Moorcrofts Means Business Moorcrofts

This episode of the Moorcrofts Means Business Podcast, sees Moorcrofts commercial property partner, Julia Ferguson, welcome special guest Alex Cummings from Cummings Commercial. 

Tune in as Julia and Alex discuss the process of finding business premises.
Topics covered include:
Key considerations to keep in mind during the search process: From location and size to amenities and lease terms.Heads of Terms (HOTs): The complexities of HOTs, shedding light on the key terms agreed upon between landlords and tenants, emphasising the importance of understanding and carefully negotiating these terms to ensure favourable outcomes for both parties.Rent: Exploring the financial aspects of leasing commercial property, including market rates, rent-free periods, and rent deposit requirements.Alterations: The implications of making changes to leased premises, highlighting the importance of understanding lease obligations and seeking landlord consent for alterations.Repair - FRI/IRI/SOC: Addressing repair obligations, providing clarity on the different repair liabilities, including Full Repairing and Insuring (FRI), Internal Repairing and Insuring (IRI), and Schedules of Condition (SOC). The benefits of using both a solicitor and an agent: The importance of engaging professionals, when searching for business premises, highlighting the advantages of leveraging their expertise, local knowledge, and negotiation skills to secure favourable lease terms and to navigate the process effectively.Downloads:
Heads of Terms FactsheetAlterations FactsheetRepair - FRI/IRI/SOC Factsheet30 Key considerations when moving office FactsheetExample space auditWhether you're a first-time renter or looking to expand your business, this episode offers valuable guidance to help you navigate the commercial property market with confidence.
Tune in now to gain a deeper understanding of the essential steps involved in finding the perfect business premises for your needs.

This episode of the Moorcrofts Means Business Podcast, sees Moorcrofts corporate partner Will Peace, explore the intricacies of Enterprise Management Incentives (EMIs) and Employee Ownership Trusts (EOTs) with special guest EdParkes, Chief Finance Officer at LHi. 
Tune in as Will and Ed discuss the transformative journey LHi undertook, the invaluable lessons learned, and actionable recommendations for organisations considering a similar path.
Topics covered include:
LHi's evolution from a traditional ownership structure to embracing EMIs and EOTs.Understanding the motivations behind LHi's transition towards employee ownership.Highlighting key milestones and challenges encountered along the way.The impact of EMIs and EOTs on LHi's corporate culture, productivity, and employee engagement.Reflecting on the financial and operational benefits experienced by LHi post-transition.Addressing common misconceptions and hurdles faced during the implementation process.Actionable advice for organisations considering EMIs and EOTs.Emphasising the importance of strategic planning, communication, and employee involvement.Offering insights into navigating legal and regulatory considerations effectively.Tune in to this enlightening episode to gain a deeper understanding of EMIs, EOTs, and the transformative power of employee ownership. Whether you're an entrepreneur, business leader, or simply curious about innovative business models, this episode promises to deliver valuable insights and inspiration to employee ownership, incentivisation and exit strategies. 

This episode of the Moorcrofts Means Business Podcast, sees Kate Prentis and Kirsty King from Moorcrofts discuss the intricate world of corporate governance for private limited companies, exploring the pivotal role of directors and their duties and obligations.

Tune in as Kate and Kirsty cover:
Upcoming changes in the Registrar's powers: The increase in the powers of the Registrar of Companies House to tackle economic crime, ushered in by the enactment of the Economic Crime and Transparency Act 2023, which will come into force in March 2024. Identity verification for Directors: The new identity verification process for company directors, unraveling the options provided by Companies House and the broader implications for corporate transparency.Transition to software-only filing: The industry's move towards a 'software-only' filing system and the strategic implications for companies in ensuring effective and secure filings.Directors’ Duties: The core obligations owed by directors under the Companies Act 2006 and other legislation.Constitutional documents: The need for directors to be familiar with the provisions of the company's articles and any shareholders' agreement.Significance of maintaining statutory registers: The importance of maintaining accurate statutory registers and the legal consequences that may arise from neglecting this aspect.Legal requirements for filings at Companies House: The essential filings required at Companies House, ensuring compliance with legal obligations and procedural norms.Directors decision making: when board meetings or unanimous written resolutions may be appropriate.Consequences of breaching Directorial Duties: The potential repercussions directors may face, from disqualification to personal liability for company debts, emphasising the need for directors to have a good understanding of their duties.This episode provides a concise yet informative whistle-stop tour of private limited company governance, offering valuable guidance for those embarking on their business journey.

Welcome to the inaugural episode of our brand-new second series of Moorcrofts Means Business Podcast, aptly entitled 'Navigating the Business Journey from Start-up to Exit and Everything in Between.' 
In this exciting series, our mission is clear: to empower entrepreneurs, business owners, and decision-makers with an arsenal of invaluable insights and expert advice. 
Join us as we delve into the essential facets of not just starting a business but successfully steering it through every stage, from inception to the ultimate exit strategy.

In this first episode of series two, our Corporate Associate, Mohsin Shabbir, engages in a comprehensive discussion titled 'Starting Out: Start-ups and Beyond' with Richard Cooper from Oxford Innovation Finance. 

Tune in as Mohsin and Richard unravel the intricacies of business startup and investment delve into key aspects of business startup and investment, covering:
Investment Incentive Schemes, including EIS and SEISOION and the Oxford Innovation EIS Growth FundUnlocking the potential of Angel InvestmentThe importance of having the correct business structure in placeNavigating due diligencePitfalls and red flags to avoidThis episode provides a wealth of information and expertise to entrepreneurs and investors alike, offering valuable guidance for those embarking on their business journey.

This episode of the Moorcrofts Means Business Podcast, sees our Employment Law Partner, Matt Jenkin discuss the issue of post-termination restrictions in employment contracts with James Bickford-Smith, counsel at Littleton Chambers.  

In the episode, Matt and James discuss:  
what are post-termination restrictionsare they enforced by the courtsthe purpose of restrictionsthe importance of the reasonableness of restrictions; and the need for good drafting.Connect with James Bickford-Smith on LinkedIn: https://www.linkedin.com/in/james-bickford-smith-7b04a825/

Connect with Matt Jenkin on LinkedIn: https://www.linkedin.com/in/mattjenkin/

This episode of the Moorcrofts Means Business Podcast, sees our Employment Law Partner, Matt Jenkin welcome Miles Mather from Transform Coaching to discuss employee wellbeing. 

In the episode, Miles and Matt discuss: 
What is meant by wellbeingWhat are the common workplace issues that can impact on wellbeingHow can an employee improve their wellbeing; and Tips on how an employer can help their employees with wellbeing.    For those who want to hear more about employee wellbeing visit https://www.transformcoaching.co/ and connect with Miles Mather on LinkedIn: https://www.linkedin.com/in/careercoach01/

For those who want to hear more Employment Law updates, connect with Matt Jenkin on LinkedIn: https://www.linkedin.com/in/mattjenkin/