Services
Risk management & business protection
Protecting you and your business
Running a business can be rewarding but also very challenging.
There are many factors that impact the success of your business, from the people you hire and the people you contract with, to how well you manage a job. Sometimes your business can be affected by factors outside of your control.
The key is ensuring you and your business are covered when the unexpected occurs – we want to see your trade business succeed and grow.
Key tips
- Ensure you have the right business structure for your business – there are many types of business structures – companies, partnerships, sole traders and so on.
- Protect your personal assets – If you are holding your personal property in your own name, remember that if something goes really wrong in your business, you may lose that property. There are options to avoid this, such as establishing a family trust.
- Plan for the future – the people running the business won’t live or stay with you forever. Implement incentives and documentation to ensure your business has wings after you or your key people are gone. That could be anything from a shareholders’ agreement governing the shareholders of your company to an employee share scheme bringing the next generation into the management of your business.
- Protect your brand and ideas – legally, there are ways to ensure your brand and ideas are protected. If you don’t want someone else to use your brand or ideas without your permission, we can help with trademarks and IP.
Fact sheets
We’ve put together a range of free resources to support trades businesses to navigate the legal landscape, click the below links when planning business structures.
Meet the team
News & Insights
Risk Management legal updates and case studies
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