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How to insert wording into your terms of business to get directors of a limited company to personal guarantee payment of fees?

Here is a typical business problem sent to me by a firm of accountants: “A client owes us a significant amount of fees but his company has no assets. I understand that we cannot take action against the directors personally to recover the debt. However, we would like to put a paragraph in our engagement [...]

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Top 7: Deadly Sins of a Business Sale

To build a business takes a free spirit, determination and a certain bloody mindedness. It is not easy. And when you finally are ready to sell the business, it may seem like the sweet final yard of the proverbial ‘thousand mile journey’. Ironically, the strengths that carried you to the final yard can be key [...]

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“A good Shareholder Agreement is like a fence at the top of a cliff, which stops company owners from falling over the edge and into the hands of lawyers who wait in the ambulance parked beside the rocks below.

This book explains in easy to understand language what a Shareholder Agreement does, the common clauses it contains and when it is best to put one in place.”

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