Checklist: advertising This checklist highlights the main issues your business should consider when planning an advertising campaign. Always consider taking advice on your advertising copy. The Copy Advice service will help you avoid breaking the rules, which could lead to…
Use of Cookies This checklist, based on guidance issued by the Information Commissioner’s Office (ICO), sets out how your business should obtain consent from visitors to your website to store or retrieve information from users’ computers or mobile devices. New laws…
What are Director’s Duties? The Companies Act 2006 codifies certain common law and equitable duties of directors. In summary, the seven general duties under the 2006 Act are: To act within powers. To promote the success of the company. To…
A shadow director was any person in accordance with whose directions or instructions the directors of the company were accustomed to act, but a person was not deemed to be a shadow director by reason only that directors acted on…
What is a Non-Executive Director? Executive directors work for a company on a full or part time basis and are remunerated for their services as an employee of the company. Non-executive directors have the same duties and attract the same…
Agent or distributor? Why appoint an agent or distributor at all? In appointing a selling agent or a distributor, a manufacturer is effectively sub-contracting the selling function of his business. He may wish to do this for a number of…
Benefits Standard terms of business offer certain advantages over bespoke agreements: They avoid the time and expense of drawing up specific terms for each individual transaction. They enable a company to introduce terms favourable to itself in a format that…
What is an LLP The LLP is different from the form of limited partnership under the Limited Partnerships Act 1907. That form of limited partnership does not allow a partner to enjoy limited liability while also participating in the management…
Share Options The high cost of staff turnover Retaining and motivating key staff is more important that ever before. A performance related cash bonus has only a short term effect; it is estimated that the motivational benefits of a pay…
Private Equity & Buyouts Private equity transaction, formerly more commonly known as venture capital transactions, cover a variety of arrangements that have one common feature: the source of the money that is funding the transaction. This source is usually a…