When acquiring a care business in the current financial climate, the quality and speed of the legal process can make or break the transaction. There are a number of potential issues that a well-advised buyer can plan and prepare for ahead of time to mitigate the risk of delays and complications during the process.

When acquiring another business, a buyer will want to gain some assurances over what they are acquiring including the sustainable earnings of the business, company valuation, working capital requirements, tax risks amongst other things.  They would get this comfort through carrying out financial due diligence, which is a fundamental process for any successful merger or acquisition.

The term super deduction on capital allowances was created in March 2021 when the Chancellor announced two new temporary first year allowances – the ‘super deduction’ and the ‘Special Rate allowance’.

Demand for care homes remained buoyant throughout 2022 with a pause to an extent in some deals crossing the line brought on by market reaction after the September mini budget as some lenders reviewed their appetite for terms.

Read what the Chandler & Co. care home Brokers have to say about the care sector.

Marketing Monthly’s are a helpful resource, where Smooth Digital cut the jargon and break down care sector digital marketing into bite-sized videos, to help educate care business leaders and drive care sector growth online.

Care home owners, providers, investors and managers who want to succeed next year and get insights into putting themselves in the best possible position can now download a free eBrochure from expert care consultants, Fulcrum Care.

As a specialist care caterer, meeting the needs of residents and clients is a top priority for Signature Dining. Providing a quality service that embraces and celebrates cultural diversity is an essential part of our service, having vast knowledge and experience of working with faith-based settings and homes that have a diverse multi-cultural community of residents. 

Leading care sector consultancy, Fulcrum Care, has won Best Turnaround of the Year at the highly regarded, national TRI Awards, the only program recognising and rewarding excellence across turnaround, restructuring and insolvency.

Are you struggling to get your head around the relevant rules and responsibilities when it comes to HR & Employment Law and how it relates to your company and your employees? Our Partner, Citation have created this free guide to help our members get ahead and up to date with everything from recruitment to disciplinaries.

SmoothDigital provides Care Home & Home Care Marketing Services covering all aspects of the care industry, bringing ‘successful digital marketing strategies’ specifically tailored to each provider’s requirements.

In September 2021, the Government announced that, from October 2023, it planned to introduce a new £86,000 cap on the amount anyone in England will have to spend on personal care over their lifetime and that this cap was going to apply universally, a person’s age or income.

The Chancellor has now announced that the introduction of the Cap is going to be postponed for two years until October 2025.

Following the Chancellor’s Autumn Statement where we knew difficult decisions on spending had to be taken, we am pleased to give you Morris Lane’s summary of the main changes.