The Perils of Gentleman’s Agreements: Why Formal Contracts Matter in Business

In the world of business, formal agreements are often overlooked, particularly when dealing with friends, family, or long-standing business associates. Many people rely on informal understandings, or so-called “gentleman’s agreements” based on mutual trust. While these handshake deals may seem convenient and avoid potential awkwardness, they often lead to complex, costly, and lengthy disputes when […]

The Importance of Regularly Reviewing and Updating Policies and Procedures

In any business (no matter the size), policies and procedures are essential to have in place to ensure smooth operations, compliance with legal standards, and alignment with your key goals. These documents serve as a roadmap, guiding employees in their daily tasks and decision-making processes. However, the dynamic and fast moving nature of business environments […]

Navigating the 14-Day Cooling-Off Period: A Guide for Business Owners

In the business world, clarity in contracts is essential. One crucial aspect that demands attention is the 14-day cooling-off period applicable to business-to-consumer (distance) purchases. Recently, we’ve noticed that many businesses may not be addressing this adequately in their terms, often leaving clients unsure of their rights and businesses exposed to potential legal consequences. Understanding […]

The Importance of Terms and Conditions

Terms and Conditions: The Legal Fine Print Your Business Can’t Ignore As a business owner, terms and conditions are an important aspect of any business in the UK, as they help to protect you from potential legal issues and disputes with clients or customers. Whilst it may be tempting to simply download or copy terms […]