Why Small Businesses Prefer To Be Acquired

Linkilaw Business Finance, Business Structures, Buying a Business, Legal Advice, Online Business, Record Keeping & Taxes, Small Business, Startup Advice & Tips

    Research done by the Silicon Valley Bank shows that most UK startups are aiming to be acquired.  An acquisition is the most popular exit strategy for startups and has a lot of benefits for both the buyers and the sellers of the company. An acquisition can help expand the market and the resources of the selling company. On …

Interview with the Managing Director of Player LENS Ltd., Lee Hemmings

Linkilaw Small Business, Uncategorized

Meet Lee Hemmings, the Founder and Managing Director of Player LENS Ltd.  Player LENS is revolutionising the professional football transfer market through the use of technology. What does your company do? Lee: Player LENS is an online digital platform for the professional football transfer market allowing clubs and players to broaden their network and increase their exposure to a global …

The Different Business Agreements And Breaches That You Should Be Aware Of As A Business

Linkilaw Business Finance, Business Structures, Buying a Business, Company Law, Legal Documents, Shared Resources, Small Business, Startup Advice & Tips

  When entering the business world it is important that you are aware of the different business agreements that are needed in order to run your company. You don’t have to be a legal expert, however, you do need to have a basic understanding of how the law works in relation to your business. A lot of jurisdictions around the …

Protecting Intellectual Property and Why You Need To

Linkilaw Intellectual Property

A lot of founders when they first start a business do not see protecting their intellectual property as a priority. However, if your business is substantially based on your trade secrets it may be necessary for you to do so. If it gets stolen and it is not protected it would be extremely difficult to get any kind of remedy …

Reasons Why You Might Want To Sell Your Company

Linkilaw Business Finance, Buying a Business, Startup Advice & Tips

Selling your company is not something that should be taken lightly. Before you sell your business you should think deeply about why you want to sell your company and how it will impact your life if you decide to do so. Whether you’re an innovative emerging tech company with Silicon Valley aspirations or a family run bakery, the process of …

Entrepreneurs’ Relief: What is it? Who does it affect?

Linkilaw Entrepreneurship, Entrepreneuship

Overview Entrepreneurs’ Relief is a capital gains tax benefit available to business owners, partners, and some shareholders. In most circumstances, company owners who sell residential property have to pay a 28% tax on the gains made in that sale. Other assets that are sold will have a capital gains tax of 20%. Those eligible for Entrepreneurs’ Relief are instead taxed …

Law, Technology & Time For A Change

Linkilaw Legal News

Technology is as natural (some say important) in our everyday lives as the wind, rain and sunshine.  It’s also bringing an acceleration of change into every sectors, revolutionising industries and restructuring the way that whole markets operate. Until recently, law was resolutely resisting change.  A conservative space with incumbents happy to retain the status quo, there was no internal drivers …

The 12 Biggest Legal Mistakes That Startups Make

Linkilaw Business Finance, Entrepreneurship, Legal Advice, Legal Documents, Terms and Conditions

  They neglect the basics    It is important that any startup has the necessary legal documents in place from as early on in the company as possible. This means having shareholders agreements, co-founders agreements and other necessary agreements needed in order to launch the company. Being legally secure will prevent further implications in the future. It is easy for …

Major Tips On How To Support Your Co-founders

Linkilaw Entrepreneurship, Small Business, Startup Advice & Tips

Tip #1: Let them lead When building a startup often co-founders would want to do everything themselves. However, this will often lead to fatigue and burnout. The whole point of having a co-founder is to have a partner along with you on the journey of your new business venture. This means that you can’t do everything by yourself and it …

10 Signs That You and Your Co-Founders Are In Alignment

Linkilaw Small Business, Startup Advice & Tips

“Having the right team determines the path and outcome of a new venture more than any decision in the lifecycle of a company”: Bernd Schoner, co-founder ThingMagic.  Many founders overlook the importance of building a great team and fall into the trap of working with and employing people who might initially support their idea but who in time, are not …