Implications of taking out loans and credit for your business

Implications of taking out loans and credit for your business

Linkilaw Business Finance

Borrowing and lending money has legal implications on both parties in the business transaction. On the one hand, the borrower needs to repay within stipulated timelines. On the other hand, the lender also needs to go by the agreed terms and conditions. For instance, he or she has no power to demand an earlier payment than the one accepted. Conversely, …

Written Statement Of Employment Particulars

Written Statement Of Employment Particulars: What’s Changing?

Linkilaw Employee Regulations

April tends to be a busy time in the year where employers are usually required to implement or modify something in line with any new legislation. But 2020 is expected to be more hectic than normal with a large number of new regulations being in place. One of these will apply to the written statement of employment particulars and therefore, affecting …

Employees and contractors

Employees and contractors: which do you need?

Linkilaw Employee Regulations

Employees and contractors often work side-by-side at the same company, even doing the same or similar work. That’s why we usually see some misclassifications and owners having trouble deciding what is best for their business. However, there are very important legal differences between the two, going way beyond the job title. Employment status affects employment benefits, tax implications, liability, etc. …

Chatbots: Key Legal Issues And How To Mitigate Them

Linkilaw Legal Advice

We’ve seen a significant increase in the use of chatbot technology in 2019 and we expect to see further growth in deployment and development throughout 2020. If your business is using a chatbot solution or you’re interested in implementing this technology next year, you should be aware of the legal issues associated with it and how to mitigate such issues. …

How to respond to Data Subject Access Requests (DSARs)

How to respond to Data Subject Access Requests (DSARs)?

Linkilaw GDPR

As a business owner, one of your obligations under the GDPR is to manage Data Subject Access Requests (DSARs). There are a number of challenges that such requests present to organisations, especially if you don’t have the right processes in place, due to individuals being more aware of their rights and more concerned over the privacy practices of companies. What …

8 Owner Liability Issues When Buying a Business

8 Owner Liability Issues When Buying a Business

Linkilaw Legal Advice

Buying someone else’s business is always a challenging process. You have to consider every aspect of the targeted business and think through potential issues that may occur along the way. The ideal situation is to buy an expanding business that the current owner is not able to scale properly, but this is not the most common case. On the contrary, …