Running a business

Recently added Tips & Advice

COMPANY LAW - 21.10.2020

New company rescue procedure up and running

One of the measures introduced by the Corporate Insolvency and Governance Act 2020 was a new reconstruction plan to help companies survive the financial impact of the pandemic. The first such plan has recently been considered by the court. When can a reconstruction plan be proposed and what’s involved?
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DATA PROTECTION - 21.10.2020

£60,000 fine for unsolicited text messages

Direct marketing. The Information Commissioner’s Office (ICO) has announced that it has issued a monetary penalty notice for £60,000 to a small business, Digital Growth Experts Ltd (D). According to the ICO, between 29 February and 30 April 2020, D sent unsolicited text messages to 16,190 individuals promoting a particular brand of hand sanitiser, claiming that it was “effective against coronavirus” . ...
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LANDLORD AND TENANT - 21.10.2020

Commercial Rent Arrears Recovery changes

Statutory right. Commercial Rent Arrears Recovery (CRAR) came into force in April 2014. It is a statutory procedure which allows landlords of commercial premises to recover rent arrears by entering premises, taking control of the tenant’s goods and then selling them. CRAR applies to a commercial tenancy regardless of whether any reference is made to it in the agreed lease. ...
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TRAVEL COSTS - 08.10.2020

Carry on cutting travel costs

You’ve been asked to shrink the travel budget. This can be done in one of two ways and coronavirus has actually made the more effective one easier for you. What can you save?
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UTILITIES - 08.10.2020

More handwashing but save on water

If staff are back in their normal workplace they will be washing their hands more frequently than ever. This shouldn’t be discouraged. So, where else could you reduce consumption and save money?
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OFFICE COSTS - 08.10.2020

Dishwasher savings

To help ensure maximum hygiene, you’ve decided to install a new dishwasher in the kitchen, rather than run the risk of dirty mugs and everyone handwashing items. Which is the most efficient model and what will it save you?
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Running a business

Most read Tips & Advice

COMPANY LAW - 08.09.2020

Benefit from a compensation order?

A disqualified director was ordered to pay over £500,000 to his company’s creditors, in the first compensation order case brought to court since the regime was introduced in 2015. When can compensation orders be made, and why has it taken so long for the power to be exercised?
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COMPANY LAW - 08.09.2020

Two companies, same director

You’ve been approached by another company and asked to join its board of directors. It’s great to be asked but you already hold a directorship at your own company, so you’ll have to turn this opportunity down, won’t you?
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RECRUITMENT - 22.09.2020

New “Kickstart Scheme” for employers

The government has launched a fund to subsidise employers who take on new young employees. Is this something to take advantage of?
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