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Stafford Chamber of Commerce Presidents Lunch and AGM

Posted on by Amy Glover

Local Mp Jeremy Lefroy and Staffordshire Police and Crime Commissioner Matthew Ellis joined Local Businesses for the Stafford Chamber of Commerce Presidents Lunch and AGM at the Moat House Stafford which saw the Election of Tim Jobson, Director of Jobsons Solicitors Stafford, as the new President of the Stafford Chamber of Commerce.

 

Pictured from left:

Sara Williams Chief Executive of Staffordshire Chambers of Commerce; Jane Gratton Deputy Chief Executive; Matthew Ellis Staffordshire Police and Crime Commissioner; Tim Jobson Incoming President; Jonathan Andrew Outgoing President and Jeremy Lefroy MP for Stafford

 

 

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Tim Jobson elected as President of the Stafford Chamber of Commerce

Posted on by Amy Glover

Tim Jobson, Director and Head of Corporate and Commercial at Jobsons Solicitors has been elected as the President of Stafford Chamber of Commerce.

 

Stafford Chamber supports Business of all sizes and sectors in Stafford Borough and forms part of the wider Staffordshire Chambers of Commerce Industry, a member of the British Chamber of Commerce, the voice of Business and the premier organisation representing businesses in the UK

 

Membership of the Chamber helps business by supporting them to grow, providing training and forging links with other local businesses and the local community.

 

Tim said ‘I have been involved in the wider Chamber of Commerce for many years and feel passionate about the work that we do for Business locally and nationally. I am delighted to have been elected as President. Stafford Chamber, including its Stafford Enterprise arm, has made great strides forward under the guidance of retiring President Jonathan Andrews and I look forward to continuing the drive to provide the solutions Businesses want and supporting the thriving Stafford Business community.

 

If you are interested in joining the Chamber of Commerce find out more at http://www.nscci.co.uk/stafford/.

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Selling a business – Due Diligence

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Any business sale to a third party (whether of shares or assets) will involve due diligence investigations by the buyer.  It is best for a seller to be prepared.  If there are likely to be a number of bidders, consider establishing a data room where information is made available, either for physical inspection or on the internet.  In other cases, if my firm is instructed early on a sale I recommend that the legal due diligence information is obtained then and packaged ready for the buyer when the deal is struck.  This saves time but even more importantly will identify any problems which need to be resolved before the sale can go ahead.

Due diligence focuses primarily on legal and financial matters, but may extend to separate commercial and environmental checks.  Main areas of concern will always include verifying profitability, long term contracts (and change of control clauses), claims, employees, pensions, property, computer systems and IP rights.

As a firm we always seek to work closely with the seller’s accountants (and other advisers involved in the process).  A team approach avoids duplication and ensures that the business is being presented in a proper but attractive manner.

Providing full due diligence information is an essential part of the sale process.

The warranties in the purchase agreement will back up the due diligence information, but are not a substitute for it.  The primary purpose of both is to tease out all relevant information so that both seller and buyer can have confidence in the package being sold.  Sometimes where no warranties are to be given by shareholders, due diligence is the only safeguard for a buyer, e.g. with a Chamber of Commerce or similar not for profit guarantee company, or a publicly quoted company.  

Cost is always a factor and tempts buyers to cut corners. An extreme example is a brief I received, when acting for a buyer of a not for profit guarantee company to choose 5 areas of the targets activities and limit due diligence to those areas.  I refused to accept instructions because due diligence should not be compromised in these situations.

Well organised law firms and accountants will not charge the earth and will prove good value (whether acting for sellers or buyers) and the result of the due diligence exercise will almost always have some beneficial effect on finalising the terms of the deal.

Tim Jobson
Jobsons Solicitors Limited

A shortened version of the above appears in the September edition of Midlands Insider magazine.

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Thinking Of Selling Your Business

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Many owner-mangers traditionally treat their businesses as a large part of their pension pot. For many years, there were ready-made buyers and a deal could be agreed formally.

Sadly, the present business environment makes this much more difficult to achieve. Teamwork between the business’s accountant and solicitors, as well as the appointment of a specialist broker experienced in selling that type of business, has become key to a successful sale. Continue reading →

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Business Law Solicitors You Can Trust This New Year

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The turn of a new year can mean a whole host of things for your business. The prospect of a prosperous year, new ventures and exciting challenges are just a few of things you may have in store. With business being such an intricate and fine-balanced industry, finances can quickly become a concern if not managed properly.

This is where Jobsons Solicitors comes in. As specialists in all aspects of Business Law, Capital Tax planning, Wills, Trusts and Estate management, it is no surprise that we are the first choice for many when it comes to advice and representation.

Solicitors Here For You

Based close to the M6 in Stafford, but operating throughout the Midlands, our wealth of experience and specialist services ensures that our clients receive only the best and most practical sources of advice and information. We understand that every issue will have a catalogue of unique problems and restrictions.

