Capstone Financial Management, Partner Practice of St. James’s Place Wealth Management, and law firm Davis Blank Furniss are hosting free seminars in Manchester city centre and Glossop on Thursday 26th April that will give business owners and directors the information they need to protect their organisations from potentially game-changing events. One of the topics will be the introduction of the General Data Protection Regulation (GDPR) which is coming into force on 25 May.
Guests will firstly hear from Andrew Williamson who is a Director at Capstone Financial Management. Andrew will discuss how the death or serious illness of a key director or employee can have far-reaching or even disastrous consequences for a business. He will look at scenarios including what would happen if a business partner died and their spouse inherited the shares; the effect it could have on a business’ value; and what it could cost to replace them. He will also discuss the options that business owners have to protect their company and family in the most tax efficient and cost-effective way.
Jessica Greenhalgh – Associate in Davis Blank Furniss’ Corporate/ Commercial department – will then summarise what businesses need to do in advance of GDPR including how it will affect them, whether they are ready for it and the steps that must be taken to comply.
Andrew said: “Businesses face an unparalleled level of challenges and regulation so we want this event to give useful and practical advice that will make running a company smoother.”
Jessica added: “GDPR is one of the biggest issues facing businesses of all sizes and in every sector so it is imperative they understand exactly what is expected of them. They need to ensure that they comply with the new unified approach to data protection and privacy that is being rolled out across Europe otherwise they risk potential litigation and substantial fines.”
