Free Business Healthcheck in partnership with Westcotts Chartered Accountants
Wolferstans are pleased to offer all clients of Westcotts Chartered Accounts a Free Business Healthcheck.
Many business owners have not had the time to focus on some of the internal housekeeping that can come back to bite you if it has not been reviewed. We have partnered with Westcotts Chartered Accountants to offer you a Free Business Healthcheck.
We will:
- Review your contracts of employment - which will require updating if you have not implemented the changes from April 2020.
- Review your Partnership or Shareholders Agreement - have you thought about what will happen to your business if your business partner becomes ill, loses capacity or, worst of all, passes away?
We strongly suggest that businesses review their partnership agreements at least once annually and more frequently than that if there are plans to make any changes to the business – whether they are changes to the partnership’s structure or changes to the way that it is run on a day-to-day basis.
While it is always advisable for shareholders to have a shareholders’ agreement in relation to a company that they own, it is often the case that periodic amendments or changes are needed to update changes in the business or changes in the law.
If a shareholders’ agreement is not reviewed regularly, it could no longer work as intended, particularly if there are major changes in the shareholders’ circumstances, and that could reduce the amount of control that the shareholders have if the business takes an unexpected turn.
We strongly suggest that businesses review their shareholders’ agreements at least once annually and more frequently than that if there are plans to make any changes to the business – whether they are changes to the partnership’s structure or changes to the way that it is run on a day-to-day basis.
While it is always advisable for business partners to have a partnership agreement in relation to a business that they own jointly, it is often the case that periodic amendments or changes are needed to update changes in the business or changes in the law.
If a partnership agreement is not reviewed regularly, it could no longer work as intended, particularly if there are major changes in the partners’ circumstances, and that could reduce the amount of control that the partners have if the business takes an unexpected turn.
If you would like to arrange your Free Business Health Check at a time convenient to you, please contact us on 01752 663295, fill out the enquiry form to the side of this page or start a live chat now and one of our team will be able to help.