Corporate FAQs

Financing your business

My business needs more money to grow. What are my options?

There are numerous funding options which are available to a growing business. These include… Read more

What is a 'charge'? - Security for Lender

A charge is a form of security offered to a lender in return for the lender providing a loan to… Read more

What is a debenture for a business loan?

A debenture is an agreement entered into between a company or the owners of a business and the… Read more

What is a personal guarantee for a business loan?

If a limited company, or another form of incorporated organisation, is entering into a loan,… Read more

Insolvency

Differences in buying a business from insolvent and solvent companies

Unlike a purchase from a solvent company where the buyer can expect the seller to provide… Read more

Key contracts and third party assets in the purchase of a business

The terms of most of these types of agreements would be prevented from being transferred… Read more

A business has assets on retention of title, how are these dealt with?

In our experience how these assets are dealt depends entirely on the deal in question. The… Read more

What is the position regarding employees during a business sale?

The application of the Transfer of Undertakings (Protection of Employment) Regulations 2006 (&#… Read more

How can a buyer of a business minimise the potential risks?

Firstly and most importantly the buyer must carry out validity checks as to the appointment of… Read more

Professional Partnership

I run a business with another person. How do we set up a partnership?

No formal agreement has to be entered into in order to establish a professional partnership. A… Read more

We don't have a partnership agreement. What rights do I have?

In the absence of a partnership agreement between business partners the law will step in to… Read more

What to consider before entering into a professional partnership?

Before entering into a partnership it is important to consider the various rights each partner… Read more

I want to leave a business partnership. How do I go about this?

If you entered into a partnership agreement when becoming a partner the first step when… Read more

Purchase of a business

What are the first steps in buying an existing business?

After identifying a business which you would like to purchase and confirming that the owner is… Read more

What is the process involved in purchasing the business?

Once initial negotiations have concluded the parties may wish to sign up to Heads of Agreement… Read more

How can I finance the purchase of a business?

There are various options open to a potential buyer to fund the purchase of a business. Below… Read more

How can I be sure that the business I buy is successful?

Overall you can't. That is why before entering into an agreement to buy a business it is… Read more

What will happen after the purchase of a business?

Upon completion of the purchase the contracts are entered into, the payment price is… Read more

Setting up a business

What should I consider before setting up my business?

When setting up a business it is important to consider the various entities through which the… Read more

Differences between a limited company, a partnership and sole trader?

· A sole trader is one individual person who owns and runs a business on his or her own… Read more

Agreements for governing and running a company with other people

It is important that no matter who you go into business with, whether friends or family or… Read more

What is a company shareholders agreement?

This is a contract between the shareholders of the company and sets out how the relationship… Read more

What is a partnership/members business agreement?

A partnership is formed simply when two or more people carry on a business with a view to… Read more

How do i find out if the company name i want is available?

The names of every private limited company incorporated in England, Wales and Scotland are… Read more

My business needs more money to help it grow. What are my options?

There are numerous funding options which are available to a growing business. These include… Read more

How can I protect my business' brand?

Your business may have built up a reputation with a certain logo or name or the logos and names… Read more

What are the considerations for using the internet to sell products?

Although using the internet can make it much easier for a business to advertise and sell its… Read more

Get in touch

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0800 689 0831

Corporate

24 May 2017

NEWS AND ARTICLES

Forbes and PM+M act on the sale of Blackburn-based Botanical Group Services Limited

Forbes Solicitors' Corporate team has acted for Blackburn-based horticultural services business Botanical…

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Forbes was instrumental in ensuring Electric Coffee Co is able to meet its growth ambitions.

Adnan Anwar
Director
Electric Coffee Co

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It is always a pleasure to deal with true professionals and specialists in their area and this is what you can expect when dealing with Forbes and, in our case, specifically Nick and Gemma.

Gareth & Janet Watson
Zinge Industries

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The team not only provides professional and practical advice, but also takes a personal interest to understand the business and the matter at hand.

Mark Delaney
Director
Leonard Curtis Business Solutions Group

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The advice and service that we receive from Pauline and her colleagues is consistently professional, knowledgeable and efficient. They have a great ethos and are a pleasure to work with.

Andy Platt
Director
Focus Insolvency Group

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What a pleasure to do business with Forbes - Pauline Rigby & Nick Pickup both understood my personal objectives and requirements

John Laycock
Former Business Owner

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I would like to thank Jayne and the Business Law team for being so friendly, professional and patient throughout the sale.

Arthur Porter
Oak Glen

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We have been very happy with the professional service from Pauline Rigby and her colleagues in the Business Law team and the ease of purchasing our new business

Andrew M Jones
Internet Trading Ltd

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I and the UCLan team wanted to acknowledge the support from your team, including Nick Pickup and Pauline Rigby. Their contribution has been much appreciated by both clients and our staff.

John Lonsdale
Head of Innovation and Enterprise
UCLan

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Sincere thanks for all the time, patience and professionalism from Pauline and Tricia in the completion of MAP12 contract terms and conditions.

Jayne & Anthony Mellor
MAP12 Ltd

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It's a One Stop Shop as a legal entity, whatever problem we've got you've got someone to come and advise us or fix it

Craig Bancroft
Managing Director
The Northcote Group

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We have always found Forbes to be approachable and helpful and we look forward to a continuing professional relationship

John Tempest
Chief Executive
Child Action Northwest

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I have been extremely pleased with the legal team at Forbes and all their help

Tracy Malham
Vet
South Lakes Veterinary Centre

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The team at Forbes have been professional, thorough, friendly and efficient from day one through to completion. We will certainly be using them again as we look to move our business forward.

Stuart Wilson
S & L Wilson

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