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What is professional indemnity insurance?

Published in Business management on September 29, 2014 by Philip Newman

Professional indemnity insurance, one of the main forms of business insurance, aims to protect you and your business from various claims made by clients and third parties (whether those claims are genuine or false). In particular,…

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Tags: business management, business protection, professional indemnity insurance

Things to consider before issuing new shares in a UK limited company

Published in Shares and shareholders on June 23, 2014 by Johnathan Korchak

Raising money for a company by issuing shares can open up a lot of opportunities. However, not all expanding companies will want to allot further shares, and often businesses can meet their objectives in other ways or raise…

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Tags: share issue, shares

How to process calls on partly paid shares

Published in Shares and shareholders on April 16, 2014 by Johnathan Korchak

When unpaid or partly paid shares are issued, the company retains the right to collect the unpaid amount. To do so, the directors can send a call notice to holders of partly paid shares requiring them to pay the unpaid amount to…

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Tags: shares, unpaid shares

How to handle pension scheme share ownership

Published in Shares and shareholders on March 18, 2014 by Philip Newman

The trustees of pension schemes will often directly own a company’s shares as part of the overall investment portfolio they hold for the pension scheme. Accordingly this ownership needs to be reflected in the company’s share…

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Tags: company records, pension schemes, share transfers, shares

What insurance cover does my business need?

Published in Business management on February 25, 2014 by Johnathan Korchak

Buying insurance for your business, whether you’re a tradesman working from home or have a number of employees based in dedicated premises, can be confusing. No matter how much you’d prefer not to think about the possibility…

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Tags: business management, business protection, insurance

Do I need business interruption insurance?

Published in Business management on February 10, 2014 by Philip Newman

The destruction of, or damage to, property after a major incident (such as flooding) can have serious results for any business. The damage to the property is one thing but often this is nothing when compared to the loss of income…

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Tags: business management, business protection, insurance