Preparing your tech business for sale can be complex and time-consuming, requiring careful planning. Unlike other sectors, tech businesses have unique life cycle timelines that owners must navigate.
In our latest podcast, join Stuart Mullins, Corporate Partner at Clarkslegal, and Nicky Goringe Larkin, Managing Director at Succession Planning, as they delve into how tech business owners can maximise their value and effectively prepare for the market.
In this episode, we’ll cover:
Strategies for growing your tech business to exit
The critical importance of IP ownership
Key differences in valuing a tech business compared to others
If you’re a tech business owner seeking guidance on preparing for an exit or want to discuss any of the topics mentioned, please contact Stuart Mullins and Nicky Goringe Larkin, who would be happy to help.
Selling your business is usually the last step in starting a business. When the time comes to exit, it’s crucial to ensure a smooth transition so you can retire comfortably and maximise the value you receive from your business. This significant decision carries various legal and financial implications that require careful consideration.
In the third and final episode of our three-part podcast series, join Stuart Mullins, Corporate Partner at Clarkslegal, and Nicky Goringe Larkin, Managing Director at Succession Planning, as they discuss:
The sectors that are currently very popular for business exits
Sectors that may struggle to attract buyers in a conventional manner, along with insights on how best to position your business within these sectors.
If you wish to discuss any of the issues mentioned, please contact Stuart Mullins and Nicky Goringe Larkin, who would be happy to help.
In October 2024, the Government unveiled its Employment Rights Bill which is currently making its way through Parliament to become law. This Bill introduces major reforms to workers’ rights.
In part 2 of the Employment Rights Bill podcast in the ‘Talking Employment Law’ series, Louise Keenan and Melanie Pimenta, members of the employment team at Clarkslegal, will discuss some of the main provisions of the Bill, including:
Changes to collective redundancies
Flexible working
Sick pay
Please contact our employment team if your business needs help with any of these proposed changes. It’s important to seek advice and plan for the changes now to be ready when they come into force.
Selling your business is usually the last step in starting a business. When the time comes to exit, it’s crucial to ensure a smooth transition so you can retire comfortably and maximise the value you receive from your business. This significant decision carries various legal and financial implications that require careful consideration.
In the first part of this three-part series, Stuart Mullins, Corporate Partner at Clarkslegal, and Nicky Goringe Larkin, Managing Director at Succession Planning, will discuss:
The biggest fears that sellers and buyers have around exit and purchase
Common reasons why sales fail between Heads of Terms and the completion stage
If you wish to discuss any of the issues mentioned, please contact Stuart Mullins and Nicky Goringe Larkin, who would be happy to help.
On October 30, 2024, Chancellor of the Exchequer Rachel Reeves presented the first Labour budget in 14 years, introducing over £40 billion in tax increases – an important factor for business owners. Don’t miss the chance to join Nicky Goringe Larkin, Managing Director at Succession Planning, and Stuart Mullins, Corporate Partner at Clarkslegal, in an engaging live webinar. They will explore the optimal timing for selling your business, the available options, and how to navigate the evolving tax landscape. The interactive discussion includes:
Types of business exits
Tax implications of business exit
Getting help with tax planning
Selling your business is normally the last step in starting a business. When the time comes, you want to leave your business, retire, and eventually take as much value as possible from it. It’s a huge decision and a challenging task, with many legal and financial implications to consider. Watch Nicky Goringe Larkin, Director at Succession Planning, and Stuart Mullins, Corporate Partner at Clarkslegal, as they discuss selling and buying a business, the options available, and where to get support.
The interactive discussion includes:
Routes to Exit
Trade Sales
Management Buyouts
Employee Ownership
Succession preparation and timelines
The right time and maximising your enterprise values
How to get the mechanics of the deal right
It’s been a big year for employment law changes, with many proposed bills making their way through parliament, and some significant changes on the horizon. Watch Monica Atwal and Lucy Densham Brown for a quick round-up of all the HR related changes that took effect in 2023, including those that are still expected.
Topics include:
ACAS Mental Health reasonable adjustment guidance
Flexible Working requests
Carers Leave
Neonatal Parental Care leave
Third Party Harassment
Enhanced Maternity Redundancy Protection
Menopause and Menstruation Guidance
Since the GDPR had come into force almost 5 years ago, we consider that it is a timely opportunity to review the core data protection principles and the considerations to make when undertaking a data protection audit of your organisation. We have also recently witnessed an unprecedented increase in the number of data breaches and cybersecurity attacks, which stresses the importance of data protection compliance and regulation.
Watch Melanie Pimenta and Jacob Montague for a quick round-up of the following topics:
What is personal data?
Conducting a data protection audit and reviewing policies
Upcoming developments in data protection and AI regulation
We discuss the legal and practical considerations, and what to look out for in the months ahead.
Watch our data protection specialists Liz Bradley and Jacob Montague, as they update you on the changes coming as the ICO and the Government try to address an increasingly complex data protection landscape.
This interactive discussion includes:
ICO guidance on international data transfers
ICO updates to the Employment Practice Code
The Government’s consultation on changes to the data protection regime
We’ll consider how these new developments are relevant to you in practical terms, and what to look out for the weeks ahead.
