As a potential new start-up, you’ll be faced with deciding which would be most advantageous to you. Many people in a similar …

Trademark Registration – The Benefits

Starting a new company, you will want to give serious thought to registering a trademark. Trademarks are deemed to include such things as brand names, company names, logos, words and phrases and even sounds. Registering your company trademark will protect it and allow you to prevent other companies from selling goods or services using your …