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Articles by Tom Wacher
Float On... - Platinum Media Group
Keeping the balance between work and wellbeing is never easy; it requires constant readjustment and effort. With that in mind, Camille Pierson, founder of Float Spa, works meticulously to ensure her business and happiness can coexist. Float Spa is a ‘hidden haven’ in Hove providing yoga classes, floating, massage therapy and much more to nearly 30,000 clients. Central to its practice is floatation therapy. Camille explained that a float session is all about relaxation.
High street rental auctions: New legislation for landlords and tenants
With one in seven high street shops sitting empty, the government is stepping in to revitalise struggling town centres through the introduction of high street rental auctions. These new powers, which came into effect on December 2nd 2024, enable local authorities to auction leases for long-vacant commercial properties, giving businesses and community groups a right to rent. What are high street rental auctions?
London Gatwick trialling new Smart Stand technology
London Gatwick is trialling new Smart Stand technology, which could revolutionise the way aircraft turns are managed at the airport. The ambitious, first-of-its-kind trial, which is being run with London Gatwick’s largest airline easyJet, enables a Turn Coordinator (TCO) to manage an aircraft turn from a control room, record turn events automatically and apply AI to predict when the plane is ready to leave.
The challenges of valuing a family-owned business
There are, according to Oxford Economics, some 4.8 million family-owned businesses in the UK employing 14 million people and contributing £575bn to the UK economy. They make up 85% of all privately-owned businesses. Their contribution to family wealth and the local and national economy is vital. Yet, the very nature of their ownership can make valuing a family-owned and run business challenging. Here is what family business owners need to consider. Why value a family business?
107 - Platinum Media Group
Key employees often drive the growth in value of a company. Increasingly, one of the best ways to help recruit the right team and motivate...
Understanding financial terminology for your business
When starting or growing your business, you’re bound to be on a constant learning curve – and for someone without a background in finance, some of the jargon used can make things confusing Finance affects every business decision – from the number of employees hired, to your annual budget and long-term goals. Understanding finance is a skill that can help you personally, and have a big impact on the future of your business.
Withdrawing a job offer
Rebecca Thornley-Gibson is a Partner in the Employment Team at DMH Stallard. Here she gives an insight into an employer’s obligations when withdrawing a job offer You’ve spent time and money recruiting for a role but, shortly before the successful candidate is due to start work, you decide to withdraw the offer. Whilst a withdrawal prior to the start date may seem to be straightforward there are a number of matters that need to be considered to minimise the risks of claims from the individual.
The value of growth shares for employee motivation and retention
Key employees often drive the growth in value of a company. Increasingly, one of the best ways to help recruit the right team and motivate them to do this is to give them a share in this increase in value in the business. ‘Growth’ shares are a great way of achieving this. At their most basic, growth shares are a separate class of incentive share that entitles the holder to benefit in the future growth in value of a business, but typically only on a company exit (sale) event.
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