A holding company is essentially a parent company that does not directly engage in business operations but instead holds the controlling stock or assets of other companies. Therefore, they do not produce any goods or services themselves, and often their main purpose is to deal [...]
With any purchase or sale of a business, there are many aspects to consider, such as the price for the business, the due diligence that should be undertaken, and whether it will be an Asset or Share sale. It is also essential to understand the [...]
Buying or selling a business is an exciting process but it can be overwhelming to know where to start. Good planning and preparation can help to ensure that the transaction runs smoothly and efficiently, with minimum disruption to the business. It is also important to [...]
Help is at hand for Company Directors. Disputes can arise between directors while running a business. Here at Backhouse, we can advise the Company and its remaining directors when a dispute arises with a lone director, or conversely, we can advise you if you are [...]
As the financial year ends, many employers will be assessing their budgets for the upcoming year and are currently facing the challenge of increasing overheads. As a result, we are seeing employers tightening their belts and making redundancies. If staffing cuts are necessary, affected employees [...]
If you are looking to expand your business and brand and are thinking about franchising as an option, there are a few things you should consider. This method of expansion requires careful planning and strict legal processes to become successful so it’s important to do [...]
Starting a business can be challenging and if you are looking to mitigate the risks involved when starting from scratch, franchising could be the right solution for you. Buying a franchise takes some of the guesswork out of opening a brand-new business because it provides [...]
An injunction is used to either order a party to or prevent a party from taking a specific action. Injunctions offer swift and effective relief in various disputes, including commercial conflicts, family law, employment issues and more. In this article, we will take you through [...]
Joint ventures are a business arrangement between two or more companies with the aim of reaching a specific goal without compromising their legal identities. This allows companies to share resources, knowledge, and risks and are a popular way to increase expansion, often into new markets, [...]
When a loved one passes away, it is a very difficult and emotional time and unfortunately, there is also a legal process of Probate and Estate Administration that must be followed to settle their affairs and distribute their assets. The length and extent of this [...]
