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Governance & Ownership

5 articles

The Employer Threshold: Nine Decisions to Settle Before the First Payslip

The Employer Threshold: Nine Decisions to Settle Before the First Payslip

Hiring a first employee is usually described as a recruitment task. It is more accurately a change of legal status, and most of the cost and exposure is fixed before the contract is signed. This is a pre-hire checklist for directors who would rather settle nine questions in one sitting than discover them at the first payroll run.

The Guarantee File You Did Not Know You Had: A Director’s Audit Before Lenders Call

The Guarantee File You Did Not Know You Had: A Director’s Audit Before Lenders Call

Personal guarantees are often signed in the margins of a facility letter, lease or supplier account, then forgotten until a demand arrives. This article sets out a practical one-afternoon audit for UK directors, with the questions to ask on scope, caps and joint liability, and how to record a negotiating position with the board in 2026.

Before the Argument: A Director’s Health Check for the Shareholders’ Agreement

Before the Argument: A Director’s Health Check for the Shareholders’ Agreement

A shareholders’ agreement is usually read when relations are already strained. That is the wrong moment to discover that the deadlock clause is vague, the valuation method is disputed or the drag-along right does not work. This health check helps UK directors review the agreement while there is still room for a sensible conversation.