WhatsApp is a convenient and quick way to communicate with colleagues and clients, but is it legally safe to use in the workplace?
In this podcast, Lucy White and Monica Mastropasqua, members of the Data Protection team at Clarkslegal, will address frequently asked questions from clients regarding the use of WhatsApp at work.
Key topics include:
The difference between personal and professional boundaries when using WhatsApp
The fact that WhatsApp messages are not stored on company servers
The widespread use of WhatsApp on personal devices
Commonly overlooked issues related to data retention and GDPR compliance
Steps employers can take to mitigate risks
If your organisation needs help reviewing your GDPR policies and practices or employee training on data protection requirements, please contact our Data Protection Lawyers.
Selling your business is usually the last step in starting a business. When the time comes to exit, it’s crucial to ensure a smooth transition so you can retire comfortably and maximise the value you receive from your business. This significant decision carries various legal and financial implications that require careful consideration.
In the second instalment of our three-part series, join Stuart Mullins, Corporate Partner at Clarkslegal, and Nicky Goringe Larkin, Managing Director at Succession Planning, as they delve into:
The complexities surrounding business financing
Accurate accounting and valuation strategies
Essential insights into Private Equity
If you wish to discuss any of the issues mentioned, please contact Stuart Mullins and Nicky Goringe Larkin, who would be happy to help.
In part 1 of the Employment Rights Bill podcast in the ‘Talking Employment Law’ series, Louise Keenan and Lucy White, members of the employment team at Clarkslegal, will discuss some of the main provisions of the Bill, including:
Unfair dismissal
Family rights
Bereavement leave
Unpaid parental leave
Paternity leave
Extension of protection for pregnant women and new mothers
Please contact our employment team if your business needs help with any of these proposed changes. It’s important to seek advice and plan for the changes now to be ready when they come into force.
2024 has been a year of political change and uncertainty for data protection. The Data Protection and Digital Information Bill was making its way through Parliament but did not make it through during the ‘wash up’ period and so was not made into law. The King’s Speech however, referred to a new Digital Information and Smart Data Bill which will impact on UK data protection law and the Data Use and Access Bill has now been introduced into Parliament. In this webinar, we’ll be exploring this in more detail, looking back over 2024 and what we can expect for data protection in 2025, including:
The Data Protection and Digital Information Bill recap
The King’s speech and the Data Information and Smart Data Bill
The Data Use and Access Bill provisions and impact
Watch Monica Atwal and Lucy White for a quick round-up of all the HR related changes that have already taken effect in 2024 and a summary of the significant changes that are still expected.
Labour’s proposed changes include: Trade union rights, day-one rights, worker status, zero-hour contracts, flexible working requests, carers' leave, paternity leave, enhanced maternity redundancy protection, and AI in the workplace.
Helping HR keep up to date, and food for thought on organisations setting their agendas.
In recent months, we have witnessed a series of high-profile data breaches, from the Electoral Commission to TikTok. These breaches have been caused by external hacking and internal human error. These have brought data protection issues to the forefront of the public’s mind and with this comes an increase in Data Subject Access Requests (DSARs). We are seeing these requests all the time and given the volume of data that employers process every day, DSARs prove to be intimidating and administratively burdensome tasks.
In light of this, please watch our quick overview of DSARs.
Topics include:
What are DSARs?
Who can make one?
How long do you have to respond to a DSAR?
Do you have to disclose everything?
What are the potential risks of not responding properly?
For sponsored workers whose UK immigration status is reliant on their employment and who therefore must navigate the repercussions of being made redundant, it can be especially challenging. Not only do they face losing their jobs and source of income, their right to live and work in the UK is also in jeopardy. Watch our UK immigration lawyers Monica Atwal and Rebecca Hone as they discuss the implications of redundancies on visa-holding employees and the associated sponsor reporting duties.
The interactive discussion, includes:
What happens to a sponsored worker’s visa when you notify the Home Office of the end of their employment.
The mandatory sponsor reporting duties following the termination of a sponsored worker’s employment.
The impact on sponsored workers and their dependent family members.
How sponsored workers can continue to live in the UK after their employment is terminated.
The UK data protection landscape has been everchanging particularly since the Government’s announcement to reform its data protection legislation following Brexit through the Data Protection and Digital Information Bill, and the updated process on international data transfers. We are now entering a phase with a new framework of promoting technologies while protecting data and promoting innovation and are expecting a shift towards the interplay of technologies with the UK’s data protection regime.
Watch Melanie Pimenta and Jacob Montague for a quick round-up of recent and future developments, including:
Implementing the International Data Transfer Agreement (IDTA)
Cybersecurity and data breaches
The Regulation of AI to protect personal data and development of the metaverse
Employers adapting to new ways of working this autumn must also find new ways of effectively manging their workforce so that the organisation and everybody in it can thrive. The hybrid working model offers benefits but carries risks too. Clarkslegal has been advising businesses on how to successfully navigate this new normal. Watch Monica Atwal, Managing Partner and Deborah Scales, Employment Associate, as they share what is working for other organisations and what not to do in order to avoid employment tribunal claims.
This interactive discussion includes:
Bringing staff back to the office
Managing teams remotely – and lawfully
Hybrid working – contracts and policies
Engaging staff across the generations
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