Preparation is the key to success with most things in life and is particularly important when you are trying to attract a buyer for your business.  This is because any potential acquirer will almost certainly want to carry out pre-purchase checks to ensure that your organisation is legally and financially sound, and it is not saddled with unacceptable debt or unquantifiable liabilities.

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Whether you are planning on using subcontractors for a one-off project or on a long-term basis, there are several steps you can take to safeguard both your business and business relationships.

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Starting any new business comes with a steep learning curve, especially as a founder when you often find yourself wearing all the management hats. This is why it is important to deal with the core legal issues early, so that when the time comes to scale up, your business is ready and in good shape to expand.

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While certain changes are already in place as a result of Brexit, we can expect a continuous stream of legislative reform that will affect businesses and their commercial contracts.

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