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Thinking of selling your business ? - what to expect if you are

13/05/2014

This note covers the steps in the transaction once heads of agreement (sometimes called ‘heads of terms’) have been signed. Many people selling their business assume, quite wrongly, that as soon as the heads of agreement are signed all the hard work is done. This is not the case and the period from signing heads of agreement to completion can place very heavy burdens on the owner of the business who, it should not be forgotten, has to continue to run his or her business during this period. Typically, the period from signing heads of agreement to completion will be six to eight weeks, although this can be much more or less in any particular case.

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Changes to Employment Law in 2014 – What all employers need to know

02/05/2014

Employment law is complex and changes rapidly. Many employers find the list of legal rights and responsibilities daunting and difficult to deal with, but complying with the law and looking after staff will make your business more efficient and more profitable. Getting it wrong could cost you time, money or lost profitability. 2014 has already seen a number of changes to employment law for employers and more changes are afoot. Employers should start preparing for employment law changes coming into force and be aware of the challenges facing their business to deal with changes to employment tribunal procedures, the right to request flexible working and the introduction of the Health and Work Service.

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