How to protect your small business – a quick guide

As a business owner, it’s your responsibility to do everything within your means to limit risk and keep the business running smoothly. From opening your business, setting it up or incorporating it properly, opening bank accounts, registrations for VAT, PAYE and setting up premises, there is a lot to be done.  As your business becomes more successful, it also becomes more vulnerable. There are many potential disasters that can harm your business, which means you need to be prepared and take legal advice on aspects you are unsure of.

Ensure you have a shareholder’s agreement – On starting a company with more than one shareholder, shareholders are often advised to make a Shareholders’ Agreement, in order to further regulate the way business between them is to be conducted and how the profits of that business is to be distributed. Disagreements on business matters will almost inevitably occur at some point throughout the company’s existence. A good agreement will put in place a mechanism to help resolve disputes. Disputes could otherwise severely hinder the progress of the business and be particularly costly.  A serious shareholders’ disputes can also lead to an ultimate demise of the business if not handled correctly.

Put in place an employment contracts – An employment contract (and ancillary employment documents) is something that is introduced as one of the first documents that a new employee will receive and will need to sign. It outlines the employee’s role within the company as well as the various details regarding the job itself such as working hours and various agreements between both parties.  Getting the basics right for your employees from day one avoids problems in the future.

Intellectual property infringements – Businesses take reasonable steps to protect fixed assets, like their stock and equipment. Trademarks, patents and copyrights can all also add value to your business. Whenever businesses introduce something to the world, there’s a risk they might be copied. This risk is amplified by the internet, which makes it easier for unique IP to be stolen.

Insure your business – Insurance is one of the major aspects of businesses. You should obtain liability insurance (as well as employers liability insurance). This will come in handy if a client slips and falls in your business premises for instance! An insurance regarding errors and omissions will provide ample coverage in case a customer accuses your business of not living up to the contract or agreement.

At Aston Bond we are here to help you implement the steps which will ensure that your company is well-protected and prepared for growth. For more information or assistance, please contact us on 01753 486777.

Conveyancing searches – everything you need to know….

What are conveyancing property searches?

Before you become committed to buying a property, you need to know the important details about it as it is potentially the biggest investment you make.

Searches are crucial in underlining any possible and unseen risks that can affect the future value of your investment and enjoyment of your property in years to come.

Do I have to complete searches?

They are not always compulsory – however without searches you could end up with a property which:

  • Has a debt / local land charge attached to it which you will take over if you continue to buy the property without having the debt rectified before your purchase
  • Regularly floods, meaning insurance is difficult, if not impossible, to secure
  • Ends up with a sudden hole in the back garden due to a mineshaft collapsing
  • Sits on a land which was previously used for industrial purposes and may be contaminated with solvents or gases that could cause harm or pollute surrounding water

What searches does my property need?

Ultimately, this depends on the location of the property you’re buying.

Your Property Lawyer will advise you on what searches are required for your property depending on the specific location.

What are the main searches carried out?

  1. Environmental searches

This search highlights:

  • Flooding issues
  • Landslide issues
  • Subsidence issues
  • Contaminated land issues

2. Water and drainage searches

This search highlights :

  • If the property is connected to a public water supply
  • The location of the public sewer
  • Who owns and maintains the sewers, drains & piping
  • Whether the water supply is metered or rateable
  • Any charges related to the water supply that may be outstanding

3. Local authority searches

This search highlights:

  • Planning and Building Regulation issues
  • Rights of Way
  • Whether the local authority maintains your road
  • Pollution issues
  • Common Land and village greens

How long is my local authority search valid for?

Local authority searches are valid for 6 months. So if a search was ordered in January, completion would be required by the end of June or another search would have to be ordered (dependant on your Lender’s requirements).

What are title searches?

This search will tell you:

  • Who previously owned the property
  • What charges or debts are registered against the property
  • What price they paid for it

The title plan map shows :

  • The location of the property
  • The general boundaries of the property

Is this search optional?

No. This is an essential search to prove that the seller is the legal owner of the property and has the right to sell it to you.

