Business Audits
North London Business/Legal Audits & Check-lists
We havea compiled a list of business and legal audits and check-lists so you can:
- Ascertain how legally compliant your business is in certain areas
- Check whether you are in-line with current and new obligations
- Ascertain risks and opportunities that your business could exploit
- Introduce and manage change in your business in light of the risks and opportunities you have exposed and the degree your business is legally compliant with it’s obligations and the law
The law is ever-changing and it can be difficult to keep up with the pace of change. Failure to comply with current and new laws could results in disputes, litigation, fines from regulating authorities and unwanted publicity for your business. Litigation costs and fines can run into thousands. When you consider the cost of conducting audits weighed against the potential risks, it makes a lot of sense to conduct regular audits.
Identifying opportunities
Whilst it is not to difficult to picture how a legal audit will help you ascertain the extent to which your business is compliant with certain laws and regulations, it is perhaps difficult to see how an audit can help you identify opportunities. We shall use two examples to show how this might be achieved.
Intellectual property audit – by conducting an intellectual property audit, you will ascertain all the intellectual property your business owns or has an interest in. By doing this, you might find intellectual property that is contributing little to the value of your business. Where this is so, you might want to consider leasing out or selling the property to create an extra revenue stream for your business.
Contractual audit – in a contractual audit, you might identify contracts which can be renegotiated on terms more favourable to your business and more in-line with market conditions.
Please click on the relevant links below to access our FREE business and legal audits and checklists:
- Company law audits
- Employment law audits
- Health and Safety audits
- Intellectual property audits
- Commercial property audits
- Consumer law audits
- Business law audits
- Technology law audits
- Commercial law audits
- Contractual audits