Skip to main content
We’re here with practical legal information for your business. Learn about employment law, company law and more.


Setting up a business involves complying with a range of legal requirements. Find out which ones apply to you and your new enterprise.

While poor governance can bring serious legal consequences, the law can also protect business owners and managers and help to prevent conflict.

Whether you want to raise finance, join forces with someone else, buy or sell a business, it pays to be aware of the legal implications.

From pay, hours and time off to discipline, grievance and hiring and firing employees, find out about your legal responsibilities as an employer.

Marketing matters. Marketing drives sales for businesses of all sizes by ensuring that customers think of their brand when they want to buy.

Commercial disputes can prove time-consuming, stressful and expensive, but having robust legal agreements can help to prevent them from occurring.

Whether your business owns or rents premises, your legal liabilities can be substantial. Commercial property law is complex, but you can avoid common pitfalls.

With information and sound advice, living up to your legal responsibilities to safeguard your employees, customers and visitors need not be difficult or costly.

As information technology continues to evolve, legislation must also change. It affects everything from data protection and online selling to internet policies for employees.

Intellectual property (IP) isn't solely relevant to larger businesses or those involved in developing innovative new products: all products have IP.

Knowing how and when you plan to sell or relinquish control of your business can help you to make better decisions and achieve the best possible outcome.

From bereavement, wills, inheritance, separation and divorce to selling a house, personal injury and traffic offences, learn more about your personal legal rights.

Half of small business owners struggle with finances

11 June 2019

Two business owners are worried about how they'll pay their billsA new poll has found that 51% of UK small business owners need help managing their finances.

The survey, conducted by Opinium on behalf of Funding Options, interviewed 500 people of middle management level and above within UK SMEs. The results show that one in two small firms is struggling with its finances - which means that 2.86 million of the UK's 5.6 SMEs are affected.

The findings come at a time when the number of companies entering administration has hit its highest level in five years. The poll shows that:

  • 23% of small businesses owners are unaware of their financial troubles until their bank account is in the red (rising to 46% for business owners aged under 35);
  • 33% of small business owners have previously found themselves in financial difficulty;
  • 32% say they have lost sleep worrying about their business finances;
  • Just 7% of small businesses review their finances more than once a month; 23% do so once a quarter;
  • 17% don't have any formal reviews of their business finances at all;
  • Only 53% regularly forecast their finances to keep track of cashflow.

"The primary focus of any small business should be on its product and customers and so it's easy for financial operations to take a back seat," said Ryan Edwards-Pritchard, managing director of Funding Options. "Along with day-to-day challenges, additional factors such as the huge uncertainty around the outcomes of Brexit only add more pressure."

Funding Options and Experian are partnering to develop a new cashflow management tool to help small business owners get a clearer picture of their financial situation. The tool - called Totem - will be available for free and will allow small firms to get on top of VAT bills, manage invoices, check and understand how to improve credit scores, and identify upcoming dips in cashflow.

Edwards-Pritchard said: "New tools entering the market are giving entrepreneurs the power to take full charge of their finances, simplifying everything from tax returns to cashflow projections and, if utilised, we will hopefully see more organisations survive and thrive - putting an end to sleepless nights."

Written by Rachel Miller.