You would think this is obvious. Some of us can still remember our first school savings account with the State Bank, pink piggybank and all… But when you start involving companies, trusts and partnerships, things can get a little more complicated.
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.
We have written a lot of technical stuff about selling a business. But we’re finding that more and more people want to understand the best high-level strategy to actually conclude a deal. This article sets out the key steps.
Like any business, hotels have several moving ‘parts’ that need to work together so that the machine runs smoothly. If you are thinking of buying a hotel or similar hospitality business, make sure you are familiar with these unique features before you sign on the dotted line.
Most people realise the importance of protecting their Intellectual Property. But ‘ideas’ and ‘concepts’ aren't a form of IP, as there is no 'property' capable of being protected. Don't despair, there are ways to protect and exploit your interests.
So you've just come up with a great business concept, given it a test-drive among your family and friends, and now want to go to the next stage. What do you do? You need to put together the 'playing field' for your venture. In other words, you need a 'business structure'.
Here are our answers to FAQs about our nominee director service.
When we hear the word 'company', we all think we know what the person is talking about. We deal with companies every day. Most of us work for a company, and we certainly buy things from them. But companies are actually a strange thing. Let's start with a bit of a history lesson.
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 [...]
- Is your commercial lease compliant with the PPSR regime? GalleryAreas of Law, Business, Business Interest, Commercial/Business, Facebook Published, LinkedIn Published, Marketing, Newsletter Published, Newsletters, PPSR, Property, Twitter Published, Wealth
Is your commercial lease compliant with the PPSR regime? You need to know the answer to this question. Everyone has heard about the Personal Property Securities Register (PPSR), which came online on 30 January 2012. The implications of the new registration system are still not widely known. For many people the need for registration is only discovered after it is too late.
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.
Our gift to you is our Work Communications Policy, which is designed to be a set of fundamental rules for an SME to adopt internally to ensure that the quality of its communications is regulated. Click on the link to download a copy of the Policy to adopt in your workplace today.
- 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.
The concept of a 'bucket company' is used to describe a company into which distributions from a discretionary trust are made to cap the tax rate on the trust's income to the flat company rate of 30%.
- 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.