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Keeping up with your New Year's Resolutions?

  • Posted: 17-01-2019
  • Commercial/Business

January is the time of New Year resolutions, new diets, new exercise routines, looking forward and planning for the New Year. It’s also a good time to think about the health of your business and to set some goals for the future.

What are the risks your business is facing? What could you do to minimise or even remove those risks? What is the strongest element of your business? Are you doing all you can to make the most of that? Is it time to start thinking about succession or exit planning? And if so, what do you want to achieve and within what time frame?

It’s a rare business that doesn’t have something to improve. For smaller businesses in particular the challenges of keeping on top of all the regulatory and compliance requirements, the “red tape”, can be particularly demanding. We can help with this, freeing you up to concentrate on the day-to-day running of the business.

So, whilst you are busy reviewing your personal health objectives for the year ahead, we invite you to take a moment (with our assistance) to review the health of your business. We are offering a free review with a member of our commercial team covering the following:

• Credit control
• Employment contracts and policies
• Website terms
• Supplier arrangements
• Business structure and constitutional documents
GDPR
• Succession planning/future sale

At the end of the review we should have identified with you whether there are any areas of your business that need addressing so that it can move forwards into the New Year in good health. We will also help you to identify which of those needs are your priorities.

For a number of our clients, the answer to meeting that compliance/regulatory gap is our subscription service, Bright Subscribe. Bright Subscribe offers the security of a fixed monthly fee and access to a range of our commercial services to help you make sure that your business New Year resolutions last beyond January. (We can’t help with your gym motivation – or lack of it – sorry.)

We will draw up a development plan with you so that we can work in a structured way, and in accordance with your business needs, to address, update and keep under review the following areas:

• HR and employment law – contracts, policies and procedures. You will also have access to telephone and email support for employment advice
• Contract support – terms of engagement with customers and suppliers; public facing documents
• Intellectual Property Rights – protective Trade Mark investigation
• Debt recovery, up to and including issue of claim
• Constitutional structure and documents (partnership agreement, shareholders agreement)

We hope that working together in this way will ensure that whatever does or doesn’t happen with your commitment to yourself over the course of 2019, at least your business will get in, and stay in, good shape.

For further details please see https://www.brightllp.co.uk/services/bright-subscribe or contact Matt Cook: matt.cook@brightllp.co.uk