What is a Patent, and Can I Get One? We’ve all heard the expression “that’s a great idea, you should patent it”. But what does getting a patent entail? And are there things that cannot be patented? What is a Patent? A patent is legal protection for any device, substance,
Protecting Your Brand with a Trademark Registration The best way to protect your brand is with a trademark registration. A trademark registration can cover your business name, logo, or even a slogan. With a registered trademark, you will have exclusive rights to those names and images, and the right to
Selling your hard-earned business is a potential exit strategy once you’re ready to close your books to start a new chapter in your life. There are many reasons a business owner would want to let go of their company. To ensure a smooth-sailing transition of power and assets, you need
The differences between residential and commercial conveyancing Whether you are purchasing or selling a home, residential investment, or a commercial investment, there are many similarities involved in the transfer of ownership of these different kinds of properties. There are also some important differences in the processes and complexities involved that
Licensed vs. Franchised Businesses: What’s the Difference? Two of the most common types of businesses in Australia are licensed businesses and franchised businesses. But what’s the difference? Both models are business agreements in which certain aspects of the brand are shared in exchange for a fee. However, a franchising agreement
Selling a Business as a Going Concern When you’re selling a business as a going concern, it means you are selling everything that’s necessary for the continued operation of that business. It also means that you will continue running the business until the day of the settlement. What Property is
WHAT IS A DEED OF RELEASE? A deed of release is a legal document formed between two parties that brings a dispute or an agreement to an end, and can in fact be used to prevent a dispute from arising in the future. Generally speaking, a ‘release’ is a discharge
New Legislation: Director Identification Numbers (DIN) The Federal Government has introduced new legislation requiring all company directors to have a Director Identification Number (DIN) to address the issue of fake director registrations. What is a DIN? A DIN is a unique identifier assigned to a director, which will remain with
Changes to Foreign Investment in the Australian Property Market The Federal Government has doubled foreign investment application fees, making it more expensive for overseas investors to enter the Australian property market. But what does this mean for you? Who Can Buy Property in Australia as a Foreigner? Foreign investment in
Can Your Builder Increase the Price of a Fixed-Price Building Contract? With the rise in building material costs and delays due to labour shortages, many property owners are asking if their builder can increase the price on a fixed-price building contract. In most cases, the answer is no. However, there