Safeguard your Startup with these 7 Legal Considerations

When starting a business, it is of paramount importance to consider the legal implications involved. This can make the difference between your business becoming a long-term success or a business flop, or even worse, finding yourself in legal or financial difficulty.

With that in mind, we have developed this guide to help you think about the various legal considerations that could help safeguard your start-up from encountering problems throughout your business lifecycle.

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We understand that starting and running a business can be costly, particularly in the beginning when the business is pre-revenue. This often leads to people taking cost-cutting measures when it comes to the business legalities such as attempting to draft legal documents themselves or using online templates or online legal service providers who provide low-cost solutions. While we understand the desire to save costs, this is something we would strongly urge people against doing because it can often result in much higher financial implications when things go wrong down the line.

Regardless of what stage you are at in your business, the financial capital you have, and your business type, it’s always a good idea to get some advice from a lawyer from the outset. A lawyer will be able to advise you on the legal aspects you need to consider for your specific business and where you should be focusing your finances in this respect. Redfern Legal offer a 30 to 45 minute free consultation where we can discuss such things and then provide you with a quote on a no-obligation basis.

Redfern Legal can assist with each of the considerations you will read about in this guide so if there’s anything that stands out to you or that you would like further information on then please do not hesitate to get in touch with the team using the email below:

info@redfernlegal.com

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Disclaimer 

The information in this guide has been issued in the United Kingdom and is provided solely for informational purposes. Accordingly, whilst this guide will be helpful to you when considering the subject matter herein, it does not constitute legal or any other form of advice and must not be relied on as such. It does not provide all the information you may need for effective decision making concerning your business. It is your responsibility to review and conduct your own due diligence on the relevant legislation and rules. You may wish to appoint your own professional advisors to assist you with this. All information in this document is subject to change without notice.

We shall not in any circumstances be liable, whether in contract, tort, breach of statutory duty or otherwise for any losses or damages that may be suffered as a result of any inaccuracies, errors or omissions contained herein nor the use of or reliance on the contents hereof. Such losses or damages include (a) any loss of profit or revenue, damage to reputation or loss of any contract or other business opportunity or goodwill and (b) any indirect loss or consequential loss. No responsibility or liability is accepted for any differences of interpretation of legislative provisions and related guidance on which it is based. This paragraph does not extend to an exclusion of liability for, or remedy in respect of, fraudulent misrepresentation.