Owner Managed Businesses leaflet
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At BWB we recognise that the private and business activities of an entrepreneur or owner manager are not always distinct and separable. We take a holistic approach to advising our entrepreneurial clients. As they journey from an inspirational idea through building a business and raising a family into retirement and philanthropic giving, we ensure that both their private and business legal needs are addressed.
The Owner Managed Businesses team is led by Corporate and Commercial Partners, Vanessa Williams and Peter Bohm. Vanessa and Peter have devoted their careers to working with owner managed businesses and are passionate about this sector. They coordinate a full service to owner managers across all our departments and ensure that the advice given is practical and commercial as well as legally robust.
PARTNERING YOUR JOURNEY THROUGH BUSINESS AND LIFE
1 Conception
• Protecting idea/IP rights
• Immigration to allow economic activity in UK
• Making a will
• Audit property portfolio to finance venture
2 Getting started
• Consider legal structures/seed funding/shareholder arrangements
• Tax planning
• Personal and business insurance
• Raising finance from personal assets
• Leasing or buying business premises
3 Growth
• Customer/supplier/employee contracts
• Corporate tax
• Personal guarantees
• Immigration of dependents
• Expansion of business premises
• Provision for family
4 Maturity/consolidation
• International contracts
• Bank or venture capital funding
• Joint ventures/mergers/acquisitions
• Capacity issues/succession planning
• Immigration leave to remain
• Leasing or buying new premises
• New family home/second home
• Resolving disputes
5 Succession/Exit
• Sale of shares/assets or listing
• Retirement/inheritance tax/succession planning
• Acquiring British citizenship
• Buying property for investment/gifting property or assets
• Selling business premises/transferring leases
6 Philanthropy
• Angel investment in new start up
• Philanthropic giving/charitable involvement
• Reviewing will/personal estate
• Providing for dependents
• Gifting property/proceeds of sale to family or charity
• Acquiring assets for retirement activities
Some comments from owner managers with whom we work:
“Apart from their highly efficient professionalism throughout, working with the staff at BWB was like having a friend who never gives bad advice. I had absolute confidence that our side was being handled impeccably at all times even when the going got sticky. I truly believe that without the diligence, resilience and determination to get a result deployed by BWB, the business would not be here today facing the exciting future it does.”
Chis McLaughlin, Editor, Tribune Publications
"This outfit inspires extraordinary loyalty amongst its clients, who say they “turn to the firm time and time again” and particularly value its “unerring sense of what we want and the time pressures we are under. When you hand the deal over to one of the lawyers, you know there will be no need to chase things up at all”.”
Chambers UK
“We were delighted to complete this deal and my brother and I were impressed with the high standard of support we received from the team at Bates Wells.”
David Lunan, Fiorelli Handbags
“Clients are also keen to applaud the team’s service delivery: “Work is always delivered on budget and at the time promised”.”
Chambers UK
For further information please contact:
Vanessa Williams
020 7551 7787
v.williams@bwbllp.com
Peter Bohm
020 7551 7829
p.bohm@bwbllp.com
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