Bounce back loan - New help for small businesses 1

Bounce back loan: New help for small businesses

Linkilaw Legal News

The UK government has launched a new help for small businesses, the Bounce Back Loan Scheme (BBLS). The scheme was launched on 4th May 2020 and aims to provide financial support to businesses impacted by the Covid-19 outbreak but can’t access coronavirus funding quick enough. Businesses can apply to accredited lenders by filling out a simple online form. It offers …

Legal tips for moving your business online

Legal tips for moving your business online

Linkilaw Startup Advice & Tips

Businesses around the globe have been challenged as never before due to the coronavirus outbreak, especially those with brick-and-mortar establishments. As a result of these challenges, we’ve seen a great number of companies quickly pivot to carrying out their business exclusively online. The speed with which businesses have been able to adapt is a feat of entrepreneurial spirit to be …

Pros and cons of share vesting

Pros and cons of share vesting

Linkilaw Startup Advice & Tips

This article is the second part of a four-part series dedicated to share vesting. Check out the first article in the series: What is share vesting?  In the last article in our share vesting series, we defined share vesting as the process by which an employee, investor, or co-founder is rewarded with shares or stock options but receives the full …

How to register a new company in the UK

How to register a new company in the UK?

Linkilaw Business Structures

Registration is the first step in creating a company. At first glance, the process is simple and self-explanatory. This simplicity, however, can be deceptive, and failures at an early stage can cause problems further down the line. Both flexibility and efficiency are essential to successful registration. The solution for every new company must be adapted sufficiently to the needs and …

Future Fund the scheme to help UK startups during the coronavirus outbreak

Future Fund: the scheme to help UK startups during COVID-19

Linkilaw Legal News

As part of its ongoing efforts to support businesses that have been seriously affected by the coronavirus and the resulting economic fallout from global shutdowns, the UK government recently established the “Future Fund” and committed £1.25 billion to struggling startups. The Future Fund is the latest in a series of tax and financial measures established by the UK government in …

The practical use of electronic signatures 1

Insolvency rules in the time of coronavirus

Linkilaw Company Law

The outbreak of the coronavirus has seriously affected the UK economy in recent weeks. Many businesses are being confronted with serious commercial considerations while others have been forced to stop trading altogether. On 28 March 2020, the Business Secretary Alok Sharma, provided a lifeline in the form of new insolvency measures to help those people and businesses that find themselves …

The practical use of electronic signatures 3

How to use electronic signatures?

Linkilaw Internet Security

In our technology-empowered world, consumers and businesses need to rely on modern methods for entering into binding contracts and transactions. In strange times such as these, electronic signatures can be key in keeping your business operating by allowing you to complete transactions legally without having to meet the other party in person or leaving your home. In this article, we …

What is share vesting

What is share vesting?

Linkilaw Startup Advice & Tips

Developing a startup can be difficult, particularly with limited access to capital. And when it comes to compensating, hiring, and retaining talent – or finding potential investors – an early-stage startup may not have much to offer. In these types of situations, many startups turn to giving away equity as a tool to attract the right people. However, giving away …

Legal Consultation Checklist

Legal Consultation Checklist

Linkilaw Legal Advice

Disclaimer: We understand that every business has specific needs that must be met. That being said, this is a legal consultation checklist detailing what should be discussed with a business lawyer during your consultation to make the most of it.  In order to ensure the success of your business long term, it is important to make sure you are following …