A Review of Customer Needs In Our First 8 Months of Trading
We updated our experience after the first 4 months trading. Well – it is now 8 months, so I thought it was time to reflect and let
you know which areas of our service seem to be the most requested by our
clients.
We are still seeing a combination of demand for
both our wide selection of ready made legal templates of agreements and letters for
self-populating, and the tailor-made service which we proudly offer to those of
you who require something individually written.
The following is a summary of the most sought after
areas...
1. Shareholder Agreements
In respect of the tailor-made service, we have
written a number of compromise or settlement agreements. This work reflecting now dissenting shareholders of companies that traded without a sound Shareholder Agreement. These chiefly comprise small
businesses, and surprisingly (or not) include those set up by friends who for
some reason or another no longer see eye to eye.
The vast majority of these disputes occurred because
of the lack of guidance and control which one of our Shareholder Agreements
would have given and might therefore have been avoided.
The absence of these agreements not only added to
the existing tension between the individuals but also resulted in increased
professional fees. Please remember that what can start as a happy and rosy
relationship can turn into something unhappy and fractious. The absence of any
agreement setting out rights and obligations can be dangerous and expensive.
Just to remind you that we have a selection of
templates for Shareholder Agreements,
Partnership Agreements and LLP Agreements.
There
really is a need for them.
2. Working from Home
Unsurprisingly, this area is in high demand. We
have dealt with this subject in previous blogs and so many individuals have successfully
changed their working routines. Have a look at our Office Sharing Agreement template
and Home Office Rental Agreement template.
3. Other Income Producing Rental Agreements
Owing to Covid, many individuals are attempting to
increase revenue by renting out assets. You may have income producing assets
without realising. It might be a house whilst you are living somewhere else, a
spare room, lock up facility, motorhome, car, or anything else that might be useful
to somebody else. You might even have a car parking space that you could charge for!
We have had an interesting variation of appetite
for these and our selection of rental agreement templates really does help people earn those extra pounds.
4. Last Will and Testament
At the beginning of lock down, many individuals
sought to put their affairs in order which included obtaining a first or
revised
Last Will and Testament. This is certainly reflected in our figures and
demand is still high. Please remember that our template is up to date and even
includes an facility to properly leave crypto currency if required! Some weeks ago, we did a blog and guide to help you complete a Will (Remember, it costs you nothing to create and edit such a document using our service - We only charge if you want to download the document).
5. Employment Contracts
We have noticed that a number of business still seem to be ignoring the
need for a basic Employment Contract. This can leave employers quite vulnerable,
especially if there is a dispute. Furthermore, and linked with shareholder
disputes, a number of directors do not have the protection and clarity offered
by either a Senior Employment Contract or Non-Executive Letter of Appointment.
We offer a wider template service in respect of HR matters and boast a wide
selection of Employment related Letters and Policies.
6. Policies
Policies and Procedures are so important for the
governance and risk mitigation of a business. Demand has been high. We have also helped customers become registered
with the Information Commissioner and have supplied a range of policies from employment and equal opportunities to basic privacy policies and website terms and conditions.
Please remember that all our templates are easy to fill
in and download. If there is ever anything you cannot find, please contact us!
We are here to make your everyday requirements as
easy as possible.
Here’s to the next 4 months!
John Davies
27th October 2020
Business Registration
When you are looking to get your new business off the ground, the admin of company set-up, trademark protection, data protection and
legal incorporation can be daunting. Making sure you have the right information to hand is important. We can help make sure your
new company get's off on the right footing with our array of off-the-shelf policies and agreements covering all aspects of company
life.
Saving you time and money
We hope you enjoy our short informative blogs. We are all about empowering the individual to take better ownership and control of the legal aspects of their personal and business life. We have a plethora of legal document templates that are quick and easy to explore and create. What's more, creation and editing is free. Explore our templates here
Can't find what you are after?
Well don't forget, as well as self service legal templates, we can offer a "Tailor made document" service
! It's easy to
get in touch right here
.
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