If you are planning to bring proceedings against an individual in the UK, you need to follow the pre-action protocol in your letter (or email). That is a a set of guidelines that must be
If someone owes you money in the UK and you wish to take legal action to recover the debt, you may need to send a letter before action. Here are the main things you should
In the UK, certain legal information is required to be displayed on a website. Not everyone is aware of this, so here is a useful summary: Company name: If the website is operated by a
The Ministry of Justice is consulting on its proposal to automatically refer people involved in a civil dispute valued up to £10,000 for a free mediation session. This would be provided by Her Majesty’s Courts
If you want to develop a site using the designs prepared for a previous owner who obtained planning consent, beware copyright infringement. In a recent High Court case the judge had to decide this issue.
The UK Government has announced new import controls will be imposed from 2021. Do your trading agreements with EU suppliers and/or buyers deal with the risks that this may bring, including quality checks, customs duties, tariffs and more bureaucracy? We have some resources to help you.
As a supplier you should always check out the companies/people you are dealing with. Are they reliable and established? You don’t want to get caught out by insolvency or even fraud. You should also carry out a check on the financial soundness of your customers. We recommend you have a process in place. Create a form and send it to potential customers to complete, authorising you to get bank, credit and trade references. Here we have full details of what you can do to ensure you are setting up a relationship that works well and lasts a long time.
Every business transaction involves a contract, and generally speaking, unless the transaction is an over-the-counter sale, it is much safer to put the terms in writing. As Nobel prize winner, Oliver Hart says in the quote on our homepage: “From shopping in a store to running a corporation, contracts and agreements matter everywhere.”
Whilst it is tempting to agree terms of a transaction on the basis of a handshake or an email, a canny buyer or supplier should always ensure that they have entered into comprehensive terms which cover the key aspects of the deal. Contracts are the glue that seal the relationship between a business and its customers or clients and provide certainty. Good contracts make great relationships! Here we cover in-depth what you need to know.
Here at ContractStore we want you to be able to protect your business effectively for less. We publish contract templates so you can understand what to think about in business dealings, but we always encourage
Chasing Debts and Stopping Late Payments Delivering your invoice Chasing a debt Debt collection agents Statutory Demands Remedies that do not involve litigation Checklist If your client or customer fails to pay on time,
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