Articles related to ‘Business’
Thursday, 3 March, 2011 | James Johnston
The fast approach of March 31st signals yet another time for making sure your business is in good financial shape to make the most of any opportunities that arise during the next financial year.
Is your cash flowing?
A vital part of any business is cash flow. It seems obvious that to survive in business, you need to keep the cash coming in. However, this doesn’t just mean… Continue reading
Tuesday, 1 March, 2011 | James Johnston
Are you thinking about re-branding your business? If you are, you should be aware that the financial implications of your decision are potentially not limited to the costs of changing your letterhead. You may actually be under-estimating, and later under-realising, the value of your current brand.
Take, by way of example, Dave.
Dave is a painter who wanted to jazz up his branding. He had been trading… Continue reading
Monday, 28 February, 2011 | James Johnston
Does your business have a catchy name and/or clearly identifiable logo? If you haven’t registered it as a trademark, this could happen to you …
Bill started a very successful retail business and as a result of a quality product, memorable logo and significant exposure in the market, people very quickly learned about Bill’s business and recognised his logo when they saw it.
Shortly after starting his business… Continue reading
Tuesday, 22 February, 2011 | Claire Coe
Renting a car, dealing with insurance companies or banks, entering into an interest free arrangement to purchase goods, even entry onto some websites or downloading information – we make contracts every day. In fact we enter contracts so often, we sometimes overlook that these types of contracts generally require acceptance of standard terms and conditions. Claire Coe provides some useful hints to help avoid signing up for a nasty surprise… Continue reading
Tuesday, 22 February, 2011 | James Johnston
Have you been considering using bikini-clad models on horseback to advertise your business or products? Who could forget the furore when various members of the public complained to the Advertising Standards Authority (“the ASA”) about advertisements from a burger company which employed women in bikinis riding horses and even showering together to appeal to their self-professed target market, the “young hungry male.”
The complaints were upheld and the advertisements… Continue reading
Tuesday, 22 February, 2011 | James Johnston
Recently, when acting for Robert, a client purchasing an existing business, we came across a business owner David (the vendor) who had not thought about intellectual property (IP). This left David trying to sell something that he couldn’t prove he owned! Why? Because, as is the case with many businesses, a significant part of the value of David’s business was intellectual property but he had not thought of it as… Continue reading
Tuesday, 22 February, 2011 | James Johnston
A number of large companies have failed in a very high profile way in recent years, and in the wake of their failure there has been much talk about the role of Directors and, more specifically, Director liability.
Right at the forefront of that discussion was the criminal prosecution of five former directors, including the former-Chair, of Feltex. The criminal charges arose from various acts which appear to have… Continue reading
Friday, 18 February, 2011 | James Johnston
What do Ribena, Adidas and a piece of 4 x 2 have in common? Sounds like the start of a bad joke but the companies involved are certainly not laughing. They have all hit the headlines before for trying to pull the wool over our eyes.
Possibly the most attention of the three examples was given to the advertising of Ribena. As a result, Ribena became something other than… Continue reading
Tuesday, 18 January, 2011 | Alan Knowsley
A liquidator’s job is to obtain all available funds to share on an equal basis with all creditors.
If the liquidator considers that payment to a creditor has given them a preference over other creditors, then the liquidator may file a notice within two years of the liquidation to have payment set aside, and require the return of the funds that were paid to the creditor.
The rules… Continue reading
Tuesday, 18 January, 2011 | Alan Knowsley
There are some significant aspects of the law relating to liquidations and bankruptcies to be aware of. Here is what you need to know.
Voluntary Administration Regime
The voluntary administration regime aims to provide for an insolvent company to be administered in a way that maximizes the chance of the business continuing or at least end in a better result in terms of returns for creditors and shareholders… Continue reading
