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Topic: Business


  • Should you franchise your business?
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    When thinking about future development, more businesses are now considering the benefits that come with franchising. Any businesses that operate through branches should consider franchising as a strategy for growth and success. Franchising opens up a wider network to businesses, however before considering this route, the business has to be right for franchising. What is… Learn more

  • What is a BIMBO in business?
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    A BIMBO (Buy in/ Management Buy Out) is an acquisition of a business by: An external management candidate (the Buy In); and The existing management team (the Management Buy Out). In the past, Management Buy Outs (MBOs) were popular as finance was available for the existing management team to fund the acquisition.  Less commonplace was… Learn more

  • Paul Stubbs - Litigation
    Cold Weather Damages Small Businesses
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    The UK seems to be turning the corner away from recording breaking cold spring cold weather but there is a tangible effect of this extended cold snap on small to medium sized businesses across the Leicester, Leicestershire and Loughborough region.   The Federation of Small Businesses has presented estimated figures that around £174m has been… Learn more

  • Rebecca Gunn - Residential Conveyancing
    Restrictive Covenants – Are you aware?
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    Are you aware that your property may be subject to restrictive covenants?  A restrictive covenant is basically a promise tied to the land that the owners of that land will not do something in connection with it.  Common examples of restrictive covenants are not to keep a caravan on the property or not to run… Learn more

  • George Osborne to announce cuts in his Budget Statement today
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    The UK is expecting the announcement of more cuts in the chancellors Budget statement today as he tries to revive the economy. The Budget, which will be announced at 12:30pm is expected to outline cuts of up to 2% in government departments. The Chancellor intends to use this money to boost projects on infrastructure and… Learn more

  • Partnership Agreements
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    A good business partnership, like marriage, is built on trust and commitment. A partnership agreement is written to reflect and maintain that mutual trust and commitment between partners over time.If you are considering setting up a business with a partner, it is strongly advisable to have a partnership agreement in place. An agreement will clearly… Learn more

  • Paul Stubbs - Litigation
    Defamation by Competitors
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    As your business grows and develops through a difficult economy you may find yourself in a position where a business competitor seeks to inform your target customer / client that you are not to be trusted, instructed or commissioned in order that it may dissuade your customer / client from instructing you. Such activity may give… Learn more

  • Goodwill~ the most valuable asset a business has.
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      “When a man pays for goodwill, he pays for something which places him in the position of being able to earn more than he would be able to do by his own unaided efforts.” ~ Professor Dicksee When selling your business, deciding how much it is worth is one of the main issues you… Learn more

  • Paul Stubbs - Litigation
    Up to 100,000 firms could have been mis-sold interest rate swaps
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    Last week we provided an update on the Financial Services Authority’s review into the mis-selling of interest rate swap agreements. Business Secretary Vince Cable has now said up to 100,000 firms could have been mis-sold interest rate swaps and UK lenders are expected to face a compensation bill of at least £1 billion as a… Learn more

  • Douglas Wemyss - Commercial Property
    The Bank won’t lend your business money? Why not ask your own pension fund?
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    If your Business needs an injection of capital and the banks won’t help. Have you considered borrowing money from your own pension fund? As long as the loan you make, is on commercial terms your business can usually borrow what it needs from your own Self invested Pension  (SIP) and both the business and the… Learn more

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