Powers of Attorney for Business.
Powers of Attorney is integral to protecting a business in the event you fall ill or have an accident and are incapable of making important decisions.
Life can be unpredictable.
You can trust us to act in your best interest.
Many business owners will not consider a Power of Attorney integral to the protection of their business and see it as an investment tool that is used for personal protection. However a Power of Attorney for business is crucial.
Many business owners will not consider a Power of Attorney integral to the protection of their business and see it as an investment tool that is used for personal protection. However a Power of Attorney for business is crucial to ensure that your business is protected in the event of a sudden accident or illness which may leave you suddenly unable to deal with your business affairs.
This is relevant whether you are a sole trader, have a business partner or are a company director. Even if you have a team of people working for you, they may not have the authority to do things like pay employees or suppliers and that could put your business under serious financial strain.
When considering a Power of Attorney for Business
When considering a Power of Attorney for business you can choose a ‘business minded attorney’, who can focus specifically on your professional matters rather than your personal affairs. This should be someone who has a sufficient understanding of your business, however you must ensure that the appointment doesn’t conflict with the running of the business or cause voting issues. Our expert legal Team can work with you identify the best attorney for your business needs and review the appointment alongside any Articles of Association.
To find out more about our Power of Attorney services for personal matters, please follow this link.
Working With Our Service Team
Our approach is innovative, uncomplicated and always transparent so you know at all times what we are undertaking on your behalf and the costs involved.
- James Sage
If you have an enquiry in relation to a Corporate matter or simply want to speak to a member of our expert team, please get in touch.
You never know when the worst may happen, therefore we would recommend you get a Business Lasting Power of Attorney put in place as soon possible.
Having a business Lasting Power of Attorney allows you to have a contingency plan in place should the worst happen. This will give you piece of that mind that your business will continue to run in line with your wishes as well as being run by someone that you trust.
Ultimately the decision is up to you. When coming to this decision you should consider who is best placed to understand and deliver the aspirations you have for your business. Given the duties which are involved in being an Executor it may be beneficial for the longevity of your business that someone you trust who has a clear understanding as to how your business models works is left as Executor such as an Accountant.
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Stuart Rea handled our unusual and complex matter with professionalism. He understood what we wanted to achieve and gave us very clear guidance on our legal position - even though we did not necessarily want to hear the advice it was essential to our charity understanding our legal position and therefore making lawful decisions. He also worked to the very tight timescales that we needed.
David Preece gave us timely and relevant advice on a share purchase agreement: we needed the key risks and implications explaining to us and he did that in a clear and direct way. The service was good quality and good value. Would definitely use the firm again.
I used FBCMB for a business/commercial and found them to be helpful, professional and informative. Their costs were as quoted. I would recommend them and if I need their services in the future I would certainly use them again.
David Preece of FBC Manby Bowdler's Corporate Team could not have offered more support and understanding in the complicated process of buying multiple businesses. I received the peace of mind, step by step updates and complete support that helped the whole process complete smoothly and on time. FBC Manby Bowdler look after our entire legal business.
The knowledge and support we receive across all departments is exemplary and gives us the space we need to concentrate on our core strategy. Knowing that we have industry leading professionals available when we need them gives us the confidence and peace of mind we need to grow our business, whether that includes acquisitions, possible litigation, commercial matters or human resourcing considerations.
FBC Manby Bowdler have the experience and the approach which can fit any size of business. We look forward to continuing our partnership in the future.
Robin Breese-Davies (TED Group)