Covid-19 continues to have a profound effect on businesses of all kinds. This is most visible in the High Street where, at the top end of the market, the collapse of Debenhams and Arcadia have recently hit the headlines. However, small retailers are also having to examine their viability going forward, and at both a…
Being a sole trader, or running a small firm is a risky business. There isn’t an experienced management team capable of taking the reins should you become ill or die. Meaning 53% of businesses cease trading in under a year if the worst happens. To help, TM Law’s Terry Maylin explains the importance of business…
Most businesses, whether start up or established, will need premises to operate from. But, it is usually only well-established firms who can afford to purchase freehold premises. This means that for the vast majority of Essex businesses we work with, the commercial lease route is inevitable. Trouble is, with most commercial leases running into at…
The decision to take on premises, whether office, shop or industrial unit, is pivotal for the Essex based small businesses we work with. Marking the next phase of growth, and a sign of big plans for the future. Of course, none of the business owners we advise take this step lightly. But, they are often…
Not everyone can work from home, the majority of businesses need premises and these are normally occupied under the provisions of a Commercial Lease. A lease creates many obligations and is invariably drawn to benefit the Landlord and yet it is currently a tenants market. There are plenty of premises out there. When you are…