Contracts Articles
Expert articles and practical legal guides on contracts for uk businesses.

What Does “Unfit For Purpose” Mean Under UK Law?
“Unfit for purpose” is a phrase that pops up quickly when a customer says your product didn’t do what it was supposed to do. It can also arise in B2B deals when...

Buying a Restaurant in the UK: Legal Checklist
Buying a restaurant can be a faster, lower-risk way to enter hospitality than starting from scratch. You’re potentially acquiring a brand, a location that already works, trained staff and established suppliers. But...

Voluntary Redundancy: Benefits For UK Employers
Restructuring is never easy, but sometimes it’s necessary to protect your business’ future. If you’re looking at ways to reduce headcount, voluntary redundancy can be a smart, low‑friction option that delivers cost...

Probation Notice Periods in the UK: What Employers Should Know
Hiring someone new is exciting - but the first few months are critical. A clear probation notice period helps you move quickly if it isn’t the right fit, while staying compliant with...

Seller Financing a Business in the UK: How To Structure and Protect
Seller financing (also called “vendor finance” or “owner financing”) can be a practical way to get a business sale across the line when a buyer can’t or won’t pay 100% of the...

Bank Covenants: What They Are And How They Work
If you’re taking out a business loan or looking at growth finance, you’ll quickly come across “bank covenants”. They can look intimidating at first glance, but once you know how they work,...

How Business Mergers and Acquisitions Work in the UK
Thinking about buying another business, selling your own, or joining forces with a competitor? Business mergers and acquisitions (M&A) aren’t just for big corporates. SMEs use M&A to grow faster, enter new...

Key Elements Of Misrepresentation Under UK Law
When you’re negotiating a new supplier deal, signing a software licence, or pitching your services to a client, statements are made on both sides. If a statement turns out to be false...

Commercial Lease Agreements in the UK: What To Know
Signing a commercial lease is one of the biggest commitments your small business will make. Get it right and you lock in the right premises on fair terms that support growth. Get...

Sale Of Goods Act UK: Buying And Selling Goods Explained
If you sell, buy or manufacture goods in the UK, the Sale of Goods Act 1979 (often shortened to the “Goods Act”) still matters. While consumer sales are largely covered by the...

What Does a Business Partner Do?
Thinking about bringing a business partner on board? Great move - the right partner can accelerate growth, share the load and open doors you couldn’t reach alone. But before you shake hands,...

How To Plan, Structure And Complete A Small Business Merger In The UK
Thinking about a merger business to accelerate growth, expand your customer base or streamline costs? For many UK small businesses, merging with a competitor, supplier or complementary firm can be a faster...
Legal Leverage Strategies for UK Small Businesses
“Leverage” gets thrown around a lot in startup circles, but what does it actually look like for a small business in the UK? In simple terms, leverage is about getting more output...
Trademark Licence Agreements In The UK: What Businesses Should Know
Let’s say you’ve built a strong brand and other businesses now want to use your name or logo on their products or services. Great news - that brand equity is valuable. The...

Anti-Competition Law in the UK Explained
Running a growing business is exciting - but there are a few competition law traps that can catch SMEs off guard. Even everyday sales tactics or contract clauses can cross the line...

Indirect And Consequential Loss: What To Put In UK Contracts
If you sell to customers or work with suppliers, sooner or later you’ll negotiate a “limitation of liability” clause. That’s the bit that decides who pays for what if something goes wrong....

Joint Venture Agreement in the UK: Key Clauses
Teaming up with another business can unlock bigger contracts, new markets and shared expertise. That’s exactly what a joint venture is designed to do - you combine resources for a defined project...

Mutual Mistake in UK Contract Law Explained
Even with careful negotiations, it’s easy for two businesses to end up “talking past” each other. You think you’ve agreed one thing, the other side thinks it’s something else, and the written...

Lead Investor: What To Know Before Raising A Round
Securing a lead investor can be a tipping point for your fundraising round. The right lead doesn’t just bring capital - they set the terms, attract other investors, and often become a...

Understanding Signing Authority: How to Legally Sign Documents for Someone Else with Permission in the UK
In today’s fast-paced business world, there are plenty of scenarios where you might need to sign documents on behalf of someone else - perhaps an absent co-founder, a business partner away on...

Risks Of Starting A New Business In The UK And How To Reduce Them
Starting a new venture is exciting - but every startup comes with risk. The trick isn’t to avoid risk entirely (that’s impossible), it’s to understand where the risks lie and put sensible...

Free Partnership Agreement Template in the UK: What to Use and Avoid
Thinking about going into business with a partner? A simple “handshake deal” or a quick download of a free partnership agreement template might feel like the fastest way to get started. But...

Commercial Negotiation: Legal Essentials
Commercial negotiation is part of everyday business life - from onboarding a new supplier to closing a big customer contract or partnering with a distributor. The stakes can be high: the wording...

What Is an Asset Sale?
If you’re exploring how to sell your business (or buy part of someone else’s), you’ll quickly run into two common routes: selling shares or selling assets. An “asset sale” is often the...
Need help with your business legals?
Speak with Sprintlaw to get practical legal support and fixed-fee options tailored to your business.

