Legal health check for your business
As a company, your priority is financial growth and stability. You’ve got your finger on the pulse when it comes to the financial health of your business. At Talbots Law, we’ve got our finger on the pulse of the legal health of your business. We offer a free full legal health check, allowing our clients to focus on their growth and development while providing a safety net across all departments.
As your business grows, its demands change. With this change come new legal obligations that as a business, you must comply with. That’s why we want to provide you with a service that helps you maximise on opportunities and identify weaknesses at an early stage. It’s all about prevention and protection. Our corporate law solicitors will help you get all the relevant documentation and policies in place, ensuring that you comply with current legislation in all aspects of your business.
How can Talbots' legal health check help my business?
From our full legal health check, you’ll receive the peace of mind that your company is compliant across the board. From employment contracts to legal business structures and intellectual property, our corporate law solicitors know their stuff. As well as conducting a full legal audit on your business, we’ll be there to advise on any changes to legislation as your company grows over time. When we team our departments to best assist clients on every aspect of their business, we really come into our own. What we’ll never do is drown you in legal jargon. Our service is always delivered in a way that’s simple and easy to understand. Nothing should stand in the way of your business succeeding, and that’s what we as a business are here to do for you.
How does it work?
Our legal health check for Businesses is a free service we offer to businesses of all shapes and sizes. We aim to identify all the potential pitfalls that companies face and advice on how to protect yourself against them. By working alongside other professional advisors such as accountants, banks, insurers, surveyors and corporate financial providers and advisors to add to the service we already offer our clients.
The process is fairly straightforward. We’ll thoroughly check through all aspects of your business, ensuring that you’re being legally compliant with current legislation across the board and maximising on opportunity where possible.
What do we cover in a legal health check?
We try to be as thorough as possible in identifying the pitfalls that threaten the modern business. See below for a few examples of the kind of questions we might ask.
Do you currently trade as a sole trader or partnership?
Have you considered the benefits that a limited liability company or partnership might offer? We can work with your financial advisers to determine the most advantageous form of trading for your business.
Have you considered what will happen to the business in the event of the retirement, death, bankruptcy, serious incapacity or termination of employment of any of the business owners or key personnel?
We can advise how to protect your business going forward and also how you can protect your interests.
Does your business regularly purchase or supply goods?
If so, on whose terms? We can advise you on the best terms and conditions to help protect your business and, in particular, to optimise your debt collection options.
Do you use third parties to distribute or sell your goods to your customers or to manufacture goods on your behalf?
At Talbots we can advise on the legal implications of such trading arrangements and how best to document them.
Have you outgrown your business premises or is your lease coming to an end?
Talbots can help you to review your property requirements and assist you in getting a favourable deal.
Is your business adequately protected if key personnel decide to leave?
Without adequate restrictions, employees, officers, consultants, agents and sub-contractors may be free to compete against you and to make direct approaches to your key clients and suppliers. We can advise on the correct contractual procedures to prevent this happening.
Do you have accounts that are overdue?
Are your calls for payment being ignored? Are you concerned about your cash flow? If so, we can help by advising you on the most cost effective and speedy method of debt recovery and enforcement.
For all this and more, call Talbots Law on 0800 118 1500 to get your free legal health check.
- Nicola Reeve
- Director and Head of Commercial Property & Corporate Services
- 07932 679673
- Sophie Evans
- Trainee Solicitor
For more information please contact us