Your Ts and Cs are about setting the terms of business so you don’t need to argue them later. They are the details of how you and your client intend to conduct your business transactions.

If you’ve already set up a limited company, you’ll probably have a dim and distant memory of some of the documents required. People often talk about ‘mem and arts’.

The stark reality is that starting a business isn’t as simple as it may seem and a massive 60% will fail within their first three years, with 20% not making it through the first year alone.

You know the cost of recruiting a new member of staff to your business, the uncertainty of the candidate actually turning up on their start date or leaving within the first few months.

Succession planning is a useful exercise to carry out for any business. Obviously, the scale of the exercise will vary dependent on the size of the employer, but it is certainly a helpful way to future-proof any small organisation in terms of roles and skills gaps.