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A retention of title clause can be a useful way to protect yourself in business if you supply goods on credit, as it provides you with a form of insurance if your customers fail to pay you. Depending on how the clause is drafted you will either have the right to take your goods back or to claim a stake in any money the customer has received from selling them on. Used appropriately they can be very effective.

When entering any sort of contractual relationship it is essential to understand that, as well as those express provisions agreed orally or set out in writing, you will also be bound by a series of terms which will be automatically implied.

If someone takes the time to complain about your business they are clearly disappointed with the service they have received. Recognising this is important if you want to preserve customer relations and avoid a serious complaint ending up in court.

The Insolvency Service says that corporate insolvencies are at a four-year high and that in 2017 nearly 100,000 individuals were declared bankrupt. For businesses left out of pocket when a customer fails, the consequences can be devastating. One only needs to look at the trail of devastation caused by the recent collapse of Maplins, Carillion and Toys R Us to see this.

Founded in 2016 Cromarty Firth Wireless Networks provided a solution to a problem that impacts rural areas across the UK, to the most rural areas of the Scottish Highlands. Cost effective, reliable and fast broadband.

When money owed to your business is not paid on time it can have serious knock-on effects. Resources will need to be devoted to chasing payment, cash flow will be affected and overdraft facilities may have to be extended. Recouping some of these costs from defaulting customers through interest and late payment charges can help to balance the books.

JPP advised Alison Page on purchasing a magazine publishing business. Alison says.

If you are considering setting up a business there are numerous decisions that you will have to make, including whether you will operate as a sole trader, in partnership with someone else or through a company. With the last two options, you will also need to think about the structure of your business.

If you are considering setting up a business there are numerous options about the vehicle through which you can trade.

The internet opens up a whole host of opportunities for new ventures, including the chance to increase visibility and secure new business. However, doing business online is a heavily regulated area which means careful planning is required, particularly where you will be selling direct to the public. In this article, we look at the five key things you need to consider when selling online to consumers.