- Original Poster
- #1
A couple of years ago i started a limited company offering SaaS and other online services. Due to limited funds I couldn't afford a solicitor to write contracts and set out T&Cs for my work and all of the work was agreed verbally. Fast forward to today, the SaaS has grown, so did the business needs too, but some customers refuse to pay for my services and I have to pay out of my pocket to maintain it.
I spoke to a couple of solicitors that are happy to write the contracts and the T&Cs, but none of them can answer my question, and as far as I know I cannot force anyone to sign a contract, so even if I pay for the contracts, the "problematic" customers will refuse and that's where I see a dead-end.
The limited company belongs 100% to me, I haven't taken any grants or loans. The limited company owes money to me, because I keep funding it, and it has no assets or premises/offices yet.
So my question is, if I close down the company, write the contracts and T&Cs and then open a new limited and notify my customers of the new legal entity as new owner, that they have to agree to the new company's T&Cs in order to carry on providing the service, will I be held responsible personally as the director of the old and new company, or is it fine and I can go ahead with it?
I really cant afford to pay for my business expenses and servers and hosting and other services for customers who don't want to understand and I have exhausted all other ways to make them understand.
If this is not an option, what would you advise me to do to get out of this situation? It's time consuming and I have no energy to work on my projects anymore.
On a further note I am still looking for a solicitor who can help me grow my business properly, so if anyone is interested in working with me, please feel free to DM me.
Thank you
I spoke to a couple of solicitors that are happy to write the contracts and the T&Cs, but none of them can answer my question, and as far as I know I cannot force anyone to sign a contract, so even if I pay for the contracts, the "problematic" customers will refuse and that's where I see a dead-end.
The limited company belongs 100% to me, I haven't taken any grants or loans. The limited company owes money to me, because I keep funding it, and it has no assets or premises/offices yet.
So my question is, if I close down the company, write the contracts and T&Cs and then open a new limited and notify my customers of the new legal entity as new owner, that they have to agree to the new company's T&Cs in order to carry on providing the service, will I be held responsible personally as the director of the old and new company, or is it fine and I can go ahead with it?
I really cant afford to pay for my business expenses and servers and hosting and other services for customers who don't want to understand and I have exhausted all other ways to make them understand.
If this is not an option, what would you advise me to do to get out of this situation? It's time consuming and I have no energy to work on my projects anymore.
On a further note I am still looking for a solicitor who can help me grow my business properly, so if anyone is interested in working with me, please feel free to DM me.
Thank you
