Business Contracts

What’s the difference between letter of intent vs letter of engagement?

Business Contracts, Buying a business, Commercial law, Legal structure, Protecting Your Business, Scaling a business /

In legal transactions, understanding the nuances between different legal documents is crucial. Two terms that often cause confusion are “Letter of Intent” (LOI) and “Letter of Engagement” (LOE). While both are important in their own right, but if you’re asking yourself, ‘what’s the difference between letter of intent vs letter of engagement?’ this article will […]

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Letter of Engagement

Demystifying Letters of Engagement: your guide to secure and transparent legal relationships

Business Contracts, Buying a business, Commercial law, Legal Protection, Legal structure, Protecting Your Business, Scaling a business /

Clarity and mutual understanding are paramount. For businesses engaging in legal services, a Letter of Engagement (LOE) serves as a foundational document that defines the terms and conditions of the professional relationship between a client and a law firm like Jamieson Law. In this article we’ll take a look into what an LOE entails, why

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Heads of terms

Understanding Heads of Terms

Business Contracts, Buying a business, Commercial law, Data Protection, Legal Protection, Scaling a business, Selling a business, Uncategorized /

Navigating complex transactions and agreements requires careful planning and clear communication. At Jamieson Law, we understand the importance of laying a solid foundation for your business dealings, which is why we often recommend utilising Heads of Terms at the start of your commercial negotiations. What are Heads of Terms? Heads of Terms (HOT’s), sometime also referred

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Understanding good and bad leaver provisions 

Business Contracts, Legal structure, Legal Update, Scaling a business, Setting up, Share Options /

When it comes to employee share options and equity ownership within a company, “good” and “bad” leaver provisions play a crucial role in defining the rights and outcomes for employees who leave their employment. At Jamieson Law, we recognise the importance of understanding good and bad lever provisions to ensure clarity, fairness, and protection for

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The best legal structure to scale your business 

Brand protection, Business Contracts, Legal Protection, Legal structure, Protecting Your Business, Scaling a business, Setting up /

When it comes to scaling your business, choosing the right legal structure is a crucial decision that can influence your growth trajectory. The legal structure you select impacts everything from liability and taxation to control and compliance requirements. In this article, we’ll explore the various legal structures available in the UK and help you determine

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How Long Does It Take to Sell a Business?

Brand protection, Business Contracts, Buying a business, Data Protection, Relationship Building, Selling a business /

One of the most common questions we receive at Jamieson Law is: “How long does it take to sell a business?” The answer can vary widely depending on numerous factors. We’ve previously described the steps involved in selling a business, which you can read more about here. In this article we’ll recap those and provide

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The 6 steps to sell your business

Brand protection, Business Contracts, Buying a business, Data Protection, Employment, Protecting Your Business, Relationship Building, Selling a business, Uncategorized /

In recent articles we’ve covered a lot of detail on what’s involved when you decide it’s the right time to sell your business, there is a lot of information to understand. Undeniably, selling a business can be complex and so to help you better understand what’s involved, we’ve broken down the process into the 6

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The difference between an asset sale and a share sale

Business Contracts, Buying a business, Legal Protection, Protecting Your Business, Selling a business /

If you’re considering selling your business or buying one, you’ve likely come across the terms “asset sale” and “share sale.” But what do these terms actually mean, and how do they impact the transaction? Let’s dive into the details to help you understand the difference between an asset sale and a share sale.  Asset sale:

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What’s my business worth? Getting an accurate business valuation

1 Comment / Brand protection, Business Contracts, Buying a business, Protecting Your Business, Selling a business, Trademark /

When it comes to selling your business, one of the most crucial steps is determining its value. Getting an accurate business valuation can be a complex process, but getting it right is essential for ensuring you receive a fair price and attract serious buyers. Here’s a comprehensive guide on how to value your business.  Understanding

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What is due diligence and what’s involved? 

2 Comments / Brand protection, Business Contracts, Coaches, Data Protection, Employment, HR Support, Legal Protection, Legal Update, Relationship Building, Trademark, Website Compliance /

Due diligence is a critical part of selling your business. It’s a process whereby both parties have the opportunity to provide and receive a clear understanding of the financial, commercial, operational and legal state of a business.   If you’re the seller of a business, the terms may require you to stay in your business for

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