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    3. Managing your business
    4. Insolvency

    Insolvency

    Running your business is tough. There may be times when you hit a difficult period. Insolvency is not something any business owner wants to think about. The sooner you contact QualitySolicitors though, the sooner you can take positive steps to getting your business back on track.

    Insolvency can happen for any number of reasons and can happen to any business too. Business insolvency can happen due to problems paying off debts as and when they fall due. Or it could be that your balance sheet is insolvent. Your liabilities exceed your assets. Whatever your situation, it doesn’t mean it is the end of the road.

    QualitySolicitors will help you think about the best action to take. We make sure you know what your legal duties are when insolvency occurs. Once we understand what it is you are trying to achieve, we work with you to achieve that goal. In simple terms, we explain your options and look at ways to rescue the company or, at the very least, its business.

    If insolvency is a risk for your business, please call one of our legal experts today on 01905 401 893. The sooner we work with you, the quicker you can think about the future.

    Team members

    Frances Woods
    Partner, Head of Litigation
    Worcester
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    Mark Blake
    Partner, Litigation
    Worcester
    Contact
    Claire Simon
    Solicitor, Personal Injury & Litigation
    Worcester
    Contact
    Sarah Grantham
    Trainee Legal Executive
    Worcester
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    Managing your business

    When you decide to run a business, there are times when you need a little help and support. Support with legal matters. Matters that help you take your business where you need it to go.

    Administration and duties

    Whether you are running your own business or are employed to run someone else’s, it is important to have the right legal foundations in place. It may sound dull but it is important. QualitySolicitors Parkinson Wright work with companies of every size, helping them to build the legal foundations they need to be successful.

    Company formation

    When you launch a new company, it is the most exciting of times. Making sure the company is properly formed, or incorporated, is an important first step. At QualitySolicitors Parkinson Wright, we have helped many companies take this first step with confidence.

    Contracts and agreements

    When you enter in to an agreement, you hope that everything runs smoothly. Having legal documents that ensure this is the case provides you with peace of mind. We are experts in drafting contracts and other agreements and can ensure that your interests are protected no matter what.

    E-commerce and IT agreements

    Technology is now part of life - and business. It is hard to remember a time when businesses operated without the internet, emails or the use of other technologies including social media. A new and somewhat uncharted area of law QualitySolicitors can help you operate your IT and e-commerce solutions safely.

    Finance

    Running a business involves many disciplines. The most important, arguably, is management of the finances. QualitySolicitors Parkinson Wright helps business owners understand the necessary legal requirements. Practical advice put simply, leaving you to concentrate on what you do best - growing your business.

    Insolvency

    Running your business is tough. There may be times when you hit a difficult period. Insolvency is not something any business owner wants to think about. The sooner you contact QualitySolicitors though, the sooner you can take positive steps to getting your business back on track.

    Joint venture agreement

    Our joint venture agreement solicitors can advise you on the legal and financial implications of collaborating with a third party. With our commercial expertise, entering into a joint venture agreement can drive your business forward and ensure you achieve your business goals.

    Partnership agreement

    When you go into business with another person, it is important to have a partnership agreement in place. An agreement provides a solid foundation for your company by setting out each partner's duties from the outset. Every business is unique, and so our solicitors draw up bespoke partnership agreements.

    Partnership and shareholders agreements

    Setting up a business requires some thought on the most appropriate legal structure. Whatever the agreement, QualitySolicitors parkinson Wright ensures the rights of those involved are properly taken care of.

    Patents and intellectual property

    Protecting your idea is important to you. Making sure the law thinks so is important too. QualitySolicitors Parkinson Wright ensures your intellectual property is protected - your original ideas safeguarded as preciously as you created them.

    Regulatory compliance and inspections

    Complying with the relevant laws is important. Every business needs to be aware of their statutory obligations. At QualitySolicitors Parkinson Wright, we make sure you know what they are and how to fulfill them.

    Terms and conditions

    Every business should be protected by a standard set of terms and conditions (also called T&Cs). Our solicitors can work with you to identify the potential risks to your business and draft bespoke terms and conditions to help safeguard your company.

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    Why QualitySolicitors?

    QualitySolicitors is the largest network of law firms in the UK, with local law firms spanning the whole of England and Wales and customer service at the heart of everything we do.

    We are dedicated to providing the highest quality legal advice and expertise for our clients, but in a way that’s far friendlier, more accessible and clear-talking than you might expect from a law firm.