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All businesses should be aware that solicitors have seen a huge rise in cases in recent years involving legal issues surrounding intellectual property . Much of this has been fuelled by the growth in information technology, computer software and the internet, leading to our economy becoming more “knowledge based” and companies intellectual property becoming one of their most valuable assets. Make sure your business adheres to intellectual property law, or you could find yourself on the end of an expensive law suit.

If you are a business that is just starting up, or indeed if you are an established small or medium sized enterprise, it is important to have a solicitor for your company to provide you with legal advice. Businesses may need legal help in a wide variety of areas, including corporate and commercial law, employment law, tax planning, commercial property issues and intellectual property issues. Take a look at as they cover all of the different areas of business law, with detailed pages about what help and support you might need as a business.

When starting up a new company, don’t get tied to long term contracts at the risk of the company going bust and not being able to fulfil said contracts. When employing individuals and companies keep everything short-term for the time being. When looking to employ services, start with companies that don’t require long term contracts. When employing a cleaning company for the office choose one that provides one off jobs which gives you the option to stop using the service if need be.

Do you want to set up your own business, but don’t really know how to go about it? Setting up your own business in the current economic climate can be a very scary prospect. One way to transition yourself from being an employer to an employee is to set up a franchise of part of an established business. There are lots of businesses out there offering franchise packages, see for example. It means that you get to be “your own boss”, but you’re not alone if things go wrong – you get support, knowledge etc from an already established brand name. It is certainly an option worth considering.

Posted in: Law


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