Revenue is vanity, cash flow is sanity, but cash is king

Cash flow is the lifeblood of your business. If you are receiving less cash than you are spending, you cannot meet your immediate needs and you could risk insolvency. Due diligence and well drafted terms and conditions can reduce the risk of negative cash flow. Some challenges for small business There is a never-ending list […]

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I am business owner forced into litigation by the wrongdoing of another – can I recover damages for lost staff time?

Potentially. Where staff must be diverted from their usual tasks, damages for significant disruption caused to the business may be recoverable. This must not be confused with time spent by your staff preparing for court proceedings. Damages for business disruption will not extend to time “lost” building your case against the Defendant. They are limited […]

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Questions on Franchise & why is it right for you?

Had enough of your regular 9-5pm job, had a baby and can’t face returning to work or just bored and need a new challenge. A Franchise arrangement can open a whole new world to you, but are you genuinely ready and capable of successfully embracing a new business? Are you too old? Never, you can […]

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Divorce: What happens to your pension?!

A pension feels very personal and the thought of your ex-spouse acquiring a share now and/or in the future can be disturbing. If an agreement cannot be reached between you and your spouse, and there is no pre-nuptial agreement, a sizable pension can lead to a lengthy and protracted court battle. We have experienced a […]

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On Divorce Day: is your business protected?

The first working Monday of the year is dubbed Divorce Day by family lawyers, but if you’re in business with your partner, things can get complicated. A divorce is one of those things you don’t anticipate, plan or want to be party to. It’s tough to go through, especially when children are involved, but throw […]

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Brexit: Should we be worried?

A City Law Firm – Awarded ‘Innovative Law Firm of 2016 London’ We pride ourselves on being the ‘leading entrepreneur law firm in the City of London’, offering our clients alternative options, out the box ideas as well as traditionally sound legal advice. What does 2016/2017 hold for you and your business? I am not […]

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What is IP and why do I need to protect it?

So you’ve come up with an awesome idea for a startup. You know that you have the potential to be the next big thing. So you look at your budget and break down where you need to spend – be it marketing, networking events, hiring of staff or technology… but how safe is your very […]

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Commercial Leases

Entering into a commercial lease is a fact of life for many businesses but failing to obtain proper advice before doing so can have dire financial consequences. By seeking assistance from our commercial property team at A City Law Firm we can help remove the uncertainties and flag up legal pitfalls. As we act for […]

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Franchises and Commercial Leases

Franchising is a popular way of quickly growing a business and sharing the successful blueprint of a good product, service or idea. If you have a strong business brand which is suited for development as a franchise model i.e. it is a profitable business that has a proven track record and a broad appeal that can be replicated, finding franchisees may […]

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Protecting Confidential Information

Are your trade secrets safe? Confidential information is non-public privileged information pertaining to a company’s business. Such information can include, trade secrets, proprietary information, know-how, technical, business or financial information and personal information. Are you worried that an employee will leave and take confidential information with them to benefit your competitor? Employees can be bound […]

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Top Tips to Attract Investors

How much control can you afford to relinquish?  It is essential you decide on this early on , as it is very easy to accept an investors terms when they are offering you a much needed cash injection. What level of control do you need to retain to be able to operate your business on a […]

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Empty Judgments…insolvent defendant?

Empty Judgments: What to do when faced with an insolvent defendant company. It is a claimant’s nightmare: succeed in obtaining a judgment against a defendant company only to find that the company is insolvent or does not have sufficient means to satisfy the judgment debt. This is what is known as an empty judgment, which […]

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Do your T&Cs do what you want them to?

Terms and Conditions (Ts & Cs) are an essential part of all businesses. They should provide clarity for customers and strike a fair balance to encourage business while offering you sufficient protection from the distraction and cost of disputes. Inadequately drafted and you could find yourself facing serious problems such as cash flow problems, business […]

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What’s in a name? Just Google it! 

Google has become so renowned and ingrained in our daily lives that it’s the first thing that pops into your head when you want to know the answer to almost anything. “Google it” has become an in-built reaction to being asked a question you don’t know the answer to. Why then, would this tech giant choose to change their […]

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Market Value of your Business

What I have observed in practice is that many businesses overlook the fact that fundamentally IP is a business asset.  Where the asset is protected by law and exclusive to you its value increases as does the business. IP can create an income stream for your business.  How? Licensing, patenting and commercially packaging IP as […]

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The effect of: Consumer Rights Act 2015

Christmas lists have been created and movies, music and apps for loved ones are now being sourced & downloaded. Business will be booming for digital moguls, but be aware the amended rules give your consumers protection never before bestowed. The Consumer Rights Act 2015, is in place to protect consumers of goods and services provided […]

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Are you a shadow director, does it matter?

It is important that all business owners and those contemplating commencing a business are aware of the issues surrounding shadow directors and how someone may accidentally become one. What is a shadow director? A shadow director is someone who is not a registered director of a company but exercises control or influence over a business […]

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Raising capital: Crowdfunding

Crowdfunding is a new phenomena for businesses to raise capital by selling their equity to a large number of individuals, typically over the internet. Crowdfunding is also used for raising funds for individual projects or campaigns. The practice of Crowdfunding is popular in the USA and is now beginning to gain momentum in the UK. […]

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Franchise Agreements

Have you been offered a franchise or do you need to renew or sell yours? If so, let our team assist you, with clear and swift legal advice. We offer comprehensive advice for a fixed fee, which remain competitive and are also transparent. We will take you through the terms of the agreement, advise you […]

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Do you need to apply for an injunction?

An Injunction is an equitable remedy in the form of a Court Order that usually requires a person to do or refrain from doing something. However, they may also require a person to positively do something to prevent what would be unlawful conduct leading to damage to the claimant. Injunctions are discretionary remedies and it […]

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Infringement of IP Rights

Q: What is Intellectual property? A: Intellectual Property (IP) ascribes the legal right that exists in products of human creativity. IP is divided into two categories:  Industrial property, which includes inventions (patents), trademarks such as your logo, company name or slogan, industrial designs; and Copyright, which includes literary and artistic works such as novels, poems […]

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Protecting your business name/brand

Whether you are operating your business as a sole trader, partnership, LLP or limited company you will have given it a name. You may well also have developed a logo, which together will be used to distinguish your business from your competitors. A considerable amount of time and money can be spent creating your brand identity […]

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Is Your Company Formed Correctly?

It is important that your company is correctly formed. Most companies intend to be limited by shares, but you will be surprised by the frequency of companies ‘accidentally’ set up to be limited by guarantee.  Is your company correctly formed? It is important that your company is correctly formed. Most companies intend to be limited […]

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Is Your Business Website Lawful?

Business website: What should it contain? Your business has a website, have you ensured there are no restrictions or requirements that you should display? If your business operates a web-site which is used to market your business i.e. advertise services or goods or actually sell goods or services online (whether it is to other businesses […]

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