Rent deposit deeds (in relation to #commercial property) are somewhat misnamed as they imply that their effect is limited only to rent. In general however a rent deposit deed is a form of security which can protect the landlord from any breach of any number of the covenants in your #lease. There are no rules […]
Which employee share scheme is right for your business?
There are many uncertainties in the world of business and an ever increasing pressure on business owners to look after their team. One great way of attracting, motivating and retaining your key team members is to implement a share scheme for your company. There is a lot of information out there and many different schemes […]
Pass the Reins, Not the Pain – Employee Share Schemes
Setting up your own business is likely to have cost you as a business owner significant financial pain and risk. You may well have had to sacrifice a secure and high salary in paid employment before you took the plunge. Any bank loans will have been subject to personal guarantees and perhaps secured on your […]
Fundraising and Finalists …
The Twin Town Challenge 2020 is GO! Most of you will probably remember that in May last year, we left Blenheim Palace and embarked on a trip in a Jurassic Park car that will never be forgotten – coming home from Le Touquet with the Twin Town Challenge 2018 winner’s cup! More importantly, the […]
I want a break clause in my lease: how do these clauses work?
A lease is an agreement whereby you are allowed to occupy premises for a defined period time (known as the lease “term”). The longer the term is, the longer before you have to worry about the property reverting to the landlord. But the reverse is also true. The longer the term is, the longer before […]
Giving Shares to an Employee
You may have hit upon a New Year’s Resolution: motivating one or more key team members with shares in your company. You know they have no money to buy the shares, so instead you plan to give them the shares. But they will not thank you if your gift gives them an unexpected tax bill! […]
What is a full repairing and insuring lease and should I accept it?
A full repairing lease is, as it says, a lease whereby you as tenant are allowed to occupy premises on the basis that you will keep the property in repair and hand it back to the landlord without any deterioration in its condition at the end of the lease. Normally this includes an obligation to […]
Celebrating Success, Succession and Enterprise
Mentoring – “a brain to pick, an ear to listen, and a push in the right direction” … Since September 2018, Nikki and Natalie have been working closely with Henry Box school in Witney, in their new capacity as Enterprise Advisers. Last week saw the new Mentoring Programme for year 12 students come to life, with […]
Case Study on Employee Share Schemes
Are you: Working harder and harder in your business? Unclear on how you will ever be able to take a step back? Reliant upon the key members of your team but worried they might leave? A recent assignment for an Oxfordshire company brought home the importance of open and transparent communication when it comes to […]
Should I sign a lease with rent review provisions?
If you are a landlord, then a rent review provision in a lease is probably in your best interests (especially if it is “upwards only”) so it would be unusual for you not to want to sign it. If you are a tenant, however, then the question is not so easily answered. A rent review […]