Here is our unofficial list of things that can go wrong when buying an optician business. Note if you are looking to sell an optician business then they will be relevant to consider as well. 1. Underestimating a lease repair obligation Everyone wants the practice premises to be in a good condition. But if repairs… Continue Reading
Archives for January 2024
What Sort of Service Agreement Do I Need for My Staff?
The law requires employers to provide employees working more than one month with a written statement of certain particulars of their employment. It must be given no later than two months from the start of the employment. Often the written statement is not used as a formal employment contract will be used as a more… Continue Reading
Does the Partnership Act 1890 Apply to Opticians and Optometrists?
Yes, it may do. Under the Partnership Act 1890, a partnership will automatically come into existence between opticians as soon as their activities satisfy a very straightforward legal test, namely that they: “carry on business in common with a view to profit”. Contrast with a forming a new limited liability company where there is a… Continue Reading