Commercial activities & trading
Education establishments are becoming increasingly innovative. The management and governors of schools and FE colleges need to think outside the box in making their operations work successfully.
You need to hone existing relationships and make new connections with local employers and the community at large. To survive you may have to consider commercial ventures for alternative revenue streams, or enter into mutually beneficial arrangements with other education providers to work more cost effectively.
Whether your contractual dealings are straightforward or more complex, what’s important is to ensure that your obligations and financial commitments are clearly defined.
We advise on:
- collaboration agreements
- formation and governance of trading companies
- formation of Community Interest Companies
- solvency and funding of trading activity
- directors and officers duties
- trading terms
- property issues
- procurement of goods, services and technology
- e-commerce activities
For more information on commercial activities and trading for the education sector and to start a conversation on how we can help you please contact the commercial team.