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Pitfalls to avoid when commissioning bespoke software

Pitfalls to avoid when commissioning bespoke software

If you want software that is unique to your business, and which is specifically designed to meet your operational needs, then the commissioning of a bespoke solution is almost certainly the way to go. However, to ensure that your vision marries up to what is delivered...
Buying shares in a business – what to look out for

Buying shares in a business – what to look out for

Investment in another business may be part of your business growth strategy, especially if you operate in the same market or supply chain. Acquiring a slice of the pie through the purchase of shares is one way to secure such an investment and may seem attractive and...
Business planning and the importance of making a will

Business planning and the importance of making a will

A will is an important part of everybody’s legal planning no matter your circumstances, but for anyone who is in business a well written will is vital to ensure the minimum disruption after your death. ‘Whether you are a sole practitioner, a partner in a partnership,...
Key lease negotiation points for landlords

Key lease negotiation points for landlords

Whether negotiating a new commercial lease, or renegotiating an existing one, it is important to plan ahead and be clear about your desired outcomes and where you have flexibility to compromise. ‘Your negotiating position will be influenced by the attractiveness of...
When does a power of attorney take effect?

When does a power of attorney take effect?

If you have been asked to act as an attorney for someone you may wonder when it will come into effect, especially if the power of attorney was made some time ago when your friend or relative was in good health. ‘There was an important change in 2007, and so the way...