Know Your Rights Whether you are considering setting up and running your own business, or wishing to acquire a business, sound professional advice is vital to the success of the venture. We have the necessary commercial experience to guide you through the obstacles involved. We have a wide network of professional advisers and can recommend other experts such as accountants and financial consultants, if and when required.
Getting Started It is essential to get the structure of your business right. Should you be a sole trader, in partnership or a limited company? We can help you to decide which will be the most beneficial to your business.
We can assist by: Forming a company Drafting the 'Memorandum and Article of Association' of the company Preparing a partnership agreement
Business Premises The legal implications of taking on a business lease can be wide ranging and complicated.
We can assist you by providing answers to the following questions: How to best negotiate the terms of a lease? What personal guarantees, if any, should you give to a potential landlord? Do you need planning permission for your intended use of the site?
Franchise Agreements Enterprises operating as franchises are an increasingly popular method of getting into business. However, just as you need to take care in selecting the particular franchise that is best suited for you, you also need expert guidance in dealing with the details of the Franchise Agreement. If you are you intending to enter into a business through a Franchise Agreement you should speak to us first.
We can assist you in negotiating the agreement to protect you initial outlay, ensure that a comprehensive back-up service is provided by the franchisor and secure an equitable royalties ratio.
Your Responsibilities as an Employer Your business may well require staff to operate it, in which case there are many areas in which you may need advice, such as:
National Insurance and PAYE
Sick pay, holiday pay and overtime pay
Redundancy and dismissal of employees
Industrial tribunal proceedings
Insurance cover for staff and the public
We have many years of experience in dealing with such issues and many clients have found that by obtaining our timely advice they have been able to deal with these complicated issues satisfactorily and cost effectively.
Advice is Available Depending on the nature of your business you may also need guidance on:
Patents and trademarks
Your 'terms of business'
Doing business with other countries
Health, safety and hygiene legislation
Consumer credit facilities
When you instruct Chhokar & Co you can rest assured that you will get advice that is informed, practical and cost effective.
Financial Matters How taxation issues are in dealt with by a small business can have a great impact on its development and progress. Some issues that are worth considering include: Keeping your tax liabilities to a minimum Steps to take regarding VAT and when you should register for it Tax provisions for transferring your business to your family upon retirement Pension plans and other investments Safeguarding your business interests and your family should you become sick or die
We can also give advice about whether you can withdraw your investment from a business and assist with problems which may arise when partners and shareholders disagree; for example, ensuring your rights are recognised and that responsibilities and profits are being distributed fairly.
Legal services are provided by Chhokar & Co Solicitors who are authorised and regulated by the Solicitors’ Regulation Authority (SRA No: 078981). For further information please see the SRA Code of Conduct. VAT No. GB 676 065 120. Registered office: 29a The Broadway Southall, Middlesex UB1 1JY United Kingdom. Unhappy with our service?
Tax and accounting services are provided by Chhokar & Co Limited trading as Chhokar & Co, Chartered Accountants. Registered in England (Registration No: 07994976). Registered office: Herbert House 27-29 The Broadway Southall, Middlesex UB1 1JY United Kingdom
Consulting services are provided by Chhokar & Co Consulting, a business name of SSC Legal Limited. Registered in England (Registration No: 03972539). Registered office: Herbert House 27-29 The Broadway Southall, Middlesex UB1 1JY United Kingdom