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 [...]
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 [...]
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, [...]
I grew up in London and studied law at Queen Mary University where I graduated in 2015. I gained experience as a paralegal between 2017 and 2022 in various areas of law working for firms and in-house. I obtained a training contract and particularly enjoyed [...]
Whether you are an experienced business owner or a new kid on the block looking to start your own business, having an expert Commercial Lawyer by your side is imperative. A Commercial Law expert will be able to help with the sale or purchase of [...]
It is a common misconception that the founder of a company will always have the final say in how the business is run. In fact, this is only the case if they are also a Director. Whilst the Shareholders own a company, the Directors quite [...]
At Backhouse Solicitors our commercial law experts often see businesses with no formal shareholder or partnership agreements in place. Unfortunately, this lack of documentation only really becomes an issue at a crunch time for the business when problems are starting to occur, and it is at this [...]
