Advice on buiness contracts, when is it legal?

Marshyman

Hi,

A little back ground first

My cousin is looking at starting her own business up as a self employed hairdresser.

She currently works for another hair dresser on an employed basis, She is now looking at sub letting a room in a similar type of business (currently beauty, nails ect) She will be doing this with a freind who is doing the same thing as she is

They are looking to write up 2 contracts:

1. between her and her friend
2. between the exisiting 2 business owners who will be subletting and the 2 who will be subletting off them (my cousin and her friend)

Will these contracts be legally binding if all parties accept the conditions and sign it. Or does it need to go through a solicitor to become legal?

Any advice will be brilliant, as they are trying to reduce the amount of set up costs where possible

Thanks

Pennywise

DIY legal contracts are never a good idea. It's easy for someone to claim the contract isn't enforceable due to some poor legal wording. Law is very specific and you have to use the right words. A decent solicitor will also help you think things through and make sure you think and plan for all eventualities.