What is the PSC Register? From April 2016 all private companies and LLPs have been required to maintain a Persons of Significant Control (PSC) Register. This is a record of the people who own or control the business which is available for public inspection. Notably, it does not replace the registers of directors and members, … Continue reading Do you have a PSC Register?
On 26th March 2015, the Small Business, Enterprise and Employment Act received royal assent. This Act aims to encourage more SME start-ups by reducing the barriers that they face in their drive to innovate, grow and compete. How does this affect you? You may be surprised! Small and medium sized enterprises make up 99% of … Continue reading The Small Business, Enterprise and Employment Act – How will affect you?
Deciding to set up your own business can be an exciting yet daunting experience. You’ve come up with your business plan, but do you know what medium your business will take? Are you going to go it alone as a sole trader? How about a partnership? Maybe register as a company limited by shares? This … Continue reading Which business medium is best for you?
This blog is not intended or designed to provide legal advice. The content on our blog is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content … Continue reading Limited Liability Partnerships: a new way forward?
At Northumbria Law School’s award winning Student Law Office, students are exposed to working with real clients including dynamic local businesses, under the supervision of qualified solicitors. Current law Students James Warnock and Jaimie Hill have recently been assisting one such company, FIRST Face to Face Ltd, by providing it with free legal advice and … Continue reading FIRST class legal advice
Commercial awareness is both a flexible and elusive term. Perhaps it could be defined as the following: “an awareness of business trends, strategies , successes, failures, threats, opportunities , events and a knowledge of entrepreneurship.” For commercial lawyers, possessing the quality above is essential. A lawyer in a commercial context must have a firm grounding … Continue reading 10 TED talks to make you commercially aware