Practice News
What are the risks of taking out a personal guarantee on a loan?
The Local Solicitor team understand that to fund the growth of your business, you’ll almost certainly need to take out a business loan at some point. But many lenders will ask you to provide a personal guarantee against this business loan – and there’s a risk element to consider when taking out finance. So, what…
Read MoreHow to Increase Profits in Your Small Business
As a small business owner the Local Solicitor team know that increasing profits is a key goal that drives growth and sustainability. However, it can be a challenging task in a competitive market. In this article the Local Solicitor team will explore effective strategies that can help you boost your small business profits and achieve…
Read MoreAre you in control of your staff expenses?
The Local Solicitor team understand that when your managers and employees have their own budgets to utilise and spend, it’s important to keep in control of these staff expenses. It used to be standard practice to have a firm-wide company credit card that staff could use to make ad-hoc and recurring payments. But a company…
Read MoreNavigating the Challenges of Small Business Finance
The Local Solicitor team understand that managing finances is a crucial aspect of running a small business. However, it can often be a daunting task for small business owners who may not have a background in finance or accounting. In this article the Local Solicitor team will explore the challenges that small business owners face…
Read More10 ways to improve business performance
The Local Solicitor team know that improving business performance is a constant, ongoing process. Here are ten ways from the Local Solicitor team to make sure that you continue to drive your business forward with purpose, vision and the courage to super-charge your business. 1. Eliminate distractions: Time is the scarcest resource and biggest killer…
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