Business Law

Is PAT Testing a Legal Requirement

Is PAT Testing a Legal Requirement?

Things to Know PAT testing itself is not named as a legal requirement anywhere in UK law. What is a legal requirement is that employers, the self-employed and other dutyholders keep electrical equipment maintained so that it doesn’t cause danger, under regulation 4 of the Electricity at Work Regulations 1989 and the general duties in […]
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employee ownership trust

What is an Employee Ownership Trust (EOT)?

Every business owner eventually reaches a point where they need to think about the future. For some, it’s retirement. For others, it’s succession planning, protecting the company’s legacy or rewarding the employees who have helped build the business over many years. Selling to a competitor or private investor isn’t always the preferred option, particularly for […]
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what is a shareholders agreement

A Guide to Shareholders Agreement

Starting a business with one or more shareholders often begins with shared goals, mutual trust and a common vision for the future. However, as a company grows, differences in opinion, changes in ownership and unexpected circumstances can create challenges that no one anticipated. A shareholders agreement helps establish clear rules from the outset, setting out […]
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