One of the most important factors behind the success of every startup and scaleup is adequate funding. Without it, the business won’t be able to move to the next stage of its development. Fortunately, for businesses operating within the United Kingdom, there are plenty of support and UK startup funding options for a businesses with plans to grow. Here, we look at some of those options, as well as the importance of seeking sound legal advice throughout the funding process and the business lifecycle. Government UK Startup Funding Options When looking for business funding, the first place to look should…

Settlement Agreement Advice – The JPP Law Process To arrange a consultation with a qualified and experienced settlement agreement solicitor please complete the steps below. Step 1: Complete the online form below Step 2: We will then request further information namely, a copy of your settlement agreement and two forms of identification. Please note for compliance puropses we NEED this information before we speak with you.  If we don't have ALL the required information, we may need to reschedule your appointment time. Step 3: Once you email the documents, you will immediately receive a link to book an appointment with…

If you are being are redundant and have been offered an enhanced exit package which is to be formalised by a redundancy settlement agreement this Q&A will be of interest. If you need settlement agreement advice talk to JPP Law. Our experienced settlement agreement solicitors provide remote legal advice over the phone or video call. It's easy to book via our online system (same day appointments often available) and it's a fast turnaround on the paperwork. For more information visit: Settlement Agreement Advice What is a redundancy settlement agreement? A settlement agreement is a legal contract between you and your…

In March 2023, the UK government launched the International Technology Strategy with the goal of transforming the UK into a tech superpower by 2030. In doing so, it promises to work closely with governments, academia and industry to create international partnerships with emerging science and technology nations, create jobs and opportunities for tech businesses across the country. This move should help businesses looking to launch innovative technologies in the coming years, but what other advantages exist for tech companies looking to launch products in the UK. Fostering tech excellence The UK is ranked fourth in the Global Innovation Index for…

With predictable revenue streams, it is understandable why a subscription business is attractive. Recent years have seen the launch of various innovations, such as monthly recipe boxes, coffee pods or health products, with numerous digital apps adding to established subscription services such as magazines or a wine club. Online trading platforms, such as Shopify or Kofi, make it easy to set up a new business and the subscription model has taken on new life, but there is a web of legal considerations that businesses need to comply with. As yet, there is no prescribed ‘subscription law’ but this area of…

Enterprise Management Incentive Schemes ( EMI Schemes ), offer significant tax benefits for both companies and their employees by granting the right to shares in the company to employees in the most tax-efficient way (geared towards attracting and retaining employees).  Now the Government has brought in changes to the EMI qualifying conditions, aimed at simplifying the administration of these schemes.  Would your business qualify? Request the EMI Eligibility Questionnaire using the form at the bottom of this page. What has changed and what has JPP Law done to adapt?   Several important changes are now implemented in JPP Law’s Share Option…

Wherever a business is in its lifecycle, funding is a critical factor in driving growth and, ultimately, success. Many businesses do this through venture capital. In this article, we explore the pros and cons of venture capital, particularly in terms of seed, scaleup and series A funding and how these forms of venture capital can provide the resources and expertise to maximise the potential for success. The Pros and Cons of Venture Capital Funding Advantages of venture capital funding In the earliest stage of any business venture, funding can be one of the biggest challenges. Securing a loan for an…

A robust set of terms and conditions are essential for every business, allowing you to clearly outline the products or services you are selling, the terms on which you are selling them, and the steps that will be taken if things go wrong. Not only is it vital to get your terms and conditions drafted properly by a legal professional from the outset, it is equally important to review them regularly to ensure they remain fit for purpose and protect your business interests. Whether you are a startup or a long-standing business, your organisation’s terms and conditions form the basis…

Peer-to-peer (P2P) lending has become increasingly popular with entrepreneurs and small business owners as an alternative to a traditional bank loan for a startup, or to fund an existing business venture. Loans are typically offered via a website operating as a P2P marketplace, using financial technology, to connect borrowers directly with investors. In doing so, the middleman – the financial institution – is removed from the process. In the case of a P2P loan, an investor opens an account and deposits money which is dispersed in the form of loans. The investor’s goal is to achieve a better return on…

There is a lot to consider when buying a business. It can be a complicated process, so you want to be thorough when researching what you’re getting for your money. Here we look at the top ten questions you need to ask to make sure it’s the right decision and to avoid unexpected problems arising once you’re at the helm. Why is the business for sale? This might seem like an obvious question to ask, but one reason the business is for sale could be because it isn’t doing well, or there are issues coming down the line that will…