There comes a point where every business owner needs to consider what is the best way to grow their business. If you have built up a solid brand and a proven business model, you might want to consider franchising. more
Pursuing litigation using funding provided by a third-party has rapidly gained a strong foothold internationally in the commercial world, becoming increasingly popular in the USA and Australia over the past few years. British lawyers and businesses have on the other hand been reluctant to embrace third-party litigation funding models, for reasons that can be traced to the ancient law of ‘Champerty’ and ‘Maintenance’. more
Setting up a company in China requires in-house counsel teams who are tasked with ensuring the correct documentation is in place, to essentially forgo their Western sensibilities regarding how they believe that things ‘should’ work and understand and embrace Chinese corporate culture. Little things make such a difference when working in China. For example, a business card should be handed to the recipient using both hands, with the writing facing them. Also, Chinese people are very concerned about losing/saving face, so it is imperative to keep this in mind when negotiating. more
Warfare and business are often synonymous with each other. Consider the many phrases we use in business such as; strategy, tactics, great leaders and ruthlessness. These can all be applied to war. more
Britain has always been a world economic powerhouse, punching well above its weight, especially considering it is a small, drizzly island on the edge of Europe. According to the recent research, the UK economy is, “the fifth-largest national economy in the world measured by nominal gross domestic product (GDP) and ninth-largest in the world measured by purchasing power parity (PPP), comprising 4% of world GDP. It is the second-largest in the European Union by both metrics”. more
If you are thinking of starting your own business, one of the most important factors to consider at the beginning of your journey is how you plan to finance your venture. This guide will provide a quick overview on the funding options available. more
The UK Corporate Governance Code (UKCG Code), (formerly the Combined Code) sets out standards of good practice in relation to leadership and effectiveness of a board of directors, remuneration, accountability, and relations with shareholders. more
The Bribery Act 2010 (the Act) was passed to ensure the UK’s compliance with the Organisation for Economic Co-operation and Development's Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and came into force on 1 July 2011. It is designed to provide an effective legal framework to tackle corruption in both the public and private sectors. more
Being appointed the director of a company is a big responsibility. It is imperative that you are aware what the duties of a director are and how to ensure you are complying with the relevant regulations. more
Many company directors dread their company going into administration, however, if the process is managed correctly, it can work in the organisation’s favour and may even allow it to trade its way back to solvency. more
Have you decided to setup your own business? If so, welcome to the exciting world of the self-employed. Every day will bring about new challenges and you will soon relish in the knowledge that you are the master of your own destiny. However, have you taken a moment to consider how you will legally structure your new venture? There are a number of options available, from a sole-trader to partnership to setting up a limited liability company, and each structure has its own advantages and disadvantages. To help you decide what structure is right for you, here are the options and the benefits each one can provide. more
When you go into business for yourself one of the first things you need to decide is how you will structure your venture. Whether you chose to be a sole trader, set up as a partnership or a limited liability company, it is important to know that there are advantages and disadvantages to each. more