business services corporate and commercial

Restoring a Company

For a businessperson, the idea of your company or one you are involved with being dissolved is a scary one. However, restoring the company can be a challenge worth undertaking! If you are interested in recovering a company, Else Solicitors can help.

A Question of Intestacy

Imagine this situation – a parent has written a Will leaving their estate to their 2 children in equal shares. Then after doing this, they make a gift of a substantial sum of money to the younger sibling to help them buy a house. If the parent then dies without making a similar gift to the older child, do we end up with an imbalance in the estate – would/should the older sibling expect to receive more from the estate to balance up the lifetime gift to their sibling? This is where the double portions rule is likely to be effective.

Minimise debtor days with effective credit control

Every business knows that cash is king. The best way to monitor cash flow is with effective credit control.
To ensure you get paid for your services and reduce debtor days you must take a positive approach to credit control and minimise the risks of debts becoming overdue. Establish a procedure for credit control, in accordance with your T&Cs and follow it.