why a shareholders agreement is important

5 Top Tips If Starting A Business With Friends And Why A Shareholders Agreement Is Important

Linkilaw Legal Documents

“All Lasting Business Is Built On Friendship” – Why A Shareholders Agreement Is Important When Starting A Business With Friends. A very familiar founders path is to start a business with friends.  Hell, why not?  You want to work with people you know well, can trust and (hopefully) will enjoy the journey with; but why a shareholder agreement is important?  …

key legal documents when selling a business

What Are The Key Legal Documents When Selling A Business?

Linkilaw Business Finance, Legal Documents

When selling a business, it makes sense to present your business at its best. Your contracts are extremely valuable. By planning your sales strategy and ensuring that you have key documents prepared, you will strengthen your negotiating position and be more likely to secure key commercial terms. If your key documents are not up to scratch then you risk of …

NDAs

Keep It Secret, Keep It Safe: Non-Disclosure Agreements

Linkilaw Company Law, Legal Documents

Businesses And Confidential Information Some secrets are kept for good reason, and nowhere is this more true than in the business world. Companies tend to forget that their intellectual property is one of their most valuable assets. With that in mind, protecting any information about the business affairs is important if the company wishes to avoid any unwanted competition, a …

essential legal documents

The Essential Legal Documents Your Small Business Needs

Linkilaw Legal Documents, Startup Advice & Tips

‘ An Ounce of Prevention is Worth More Than One Million Pounds of Cure’ (David Agus) At the start over 2016, SME’s accounted for 99.9% of the 5.5 million private sector businesses in the UK. Overall, it cost 18.2 billion in legal fees for all the private sector businesses to become legally compliant – that’s £14,800 each. The Federation of …

Sorting your data privacy policy once and for all.

Sorting Your Data Privacy Policy Once And For All

Linkilaw Legal Documents

If you’re like most entrepreneurs, then there’s definitely an element of your business which runs online. Building a website for your business isn’t an easy feat. You’ve got a number of things to worry about – the user experience, the interface, the cost of running the website and more – including your legal obligation to protect the privacy of your …

avoid a legal battle

5 Ways To Avoid A Legal Battle

Linkilaw Company Law, Legal Documents, Startup Advice & Tips

Starting a business can be exciting and unpredictable. There are new people to meet, money to make and markets to revolutionise. However, one thing every startup wants to avoid are expensive and time consuming legal battles. Litigation is completely unnecessary and totally avoidable. Listed below are the key legal weapons you can use to defend your business in a legal …

partnership agreement

Breaking Down A Partnership Agreement: Why You Should Never Use Partnership Agreement Templates In The UK

Linkilaw Company Law, Legal Documents

What Is A Partnership Agreement? A partnership agreement is an agreement between you and your partners. It lays out the framework of the partnership by detailing the duties and obligations of the partners to each other to ensure the partnership is effective. Why Do You Need A Partnership Agreement? It’s pivotal to have a written partnership agreement because it sets …

confidentiality agreement

Important Things To Include In An NDA Or Confidentiality Agreement

Linkilaw Legal Documents

Protecting your assets from theft is not just about installing security cameras or buying a repository safe; the greatest losses can actually come from having your immaterial, intellectual property (IP) stolen from you. This is why we are big advocates of signing a non-disclosure or confidentiality agreement, a legally binding contract that is intended to secure and protect your intellectual …

shareholder agreement

Shareholder Agreement: FAQ’s

Linkilaw Legal Documents

A Shareholder Agreement is one of the most fundamental agreements in a founders arsenal. With many Shareholder Agreement Templates available to founders, it can be hard to know what you should be looking for in a Shareholder Agreement. However, Shareholder Agreement Templates should be avoided at all cost. Let’s go over what a Shareholder Agreement is and why Shareholder Agreement …

The Legal Requirements For An Early Stage Startup

Linkilaw Legal Documents, Startup Advice & Tips

First, pat yourself on the back. If you’re reading this, you’re taking the rights steps because you’re about the discover the key legal requirements for an early stage startup. We deal with a depressing number of startups that have neglected their legal work and come to us needing a lawyer to sort out a mess they’re in. Whether it’s a …