Russell-Cooke has helped numerous start-ups put their business idea on a sound legal footing. We can provide specialist commercial legal advice for any start-up or new business.

We offer a package of fixed price specialist advice designed for cost conscious start-up and growing businesses including documents and registrations. 

Members of the team frequently train entrepreneurs on the legal aspects of setting up a business, contact Guy Wilmot for a copy of the training materials.

When starting or growing a young business keeping control of costs and budgets is critical. We understand that legal costs are often uncertain as many law firms are reluctant to offer a fixed price for legal work.  For this reason many businesses do not obtain formal legal advice at the outset, something which they may later regret. Many problems are more expensive, time-consuming and difficult to deal with later in the life of a business and may even reduce the value of the business.

Legal pack for start-up businesses

Russell-Cooke's legal pack for start-up businesses provides you with a flexible package of specialist legal advice, documents and registrations, adapted for your business, at a competitive fixed price.

We will discuss your business plan with you and advise you on the legal requirements of your business on a free, no-obligation basis. If you have a limited budget we can help to prioritise your legal requirements. We will break down your requirements into individual fixed-price deliverables. We will liaise with our specialist employment department for particular employment law deliverables. 

You will have the peace of mind of having obtained professional advice while controlling your costs.

Russell-Cooke's start-up pack includes:

  • free half-hour no-obligation telephone consultation
  • advice on the legal requirements of your business (what you need to do or to get started)
  • as many (or as few) of our product deliverables as you need - at a competitive fixed price

Deliverables

The deliverables may include the following:

  • company formation
  • shareholders or partnership agreements
  • terms of business
  • employment contracts
  • employee handbook
  • articles of association/constitution
  • trade mark search and application, domain and business name advice
  • self-employed consultant contract
  • loan agreement
  • website terms of use and privacy policy
  • security document (debenture or legal charge)

Examples of our work include: 

Sector expertise

We have advised start-ups to set up businesses in sectors as diverse as hospitality, e-commerce, software, tech, automotive, distribution, recruitment, fast moving consumer goods, property, advertising and marketing, communications and media.

Terms of business

We frequently assist businesses to develop user-friendly template terms of business and provide staff training on contract formation and contract risks.

Corporate affairs

One area where we can add significant value is to advise on the corporate structure and the terms of shareholders and partnership agreements. Allowing any issues which later develop to be dealt with more easily.

Russell-Cooke offers a half-hour initial consultation free of charge with no obligation. For new businesses our start-up pack allows for as many standard documents and applications as may be required for the new business on a competitive fixed-fee basis allowing you to keep to a fixed budget for the new business.

Entrepreneur’s Relief

This is the relief from capital gains tax which in many circles will reduce the rate of tax paid by the seller of shares in a private company from 18% to 10%. The link above is to HMRC’s help sheet on the subject. For more advice please contact Russell-Cooke’s corporate tax specialist, Scott Leonard on 020 8394 6520.

www.gov.uk/entrepreneursrelief

Business Link

Business Link was developed in partnership with subject experts within government and relevant business-support organisations to help companies comply with regulations and improve performance.

In October 2012, a new ‘centralised’ Government website replaced both Businesslink.gov.uk and Directgov.uk (www.gov.uk)

www.businesslink.gov.uk

HM Revenue and Customs - Tax issues when starting a business

A briefing note from HM Revenue and Customs dealing with tax issues which need to be considered when starting a new business.

www.hmrc.gov.uk/leaflets