Expert business solicitors
Corporate legal services
Expert advice on re-structuring and growing businesses
Having a successful business comes down to more than just providing the right products and services at the right price. The people behind and in front of your business is what makes you stand out from your competitors.
Having the aspiration to always look at ways to improve and grow is what will ensure your business continues to be the very best you want it to be. The business may face tough times during its life cycle and you may need to act quickly in making difficult decisions in order to survive.
At Goughs we are more than just lawyers, we strive to be your trusted business adviser ensuring we are at the forefront ready to provide the right advice at the right time. We can help in all areas of your business whether you are looking at pairing back and selling off parts of the business or working on a strategic growth plan in whatever shape or form that may take.
Corporate re-structure & growth
Our expertise include…
Group, holding company and subsidiary structures and set ups
Share restructures – introduction of new share classes, re-designation of shares, share consolidation
Succession planning – focusing on exit strategies and planned retirement structures
Share for share exchanges
Corporate re-finance, asset and share security
Don't risk your business: trust the experts
Winning tender to provide legal services for a strategic management buy out plan for the senior management team in the food manufacturing industry in the South West
Ongoing work for a long established veterinary client assisting with succession planning in the form of structured growth via new partner admissions and planned strategic retirements
Advising founding shareholders of a family wholesale on a strategic plan for retirement – working closely with appointed accountants and successfully seeing the plan through via share exchanges, share buy backs and share capital reduction
Advising a highly aspirational national housebuilding client on the introduction of an employee growth share scheme
Very professional service
Very professional service - at a difficult time due to Covid 19.
Helpful, prompt and efficient
Ms Michelle Fielding
I would definitely recommend Goughs
I definitely would recommend Goughs they were very efficient, very helpful and always informed us of what was happening in the chain.
Ms Kathleen Lucas
Thank you very much for doing a great job
Thank you very much for doing a great job as always, would recommend you for sure for being so efficient and getting the job done as quick as possible.
Very helpful. Advice clear with plenty of time for us to consider all the options before making decisions.
Very thorough, and we also got forces discount.
Rowena is very professional and very prompt response every time I needed something.
Gemma combines sound commercial judgement with a refreshing clarity and approach. An excellent commercial lawyer.
Very human, understanding, trustworthy, feeling of honesty.
Mr & Mrs C
Friendly exact explanations on all legal aspects, helpful throughout and always with a smile.
I could not have wished for a more professional dedicated team, I am so grateful for all their help and support, I would highly recommend Goughs solicitors to family and friends.
your questions answered
It is a common misconception that people think that corporate restructuring should only be considered when a business is financially struggling- this is incorrect. Corporate restructuring can be just as beneficial to a company that is looking to grow.
There are many corporate structures which can help increase a company’s profit and also decrease its costs.
No matter whether your business is a start-up or been successfully running for 50 years, it is always worth considering how to make your business more efficient.
As mentioned in the question, having a ‘plan’ and splitting your goals into short, medium and long term plans can help keep the business moving forward.
Particular ways in which we can assist you in growing your business:
- Setting up a franchise arrangement
- Assisting with a joint venture agreement
- Purchasing another business
- Purchasing or leasing property
Communication is the key, and it is important to have an effective consultation process. This could include group consultations and individual consultations. If your business has union recognition it is imperative that you engage with the union, especially if there are collective agreements in place.
Also, subject to how many employees may be effected by the restructure will depend on any prescribed periods for consultation. A tribunal will always consider the ‘reasonableness’ of any decision, and to evidence this employers should clearly document the process.
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Your commercial team
Specialist lawyers for
all your corporate and
We draw from a wide range of disciplines to support you in keeping your business moving forward.
Goughs have been providing legal services to businesses across the south west since 1882.
We deal with a wide variety of corporate clients so have the expertise to ensure all your needs are dealt with by one team.