At Aston Bond, we believe searches play a vital role in helping you understand the risks attached to the property your purchasing. For more information, contact our team of specialist conveyancing solicitors headed by Kulbir Conner on kconner@astonbond.co.uk or 01753 486777

Property solicitors at Aston Bond- The experts you can rely on

A property transaction might be one of the most important financial transactions you will ever make.

It can be a stressful and anxious time. There are a lot of things to think about – mortgages, leases, how you’re going to own the property and what shares, searches, and stamp duty.  That is on top of the stress of potentially selling your current home and arranging for packing and removals!

This is where working with a highly experienced conveyancing team, who can provide you with all the support you need, really makes a difference.

It’s worth taking the time to choose carefully because a good conveyancing solicitor will:

  • Speed up your transaction.
  • Make sure the process is as stress-free as possible.
  • On the panel of many lenders

At Aston Bond our team offer more than just the simple completion of the legal formalities. We like our clients to feel that they always know what the next steps in the process are, so we’ll keep you advised of the progress of your transaction along the way.

For more information, please contact 01753 486 777 and we’ll direct you to our property team!

National apprentice week

Apprenticeships are rapidly changing the workplace as we know it.

According to data from the national apprenticeship service, 92% of companies that have taken on apprentices believe this led to a more motivated and satisfied workforce.

Apprenticeships are often seen as a less traditional way of entering the work force but they provide a unique opportunity to earn while you learn.

” Joining Aston Bond as a digital marketing apprentice was such an amazing decision. I am so glad I took the step to join the world of work where I have gained a vast amount of skills, confidence and mindset to be the best digital marketer I can be “.

” I would like to take the chance to thank the lovely team here at Aston Bond who have shown me enormous support which has helped me to flourish in my apprenticeship and give me the kick start to my career ” .

Meet our newly qualified solicitor – Lauren Johnson

Congratulations to Lauren Johnson who has recently qualified as a Solicitor within our Dispute Resolution team!

Lauren Joined the firm in October 2021 and is experienced in dealing with a range of litigation matters.

Some words from Lauren:

 “My training as Aston Bond has been an incredibly valuable experience. The opportunities and range of work I have been involved in at Aston Bond has given me a great insight into working in litigation.

I was able to have plenty of client interaction during my training which is important as I was able to gain an understanding of how to communicate with clients from start to finish on their matters.

I am very grateful to have been given the chance to train with Aston Bond and I look forward to continuing to develop my skills as a solicitor within the litigation team.”  

 At Aston Bond we are extremely proud of Lauren and she has worked extremely hard to achieve her goal as a qualified solicitor!

25 years anniversary BNI networking

This Friday 27th January Kulbir Conner ( Head of Conveyancing solicitor ) and Laaibah Bhatti ( digital marketing apprentice) attended the business networking event.

We are proud to announce that we have been a member of BNI for over 20 years and are still going strong.

BNI is an organisation set up for business professionals who help each other grow their businesses. Each week, in thousands of communities across the globe, members meet with other trusted business leaders to build and nurture lasting relationships and pass qualified business referrals.

This was a great opportunity to get together and commemorate the last 25 years of business networking.

Laaibah gave a speech on how greatly she appreciated the support of all her fellow colleagues as a Digital Marketing Apprentice at Aston Bond!

We would like to share with you some snippets…

‘Meet the Chamber ‘ event – Friday 20th January 2023

This month, two of our solicitors, Lauren (Litigation) and Lara (Private Client), attended the Reading business networking and ‘Meet the Chamber’ event.

 This was a great opportunity to receive the latest news and updates from the chamber. 

The Reading business networking chamber is one of the largest chambers in the UK and the only accredited Chamber of Commerce in the Thames Valley – they understand the importance of networking and promoting businesses far and wide. 

We feel it’s always beneficial to meet in person from time to time. Getting to know speak to people in different industries increases our ability to help our clients when they need us.

Menopause – a tough time for many women

What is menopause?

The menopause is when a woman stops having periods. While this natural stage of ageing tends to happen around the age of 45 to 55, some women experience it earlier in life. Certain health conditions, as well as medical interventions and medication, can also trigger it.

