Many startups decide to put off taking legal advice at the outset, either seeing it as too expensive or simply placing it low down on their list of priorities. Whilst most intend to deal with the ‘legals’ at some point in the future it is often too late. Most starts ups:
- Fail to appreciate the different types of corporate structures available and the key aspects of each one.
- Fail to appreciate the importance of a shareholder agreement or partnership agreement when going into business with someone else.
- Fail to have the correct contracts in place.
We can offer a range of services to small and startup businesses, including:
- General small business training and advice.
- Preparing terms and conditions.
- Preparing shareholder or partnership agreements.
- Assisting with commercial leases.
- Advice on personal guarantees, which may be required by banks or other lenders.
- Advice on protecting your interests when negotiating with third parties – such as when buying goods.
- Advice on data protection and general GDPR compliance.
- Assistance with website policies, such as terms of business and privacy policies.
- Advice with employees.
- Advice on the right structure for your business (whether it be a limited company, partnership, or group company structure).
- We can advise on the incorporation process and company law issues such as amending standard articles of association or other supplemental documents.