This is certainly a unique time that business owners are facing throughout the UK, and the rest of the world. The Chancellor of the UK Government, Rishi Sunak, has provided UK businesses with unprecedented support to help them through the current economic pressures. However, we have been hearing from SMEs that they are unclear on how they can access these new packages and what they may be eli...
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The British government announced on 16 April 2020 that it will extend the Coronavirus lockdown for at least another three weeks. This will come as a blow for many SMEs whose cashflows are already highly precarious. But help is available. For SMEs, this comes in the form of being able to...
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Recently, Xero carried out a study of small and medium-sized enterprises (SMEs), concluding that SME owners are concerned about their future. In particular, 54% of business owners stated that a major reason for the uncertainty over their future was receiving payments late from customers. So h...
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Starting from this week our LawBrief solicitor Raza Naqvi will be providing his expert insight into the latest developments on Brexit – its impact on SMEs and the possible scenarios which businesses will face in the coming months. Confused by Brexit? Hard, so...
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Do you have a claim you want to pursue? Have you suffered loss through someone’s negligence or breach of contract? Are you owed a debt? You may wish to issue court proceedings to resolve this issue. However, there are preliminary steps that you should address first. And the principle step is a letter of claim. The Civil Procedure Rules and Pre Actio...
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What do you need to know about providing a Personal Guarantee when taking out a loan for your business? Here is your chance to discover how giving a Personal Guarantee could cut the cost of your business finance and give you increased opportunity to shop around. Here at LawBite we’ve teamed up with our find-and-compare business financing partner, Alternative Business Funding to look at t...
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LawBite lawyer Elizabeth Comely looks at the 5 legal considerations you must take into account when scaling your business.
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As summer draws to a close and the final quarter looms on the horizon, many businesses start thinking about raising capital to support their business through the next stage, whether that’s continuing steady or looking to expand. Therefore, we’ve invited our fabulous partners Alternative Business Funding onto our blog to tell us more about choosing the right financial package for your business, using a handy ‘Q&A’ format.
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Starting a new business takes careful planning, research and very often a leap of faith! But there is a lot you can do to minimise your legal risk and give your start-up a boost.
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To help you identify your biggest risks we’ve created a completely FREE Legal Health Check tool for businesses. It’s a simple, quick, online tool that identifies any areas where you are routinely losing money from commercial legal issues and helps you minimise your risk of future losses.
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