The Start-UP Business Advisors

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How to sell my business

Selling your business is normally the last step in starting a business. When the time comes, you want to leave your business, retire, and eventually take as much value as possible from it. It’s a huge decision and a challenging task, with many legal and financial implications to consider. Watch Nicky Goringe Larkin, Director at Succession Planning, and Stuart Mullins, Corporate Partner at Clarkslegal, as they discuss selling and buying a business, the options available, and where to get support.

The interactive discussion includes:

  • Routes to Exit

  • Trade Sales

  • Management Buyouts

  • Employee Ownership

  • Succession preparation and timelines

  • The right time and maximising your enterprise values

  • How to get the mechanics of the deal right

 

Employment law changes in 2023: What you need to know

It’s been a big year for employment law changes, with many proposed bills making their way through parliament, and some significant changes on the horizon. Watch Monica Atwal and Lucy Densham Brown for a quick round-up of all the HR related changes that took effect in 2023, including those that are still expected.

Topics include:

  • ACAS Mental Health reasonable adjustment guidance

  • Flexible Working requests

  • Carers Leave

  • Neonatal Parental Care leave

  • Third Party Harassment

  • Enhanced Maternity Redundancy Protection

  • Menopause and Menstruation Guidance

 

Data protection: What you need to know

Since the GDPR had come into force almost 5 years ago, we consider that it is a timely opportunity to review the core data protection principles and the considerations to make when undertaking a data protection audit of your organisation. We have also recently witnessed an unprecedented increase in the number of data breaches and cybersecurity attacks, which stresses the importance of data protection compliance and regulation.

Watch Melanie Pimenta and Jacob Montague for a quick round-up of the following topics:

  • What is personal data?

  • Conducting a data protection audit and reviewing policies

  • Upcoming developments in data protection and AI regulation

We discuss the legal and practical considerations, and what to look out for in the months ahead.

 

Data protection – a new direction?

Watch our data protection specialists Liz Bradley and Jacob Montague, as they update you on the changes coming as the ICO and the Government try to address an increasingly complex data protection landscape.

This interactive discussion includes:

  • ICO guidance on international data transfers

  • ICO updates to the Employment Practice Code

  • The Government’s consultation on changes to the data protection regime

We’ll consider how these new developments are relevant to you in practical terms, and what to look out for the weeks ahead.

 

Exiting your business through a solvent winding up

Watch Stuart Mullins, Clarkslegal, James Hopkirk, Kreston Reeves and Zafar Kanani, Forbury Investment Network as they discuss how Insolvency Legislation can help owners of solvent businesses to extract cash and other assets tax efficiently from their companies.

  • Legal considerations when looking to cease to trade;

  • What is Members’ Voluntary Liquidation and how it can be a tax efficient route for distribution of assets and surplus cash; and

  • What is the role of the Liquidator and how does the process work in practice?

Overview of Data Subject Access Requests

In recent months, we have witnessed a series of high-profile data breaches, from the Electoral Commission to TikTok. These breaches have been caused by external hacking and internal human error. These have brought data protection issues to the forefront of the public’s mind and with this comes an increase in Data Subject Access Requests (DSARs). We are seeing these requests all the time and given the volume of data that employers process every day, DSARs prove to be intimidating and administratively burdensome tasks.

In light of this, please watch our quick overview of DSARs.

Topics include:

  • What are DSARs?

  • Who can make one?

  • How long do you have to respond to a DSAR?

  • Do you have to disclose everything?

  • What are the potential risks of not responding properly?

 

What happens when sponsored workers are made redundant?

For sponsored workers whose UK immigration status is reliant on their employment and who therefore must navigate the repercussions of being made redundant, it can be especially challenging. Not only do they face losing their jobs and source of income, their right to live and work in the UK is also in jeopardy. Watch our UK immigration lawyers Monica Atwal and Rebecca Hone as they discuss the implications of redundancies on visa-holding employees and the associated sponsor reporting duties.

The interactive discussion, includes:

  • What happens to a sponsored worker’s visa when you notify the Home Office of the end of their employment.

  • The mandatory sponsor reporting duties following the termination of a sponsored worker’s employment.

  • The impact on sponsored workers and their dependent family members.

  • How sponsored workers can continue to live in the UK after their employment is terminated.

 

Latest developments in UK data protection and cybersecurity

The UK data protection landscape has been everchanging particularly since the Government’s announcement to reform its data protection legislation following Brexit through the Data Protection and Digital Information Bill, and the updated process on international data transfers. We are now entering a phase with a new framework of promoting technologies while protecting data and promoting innovation and are expecting a shift towards the interplay of technologies with the UK’s data protection regime.

Watch Melanie Pimenta and Jacob Montague for a quick round-up of recent and future developments, including:

  • Implementing the International Data Transfer Agreement (IDTA)

  • Cybersecurity and data breaches

  • The Regulation of AI to protect personal data and development of the metaverse

 

Pressing refresh on employee relations

Employers adapting to new ways of working this autumn must also find new ways of effectively manging their workforce so that the organisation and everybody in it can thrive. The hybrid working model offers benefits but carries risks too. Clarkslegal has been advising businesses on how to successfully navigate this new normal. Watch Monica Atwal, Managing Partner and Deborah Scales, Employment Associate, as they share what is working for other organisations and what not to do in order to avoid employment tribunal claims.

This interactive discussion includes:

  • Bringing staff back to the office

  • Managing teams remotely – and lawfully

  • Hybrid working – contracts and policies

  • Engaging staff across the generations

 

Selling Your Company – The Process and Practical Tips

Watch Stuart Mullins, Clarkslegal, Adrian Howells, Quantuma and Zafar Kanani, Forbury Investment Network as they discuss the process of selling a company.

In the webinar they cover -

  • Top tips and advice about how and when to sell your business

  • Exit strategy

  • What to expect and plan for

Series A: Equity Investment Landscape

Watch Stuart Mullins, Clarkslegal, Zafar Kanani, Forbury Investment Network and venture capital investor Naoki Kamimaeda, Global Brains for the next session in our webinar series exploring the Series A equity investment.

Exploring:

  • How series A investors are approaching new investments in a post-COVID macroeconomic environment.

  • Naoki will be sharing his tips on the most effective strategies for preparing for a Series A round and approaching investors.

Business Angel Investment in a post COVID-19 landscape: For Growing Companies

Exploring:

  • Current investment trends and themes

  • How investors are approaching new investments in a post COVID-19 macroeconomic environment

  • The current state of play on government support of the early stage ecosystem, and more.

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