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.
Most Shareholder Agreements, Constitutions and Partnership Agreements provide 'pre-emption' rights. These are rights that require someone wanting to sell an interest in the enterprise, to first offer the interest to the other equity holders. But they do not necessarily require the majority to buy.
In this follow up interview Andrew talks about mind mapping, making decisions, origins, guiding principals, channelling "Diver Dan", life balance, running a high-performance law firm, scaling systems and developing in-house web apps with Ukranian programmers! Missed the 1st interview?
There really is only one sustainable career or endeavour – commoditisation. This is the work of taking something requiring high levels of knowledge, experience and creativity, and turning it into something that a novice can easily do for themselves, for free. If you want to maintain and grow your real value over an extended period, that is it. There is nothing else.
Michael's focus is family law and he also assists in general commercial law and disputes.
If you have a company then you have probably sat in a meeting with your accountant and heard the phrase 'that may raise Division 7A issues'. Everyone usually then grumbles and nodes wisely, and moves on... But you may be asking yourself, 'what the hell is Division 7A all about?' Glad you asked.
Find out how our clients' step mother extracted over $1m from their deceased father's estate, leaving them with almost no inheritance - and how we fought to win it back.
Hear our views on the 2018 Budget measures.
The Government has announced a 'tax integrity' measure to 'improve' the taxation of testamentary trusts. What impact does this potentially have on your estate planning strategies?
We all love our trusts, but unfortunately they don't last forever. They have an ‘expiry date’. When you reach this date, the Trust ends and its property must be distributed to beneficiaries. Before this time you need to consider who will be entitled to the assets, and what tax and stamp duty liabilities may be triggered. You also need to see if the date can be extended...
It's relatively easy to get into property ownership with someone. But it can be considerably harder to get out. Particularly if you don't have a co-ownership agreement in place. Find out what court remedies may be available to you NSW if you find yourself stuck in a property.
Many businesses have built strong brands by treating customers well. But it is also important to ensure that no single customer can put your business at risk. You need to draw the line somewhere. This is where your terms of supply come in. However, these terms need to be consistent with the Australian Consumer Law.
Maryke assists families and businesses in a wide variety of matters, including property law, business transactions and estate planning.