It is for this reason that we pride ourselves on offering tailored and pragmatic solutions to our customers ensuring they are looked after from their initial consultation right through to finding a resolution. Our clear and concise advice comes with the knowledge that we are highly qualified and experienced in this field.

Our dedication to solving your business and financial concerns as well as our high degree of expertise is at your disposal. So get in touch with us today on 01785 711 568 to book your consultation and find out how Jobsons Solicitors can help your business in 2013.

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Why Choose Jobsons Solictors This New Year

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Whilst it may still be two months away, you may already be thinking about the new Tax Year and what it will mean for your business. The world of business law is a complex and intricate affair and, if not managed properly, can have detrimental effects on your business as well as causing legal complications.

Jobsons Solicitors are specialists is all aspects of business law and can advise and assist in putting in place business structure tailored to your personal tax situation, with particular regard to Capital Gains Tax and ultimate Inheritance Tax liabilities. We would work closely with your accountants and with specialist tax advisers to ensure that the chosen solution is well thought through, robust and tax efficient.

What makes us stand out from our competitors?

Wealth of Experience & Expertise

One thing that cannot be argued is the vast amount of knowledge and business law experience we have at our disposal. We are specialists in our field meaning that you will be receiving only the best and trusted advice around.

Solutions Tailored To You

No two problems are alike, which is why we will offer a solution that is tailored around you. Whatever your requirements, we are dedicated to ensuring that you receive only the best advice for you and your business as well as being on hand to answer any questions or queries you may have.

Trust In Our Service

We understand the concern that many people have over their finances and business ventures due to the current economic climate. Our clients have confidence in the advice we provide, and that advice is available to you too.

So if you are looking forward to the new Tax Year with slight concern, call us today on 01785 711 568 or check out our website to find out how our specialist services can help you and your business in 2013.

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Employment Law Changes

Posted on by Amy Glover

There are a number of changes to Employment rights, particularly relating to Redundancy, which come into effect in March of this year. Most notably:-

1st March 2013

6th April 2013

If you or your Company may be affected by these changes please contact us at Jobsons Solicitors where we can assist Companies and Individuals from Stafford, Wolverhampton, Birmingham and the Midlands to National and International organisations.
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T.E.P qualification for Amy Glover – Head of Wills, Trust and Probate

Posted on by Amy Glover

Amy Glover, head of the Wills Trusts and Probate department , has been accepted as a member of the Society of Trust and Estate Practitioners, after being awarded their Diploma. They are the worldwide professional body for practitioners in the field of estates, trusts and related issues.

 

Amy received the Diploma after studying for two years alongside her role at Jobsons Solicitors. The STEP Qualification assures the highest abilities in the Trusts and Estates area and members are best equipped to help families plan their long term financial future, and comply with often complex tax rules surrounding estates, trusts and inheritance. Amy is now only one of two solicitors in Stafford to have achieved this accolade which will help ensure the company continues to provide exceptional expertise and advice to clients across the Black Country, West Midlands and Staffordshire.

 

Tim Jobson, Founder and Director of Jobsons Solicitors said: “As a team, we have extensive experience within the legal field and our main passion is ensuring that we provide the best possible service to each and every one of our clients, which Amy has shown in her hard work and enthusiasm in gaining this qualification. Her dedication has certainly paid off and we’d like to offer her our warmest congratulations.”

 

For further information please call a member of our dedicated team

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A Guide to Trusts – Find Out All You Need to Know

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Just like a will, a trust is there to give you peace of mind that after you’ve gone, you’re loved ones will still be protected and provided for. However they thought of setting up a trust can seem quite a daunting task so we have put some information together to help make the process more straightforward. Continue reading →

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OWN YOUR OWN BUSINESS JOBS FAIR

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Thinking of setting up your own business?

Small business owner thinking of your next move?

Thinking of taking on apprentices or other employees?

Jobsons Solicitors is pleased to announce that we will have a stand at this event.
The event will be on Saturday 17th November 2012 from 10am to 2pm.  The event is being organised by Stafford Works, a charity founded by Jeremy Lefroy, MP for Stafford, to promote apprenticeships.  Jeremy will be at the event throughout.  Other exhibitors are

 

Stafford Works

Stafford Chamber of Commerce

Stafford Enterprise

Dean Statham Chartered Accountants Stafford

Barclays Bank Stafford

Black Country Reinvestment Society.

 

Jobsons Solicitors provides business advice for businesses of all sizes and can help with the initial paperwork that you may require to get your business up and running.
We pride ourselves in establishing long term relationships with clients, identifying their needs and providing pro-active and practical advice.

 

Please do come to the event and see what we, and the other exhibitors, have to offer.

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