Essential Legal Questions Every Business Owner Should Ask Running a business involves much more than just passion and determination; it also requires a solid understanding of the legal landscape. In Australia, over 80% of businesses don’t seek legal advice when they really should. As a result, many entrepreneurs run into
Owning a business isn’t always a one-man show. Sometimes, going into a partnership to start a small business can have advantages. However, the catch is you and your partners will split the income and losses of your business amongst yourselves, which will ultimately be negotiated by you. To help you
Joint ventures (JVs) provide contractors of all sizes with greater chances to participate in a more extensive range of significant infrastructure projects in a market as big and diversified as Australia. Australia has a robust, remarkable pipeline of construction “megaprojects” in the works, with differing degrees of contract
They say that you should invest during a bear market. The Australian government even encourages the public to purchase Intellectual Property Assets. Whether you believe that acquiring assets during this period is a good move, you should mull things over since this involves cash. You might even want to reach
The commercial conveyancing process entails the transfer of commercial property from its seller to the buyer through different steps. It typically starts with the contract of sale’s negotiation to the official registration of the transfer. Most of these commercial transactions are handled by conveyancing lawyers who expedite the process and
A cease and desist letter is a legal notice that alleges your practice of unlawful or offensive activity or business. Naturally, it can be distressing to receive this kind of letter since severe legal consequences can follow if you do not comply with the accuser’s demands. These can
Are you considering the purchase of an established business? If so, then you need to make sure that the previous owner will not be establishing another business that may stand as a direct competitor of the company you recently acquired. In the same way, if you have an independent contractor
The concept of joint ventures is a particularly frequent topic of discussion for many business owners. For companies that are determined to develop innovative products, expand into new markets, or strike a balance between longevity and sustainability, this setup is worth considering. At this point, you may have come across
A merger or acquisition can be very beneficial to your company. The primary purpose is to increase the value and accelerate the growth of your business. Both of these allow your company to grow at a rate that would not have been possible organically. Of course, this is provided that
The main purpose of a shareholders’ agreement is to ensure the fair treatment of each member as well as protect each of their rights and assets. This agreement is used to govern the relationship between a company, its shareholders and amongst themselves. This official and binding document determine how best