There are many aspects of the law with which businesses and their directors must comply, or information that you must make available, it is hard to keep track of it all and that is where Four Oaks Legal Services can help.
Ignorance is no defence
There are registrations for VAT, insurance requirements, registrations with the Information Commissioner to handle personal data, to say nothing of managing the relationships with those that work for you, either as employees or sub-contractors and being ignorant of your legal obligations is unfortunately, no defence.
At Four Oaks Legal Services we encourage business owners to seek our legal advice ideally before they set their business up and start trading. This forward planning ensures that the business and share ownership is structured correctly and the probability of legal disputes in the future are anticipated. Seeking legal advice from the start makes legal issues more straight forward, faster and therefore cheaper to deal with, than trying to do this retrospectively.
Customers and suppliers are essential
Every business will have customers and suppliers, because these are essential elements of any business. Whether selling business to business (B2B) or to the public (B2C) you will be selling something to your customer and buying something from a supplier. If you have a clear understanding of the basic legal principles you must comply with and properly prepared terms under which you trade your products or services, then you will be able to quickly extinguish any spurious legal arguments. You will also have the law on your side if a dispute escalates.
Late payment concerns?
In a growing economy where trade is flourishing, all may seem well. In difficult times, badly run businesses can show their failings. You may find yourself with a supplier that is late in delivering or customers that are late paying you. Seeking legal advice as early in the process as possible will ensure a more timely and cost effective resolution.
Contact us for advice on the law and how it applies to:
- Company formation
- Memorandum and Articles of Association
- Mergers, acquisitions and disposals of businesses
- Business re-organisation
- Distribution agreements
- Supplier relationships
- Customer relationships
- Shareholder agreements
- Employment terms with policies and procedures
- Partnership agreements
- Terms and conditions of business
- Late payment of commercial debts
- Outsourcing issues
Our solicitors have worked with many businesses, large and small and helped them with their legal obligations and issues. Please see our Testimonials page.