Following the news that Agent Provocateur went into administration, with an immediate “pre-pack” sale of the business and assets to a buyer backed by Mike Ashley, it has emerged that unsecured creditors are likely to receive 2.9 pence for every pound they are owed.
After a lengthy recruitment process, you’ve hired the candidate you thought fit best. But you can’t always tell whether you made the right choice until they actually start the job, which is why probationary periods can be a boss’ best friend.
More than four-fifths of businesses surveyed reported that broadband deals are fundamental to operations, so it is encouraging that 82 per cent of business owners claim they are well-catered for by the communications market.
Since City Room Rentals was founded, Findlay encountered issues from early on with his mobile provider.
Currently, energy suppliers must notify clients when a plan is drawing to a close. The provider must give 42-49 days’ notice, and if the client doesn’t get in touch to switch or renegotiate the deal, then it can rollover the contract.
With businesses more likely to use digital contracts, the potential for confusion has multiplied. Terms can now be hidden away in a hyperlink, and the signatory is expected to read all the terms linked to, even when these could be open to change or too general for certain parties.
Departing employees are often well-placed to make use of confidential information. That’s where restrictive covenants come in.
With over 50 per cent of his business coming through public sector tenders, Richard Blanford reflects on why he’s been successful in getting work this way.
Christina Wojcik, vice president of legal services at Seal Software, breaks down the steps to consider throughout M&A deals.
While it’s a quarter of a century since Richard Blanford set up Fordway, he reflects on new opportunities and why he’s in business for the same reasons.
Starting a business that would one day go on to achieve a gross transaction value of £450m and net revenue of £25m around the time of the dot.com boom, entrepreneur Dale Murray has a story with as many twists and turns as a Stephen King thriller.
If you have ever attended one of those team building courses chances are that you will have had to participate in the activity where you are asked to close your eyes and fall backwards safe in the knowledge that a colleague will catch you. This is of course designed to illustrate (very effectively) the importance and value of trust.