Founding a company is a lot easier than retaining control of it. Part of your journey will necessarily involve other people. First, it may be a co-founder. Then family and friend investors, and ultimately professional investors. During this evolution, the chances of you being left behind, and things getting out of control, increase exponentially. We’ll help you get back in control, with a binding entitlement to what you’re worth.
Picture this: You are a small business owner. After getting through the first five years of trade, you are starting to see returns on the time, emotion and finances that you have invested into the business. Then a document comes in the mail and your fortune turns on its head. You are faced with a claim by a former employee and you realise your business is faced with an unexpected liability worth thousands of dollars. All due to a clause nested in a Modern Award that you had simply overlooked or misunderstood. Here’s how to avoid becoming that business.
As a business owner, you trust your employees to be honest. It’s therefore every employer’s worst fear to find out that an employee has been stealing from you. But what if then, that employee sues you, and your lawyer tells you that employee has a case?
The recent judgment of the Federal Court in the WorkPac Pty Ltd v Skene case has had many employers very worried. But we’re not convinced the decision actually changes anything. Read on for our take on the WorkPac case. What was the WorkPac case about? Paul Skene was employed in 2010 as a casual [...]
The departure of an employee can be a difficult time for your business. It is also a time that your business is exposed to the potential for real damage. If you establish a clear and consistent process for departing employees, you can protect your business and minimise the impact on staff and customers. Use our ‘departing employees’ checklist to protect your business.
The end of the first calendar quarter for the year is fast approaching, and this is a great time to think about improving your employment processes and procedures. To get you started, these are our favourite employment law 'nuts and bolts' that may need some tightening.
If you're thinking of selling your business, we bet there are 2 key outcomes you are looking for: 1. Getting the highest purchase price possible; and 2. Being able to make a clean break from the business, so you can think about something else (and maybe even relax or take a holiday). These outcomes are both realistic and achievable, but it will take some planning before you put the business up for sale.
You may have noticed that ‘flexibility’ has become the new buzz word for Australian workplaces. Most of the popular focus has been on the benefits that flexibility provides to workers, rather than employers. As an employer, you may only just be keeping up with all of the day-to-day issues that come with employing someone [...]
We are often asked what rights an employer has to require their employees to undergo a medical assessment or provide their medical records. The answer is usually not straightforward, as there are some serious personal and privacy issues to consider. The question comes down to striking a balance.
- Are your trade secrets walking out the door? GalleryAsset Protection, Business Interest, Commercial/Business, Contracts, Employment, Employment contracts, Facebook Published, IP, Marketing, Newsletter Published, Newsletters, Policies and procedures, Terms and Conditions, Twitter Published
Losing an employee, whether by dismissal or resignation, is never easy. But it’s even harder when the employee walks out the door with a head (and possibly a briefcase or USB) full of your confidential information.
One of the big benefits of being a not-for-profit organisation (NFP) is the availability of tax concessions. But are you making the most of the concessions available to your organisation?
One of the most expensive aspects of running a business is paying employees. But just as great employees can be a real asset, underperforming employees can be a real drain on resources. Hiring employees is all about choosing people who are going to add value to your business. While there is no exact formula, there [...]
In this article, we will discuss some of the critical clauses that are often missing from basic employment documents. We will cover what each critical clause does and why it is important, and the potential consequences of not including the clause in your employment documents.
- Fixed term contracts masterclass GalleryAreas of Law, Blog, Business, Business Interest, Employment, Employment contracts, Facebook Published, LinkedIn Published, Marketing, Newsletter Published, Newsletters, Other stuff, Practice areas, Resources, Twitter Published
In Australia, there are 3 main types of employment contracts: permanent (full-time or part-time), casual, and fixed term (whether full-time or part-time). This article focuses on fixed term contracts.
- How should you deal with employees as part of a business sale? GalleryAdvisor Interest, Areas of Law, Business, Business Interest, Commercial/Business, Companies, Contracts, Employment, Employment contracts, Facebook Published, LinkedIn Published, Marketing, Newsletter Published, Newsletters, Practice areas, Resources, Twitter Published
Dealing with employees and their entitlements as part of a business sale or acquisition is not straight-forward. There are plenty of traps and tricks for the uninitiated. Find out what you need to know.