Spreading the Joy of Freedom
Talk of The Freedom Revolution has spread from Gatwick to Portsmouth this month starting with a joint networking event at Basepoint Crawley, home of Acumen’s Gatwick office.
This event saw ACUMEN BUSINESS LAW team up with Basepoint Business Centres for a joint Networking Hub session featuring Penina Shepherd and her Amazon bestseller The Freedom Revolution. This event attracts networkers from the Gatwick Diamond region and it was an honour being part of it. read more
Break the Business Shackles and Join the Revolution!
There is a revolution happening around us in the business world. It has been happening slowly and most of us haven’t even noticed.
Those at the forefront of the revolution not only do extremely well in business, but they also seem to be sailing through it in a state of bliss. This is true both for people setting up their own businesses as well as those who are high flyers in existing businesses.
Before the revolution, both businesses and top careers were seen primarily as a means of making money.
And then there was a coup. read more
The Google definition of an ‘entrepreneur’ is:
“A person who sets up a business or businesses, taking on financial risks in the hope of profit.”
Indeed it used to be that careers and businesses were primarily about making more money. Making money was regarded as being ‘entrepreneurial’. The sole hope for us in business as entrepreneurs, according to this definition, is profit. In my book The Freedom Revolution, I argue that the above definition isn’t that of an entrepreneur, but rather of an entreprewhore.
I define an entreprewhore as: read more
5 Top Legal Tips to Protect Your Business
Your Business’ Corporate Structure
Partnership: If you are in a partnership, then you should enter into a Partnership Agreement otherwise you will be subject to the Partnership Act 1890 which most likely not right for your business.
More than one shareholder in a Limited company: You need to enter into a Shareholders Agreement which is basically a business pre-nup agreement between you and your co-shareholder. Without an agreement you can be in a situation whereby your co-shareholder resigns but they will still own 50% of the business. This means that whenever you declare dividends, the departing shareholder would be entitled to 50% of them…read more
Settlement Agreements- some frequently asked questions
Disputes often arise between an employee and employers in relation to working terms and conditions, behaviour of staff and a host of other issues. Employees may have legitimate claims against their employers leading employers to seek an effective waiver of those claims…read more
Getting and Keeping the Best Employees!
Businesses spend a great deal of time and energy looking, selecting and training the right people for their business going through rigorous processes to ensure they have people in their business who are the right fit. A recruitment process can be rewarding, especially when you find great people to join your business. However, recruitment can also be complex and it is vital that businesses are aware of the potential pitfalls to ensure that the process runs smoothly. This article will look at some best practice guidelines for a successful recruitment campaign. Employment protections before someone becomes an employee Even before… read more
How to Keep and Incentivise Staff- The Employee Shareholder
What is it and where does it come from? The Chancellor, George Osborne, announced proposals for a new type of employee ownership arrangement. The suggestion was that employees would give up some of their statutory employment rights (see below for more details), in particular the right to claim unfair dismissal and the right to a statutory redundancy payment, in exchange for shares in their employing company as a way to provide more flexibility to employers to secure the right staff. Employers can offer employees £2,000 worth of shares (free of tax and NI) and there is a capital gains tax… read more
What are Charitable Incorporated Organisations?
Charitable Incorporated Organisations (CIO) are a new type of legal entity, designed specifically for non-profit organisations. It has filled the hole that for the last 400 years has caused other legal structures, intended for contrasting purposes, to be used to help provide charities with a practical and effective incorporated vehicle. The creation of this new legal body will allow the organisation to have the benefits of being a company without the burdens. It was created in response to a number of requests for charities to have some of the benefits of being a company. This was due to increased pressures… read more