Recent content by NorthernStar

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    Taking a step back from my business - what are the options?

    Thank you Clinton, that's sound advice. For Option 1 then there would need to be an upfront payment in addition to a payment based on targets based option. At the very least they'd have me for a year to smooth any transition and grow their business. Otherwise it would be a non-starter for me...
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    Opening sex toy factory

    Have you identified a gap in the market that needs filling?
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    Taking a step back from my business - what are the options?

    We'll that's true but also not the full picture. I currently have freelance business development and project managers looking after some clients with me providing an overview. So our clients can deal with 3-4 people in our business depending on the project requirements. They're employing us...
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    Taking a step back from my business - what are the options?

    Hi, looking for some advise on taking a step back from, or possibly selling a business. I run an event design & management consultancy (limited company). I started this business from scratch 8 years ago and have organically grown it during this time, currently turning over roughly £450,000...
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    How to Merge Two Businesses?

    Thanks Guys, already spoken to an accountant about this and also need to go and see a solicitor. Aside from the financial issues, the concerns I need to address include, what happens if one of the directors decides to leave, what if someone dies, is there a way to easily separate a business...
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    How to Merge Two Businesses?

    Looking to merge my small business (LTD Company - just myself) with another LTD company (two directors). Both companies work in the creative industry and would compliment each other nicely. We have worked together on combined projects over the last two years so already have a good idea of...