So, you have found a commercial premise (or a commercial tenant) that you think is suitable, and have agreed on the general terms for the lease. You have checked the lease schedule (lease term, rent, rent review, etc) and everything looks fine, but are you missing... Read More
Has a family member asked you to provide a guarantee for their home loan or personal loan? If so, you need to be clear about your obligations under a contract of guarantee. What is a guarantee? If a lender is concerned about a borrower’s capacity to repay a loan or... Read More
Intellectual property (IP) is the property of your mind or proprietary knowledge and can be an invention, a trade mark, a design or the practical application of your idea. It is important that you understand how to protect IP as it is a valuable business asset and it... Read More
There are 4 main types of business structures for running a business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust and/or company. The choice of business structure is an important... Read More
If you are considering buying a business there are many things you need to do from a legal, financial and general business perspective. Getting the right advice from the start is important. The structure of and issues involved in the sale are quite different if you... Read More
When creating and establishing a business, the last thing any business owner wants to think about is developing an exit strategy. And yet, doing so early – even before your business is up and running – may save you a great deal of time, money and heartache down the... Read More
