25 03, 2020

Can I collect my debts under the new COVID-19 insolvency changes?

2020-03-26T07:37:02+09:30

Do the temporary changes to insolvency law mean that you won’t get paid? Sort of. You should get paid eventually (if the debtor makes it through these challenging times), but your options to force a company or individual into insolvency will be delayed. TIP: With these changes, it is now supercritical to properly assess the [...]

Can I collect my debts under the new COVID-19 insolvency changes?2020-03-26T07:37:02+09:30
25 03, 2020

Do I have to refund the deposit? ‘Event cancelled!’

2020-03-25T11:29:36+09:30

COVID-19 has meant that weddings, parties and celebratory events are being cancelled all over the country.  In many cases these events are merely postponed, but if you are a caterer, party planner or event manager, the question you need answering is ‘do I have to refund the deposit?’

Do I have to refund the deposit? ‘Event cancelled!’2020-03-25T11:29:36+09:30
22 03, 2020

How to use gift cards and vouchers to get you through these difficult times

2020-03-22T17:18:49+09:30

We all want to support our local businesses during this period of ‘social distancing’. One way for us to do this it is to purchase ‘vouchers’ or ‘gift cards’ from our local merchants. If you are in business and you want to put a voucher scheme in place, read this to find out how.

How to use gift cards and vouchers to get you through these difficult times2020-03-22T17:18:49+09:30
2 03, 2020

Company Constitutions v Shareholders Agreement

2020-03-03T09:02:43+09:30

When people go into business together it’s common for them to enter into a Shareholders’ Agreements to govern how they will own and administer their company. Our preference is to use a tailored version of the company’s ‘Constitution’ as the primary instrument to regulate the affairs of a company. Why would you use a [...]

Company Constitutions v Shareholders Agreement2020-03-03T09:02:43+09:30
20 08, 2019

Sharpcan Case Update – Revenue expenditure or capital expenditure?

2019-08-22T08:44:57+09:30

Our opinion about the Sharpcan case (Commissioner of Taxation v Sharpcan Pty Ltd [2018] FCAFC 163), being a Federal Court case from late 2018 (a copy of the full judgment can be found here: https://www.ato.gov.au/law/view/pdf/misc-case/rdr_2018fcafc163.pdf).

Sharpcan Case Update – Revenue expenditure or capital expenditure?2019-08-22T08:44:57+09:30
13 12, 2018

How to operate a bank account

2019-09-17T08:11:13+09:30

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.

How to operate a bank account2019-09-17T08:11:13+09:30
9 10, 2018

Use our ‘departing employees’ checklist to protect your business

2019-09-17T08:11:58+09:30

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.

Use our ‘departing employees’ checklist to protect your business2019-09-17T08:11:58+09:30
14 09, 2018

The key steps to successfully sell your business

2019-09-17T07:59:52+09:30

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.

The key steps to successfully sell your business2019-09-17T07:59:52+09:30
7 09, 2017

Thinking of buying a hotel or pub? Read this first.

2019-09-17T08:21:54+09:30

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.

Thinking of buying a hotel or pub? Read this first.2019-09-17T08:21:54+09:30
25 02, 2017

How do I protect my ‘ideas’?

2019-02-01T07:25:52+09:30

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.

How do I protect my ‘ideas’?2019-02-01T07:25:52+09:30
10 11, 2016

I’m a ‘start-up’. How should I set up my new business?

2017-12-05T09:38:30+09:30

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'.

I’m a ‘start-up’. How should I set up my new business?2017-12-05T09:38:30+09:30
11 08, 2016

How do companies work?

2017-11-17T17:10:57+09:30

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.

How do companies work?2017-11-17T17:10:57+09:30
5 08, 2016

You’re hired! Strategies to improve your recruitment process

2019-02-01T07:48:11+09:30

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 [...]

You’re hired! Strategies to improve your recruitment process2019-02-01T07:48:11+09:30