Legal Advice For Small Business Owners: The Essentials

Legal Advice For Small Business Owners – The Essentials

Tosin Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

Small businesses accounted for 99.3% of private sector businesses at the start of 2017 and 99.9% were small or medium-sized (SMEs). Want to be part of this business owners’ world? Are you a business owner wanting to avoid mistakes? Don’t know where to start or what you need? Here are the essentials for those seeking legal advice while starting their …

SEIS Advance Assurance: New Law You May Not Be Aware Of

SEIS Advance Assurance: New Law You May Not Be Aware Of

Tosin Business Finance, Legal Advice, Legal Documents, Startup Advice & Tips, Startup Funding

Many startups do not know that SEIS Advance Assurance requirements have changed. Are you one of them? The sooner you comply the sooner you can secure your investors. What is SEIS Advance Assurance SEIS is designed to help your company raise money when it’s starting to trade. It does this by offering tax reliefs to individual investors who buy new …

Business Dispute: When Should I Hire A Lawyer?

Business Dispute: When Should I Hire A Lawyer?

Tosin Company Law, Entrepreneurship, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

When should you hire a lawyer? Hiring a lawyer is not an extravagant expense but a cost saving one. What you should do before hiring your lawyer: Know your needs Would you prefer to go to court or stay courteous? Trust your lawyer Do they take the time to teach you about the legal context of your business? Do they …

Legal Documents Online: A Compliance Checklist For Small Businesses

Legal Documents Online: A Compliance Checklist For Small Businesses

Tosin Business Structures, Entrepreneurship, Legal Documents, Small Business, Startup Advice & Tips

You are ready to launch your business but you don’t know which document you need or how to get it. You want to be sure you have everything necessary to save you a world of hurt. Need a compliance checklist? Here it is! Which documents do you need? The Memorandum of Association – Articles of Association – Certificate of incorporation …

FAQ - Seed Enterprise Investment Scheme

FAQ – Seed Enterprise Investment Scheme (SEIS)

Tosin Business Finance, Entrepreneurship, Founder's Post, Legal Advice, Startup Advice & Tips, Startup Funding

What is SEIS? SEIS is designed to help your company raise money when it’s starting to trade. It does this by offering tax reliefs to individual investors who buy new shares in your company. What can you claim? You can receive a maximum of £150,000 through SEIS investments on which your investors can claim relief. An can claim an income …

The Importance Of Data Flow For GDPR Compliance

The Importance Of Data Flow For GDPR Compliance

Tosin GDPR, Internet Security, Internet Technology, Legal Advice, Legal Documents, Legal News, Online Business, Small Business, Startup Advice & Tips, Startup News, Technology

We can assist you in creating a Data Flow Summary for your business. As a startup, you are more flexible and can comply at a faster rate than large companies to GDPR. Let Linkilaw follow your information flow! What Does Data Flow Mapping Mean? Mapping data enables you to record your information flow. An information flow is a transfer of …

Horror Stories: Never Use A Breach Of Contract Template

Horror Stories: Never Use A Breach Of Contract Template

Tosin Legal Advice, Legal Documents, Small Business, Startup Advice & Tips, Technology

What you don’t want to pay for is any routine work, but you are willing to pay for experience. Thus, you shouldn’t use a breach of contract template. Putting a legal template in the hands of a non-lawyer is somewhat akin to giving a ball to someone who never has had any training. He will know how to shoot in …

Business Dispute: How To Negotiate

Business Dispute: How To Negotiate?

Tosin Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

Negotiation is a part of everyday life, but negotiation is even more important in case of conflict. Dispute brings up concerns about the cost of litigation, loss of reputation and loss of time and energy. In case of a dispute, negotiating might allow you to avoid these costs or, at the very least, mitigate them. What do you need to …

FAQ - Share Transfer Agreement

Share Transfer Agreement – FAQ

Tosin Entrepreneurship, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips, Uncategorized

Shares can be transferred at any time and you need to know how the situation will be handle. Here are the essential for those seeking legal answers on Share Transfer Agreement. How to Transfer A Share: A transfer of shares, also known as a stock transfer, is the process of changing ownership of shares from one shareholder to another in …

Tag Along Drag Along Rights Explained

Tag Along Drag Along Rights Explained

Tosin Company Law, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

There are many different aspects of a Shareholders’ Agreement. This is to explain what Tag Along and Drag Along rights are. What are Tag Along and Drag Along Rights? A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder or group of shareholders if they find a buyer …