When going through the menopause (or the period just before it which is known as perimenopause) women experience symptoms such as:

  • Hot flushes
  • Repeated urinary tract infections (UTIs)
  • Difficulty sleeping
  • Anxiety
  • Mood changes
  • Difficulties with memory and concentration (often referred to as “brain fog”)

What do studies show?

According to Newson health (a specialist clinic) 51% of menopausal women take time off work due to their severe symptoms.  

The report published by the cross-party Women and Equalities Committee of the House of Commons in July 2022 also confirmed that menopause was causing the UK economy to “haemorrhage talent”.

The existing data highlights why women feel concerned about their difficulties. Many of them fear discrimination, ranging from being skipped for promotion to losing their jobs. Under the circumstances, they might deny what they are going through, and avoid seeking support.

What has the government done?

The report from the Committee made various recommendations, key amongst which was making menopause a protected characteristic and including a duty to provide reasonable adjustments for menopausal employees.

The government however has refused to do so on the grounds that such an action could have “unwanted consequences” and could inadvertently “…discriminate against men”.   In clarifying, some of the concerns surrounded whether men with long-term medical conditions would be disadvantaged or become less protected.

Among the other recommendations made by the Committee was the introduction of menopause leave under which a woman would be able to take leave from work if they were suffering from severe menopausal symptoms, similar to being able to take maternity or parental leave.

In common with the protected characteristic proposal, this was also rejected by the government.

In response, a government spokesperson said: “We recognise that the menopause can be a challenging time for women, which is why we have put women’s health at the top of the agenda as part of the first-ever women’s health strategy for England.

“We are implementing an ambitious programme of work with the NHS to improve menopause care so all women can access the support they need.”

Despite the government not backing some of the recommendations made by the Committee, it has backed and will implement other recommendations made.  It is also widely accepted that there has been a shift in attitudes generally and discussions are taking place within businesses, the NHS and other relevant bodies which is pushing these issues to the forefront.  Furthermore, employees that are having issue due to the menopause may be protected within the Equality Act under both age and gender discrimination.

Despite the government refusing to go as far as some may have wanted, a menopause policy within the workplace is looking more and more essential to guide employers and managers on how to deal with such situations.

At Aston Bond, we can advise on policies to implement and training for employers as well as advising employees who may be experiencing issue at work surrounding this topic.  Please contact imardarescu@astonbond.co.uk or 01753 486777

COVID on the rise, what this means for employees…

COVID is very much still with us!

The virus will once again put pressure on the NHS this winter…

The British government may have ended all legal covid-19 restrictions however with cases still fluctuating, is going to work when you’re sick really a good idea?

In this article we will answer some of your top asked questions…

Can I go to work with covid?

Yes. Even after testing positive for covid, you can go to work.

However, workers are encouraged to follow the government’s guidance and stay at home until they have tested negative twice with the tests being taken 24 hours apart.

Do I have to test for covid before going to work?

No, you don’t have to test for Covid before going anywhere, including to work.

Most people in England are no longer advised to get tested and can no longer get free lateral flow tests from the NHS unless you are one of a small number of people who are eligible.

Those who want to get tested must buy a Covid-19 test from pharmacies and other retailers.

What should I do if I feel unwell?

According to the department of Health and Social Care, you should work from home if you can avoid contact with other people if you are experiencing any of the covid symptoms…

Symptoms of covid include a continuous cough; high temperature or fever, loss of or change in normal sense of taste or smell, shortness of breath, lack of energy, lack of appetite, headache, sore throat or runny nose.

What are employers’ obligations?

Although there is no requirement for employees to tell an employer they have tested positive for covid, employers do have a duty of care to all of their staff.  This means that if an employer is put on notice that an employee has covid, they should do their best to avoid placing other employees at risk.  This is particularly the case when other employees may be vulnerable.

Government guidance currently states that employees should stay away from the workplace until they have had 2 negative tests at least 24 hours apart.  Where possible, it is highly advisable for employers to ask their staff to stay at home until this time.

On a practical level, keeping the workplace as safe as possible will limit the number of staff who succumb to covid generally. 

We understand that the impact of the pandemic is still being felt deeply by employees, leaders and HR practitioners. For more information or guidance, please contact imadarescu@astonbond.co.uk or

01753 486777