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Selling Your Business – Ask Yourself These Questions First
After deliberating your fiscal matters and planning your next steps, you’ve decided that it’s in your best interest to sell your business. It may be a difficult idea to accept because of how much time and effort you’ve put into building your business from the ground up, but there will come a time when it’s...
4 Reasons Australian Companies Expand Into China
One of the highest import and export markets for Australia is China. With a solid business relationship due to plenty of foreign direct investment prospects, tourism values, and international study opportunities, many Australian companies are thinking of expanding their operations into China. China itself is one of the biggest marketplaces in the world, making it...
Franchisor Misrepresentation – An Australian Investor’s Guide
At one point or another, the opportunity to purchase a franchise business will present itself as something you can capitalise on. There is so much potential in today’s Australian business landscape where openings are abundant. Whether it’s in food and beverage or the hospitality industry, franchising presents an array of benefits that are well worth...
Understanding a Contract Indemnity Clause – What to Know
An indemnity clause is a typical feature in a construction contract. It is an agreement to cover loss and damage suffered from a breach. Despite its seemingly straightforward concept, it is often a cause of disputes and can be a point of contention during contract negotiations. A contractual indemnity alters the common law or statutory...
Understanding Contracts – What Is an Indemnity Clause
An indemnity clause is an agreement that protects one of the parties and holds the other party monetarily responsible in case certain conditions are met. Suppose you own a restaurant. As the owner, you will transact with suppliers to provide your needs. However, when a customer suddenly gets food poisoning and sues you for it...
5 Reasons Why Every Business Needs a Lawyer’s Services
Every business needs a lawyer on its team. As a business owner, you may already understand the trouble that comes with setting things up. There are tons of paperwork to go through that require legal assistance, which is why it is best to have a corporate lawyer on your side. Here are more reasons why...
Signing a Commercial Lease – Here’s How a Lawyer Can Help
With your business seeing the progress you’ve strived for and your profits growing, it’s clear that there’s no better time to finally make some much-needed upgrades than today. Now that everything is falling into place, it’s finally time for your company to make some investments that will allow it to go even further and set...
6 Company Law Elements for Foreign Investors in Australia
Foreign investors in Australia looking to invest in the country needs to undergo a meticulous process. The Australian corporate law offers many benefits for foreign investors, but there are elements of the law you need to know before you get started. What are they? 1. Directors and Officers Directors, like managers, owe the company itself and...
Our Guide to a Deed of Release – What You Need to Know
What is a deed of release? A deed of release is a legal document formed between two parties that brings a dispute or an agreement to an end, and can in fact can be used to prevent a dispute from arising in the future. Generally speaking, a ‘release’ is a discharge of obligations. There are...
Factors of Company Law You Need to Know as a Foreign Investor
If you’re planning to invest your savings into opening a business in Australia, you must know that it entails a meticulous process. You have to be sure of what you’re signing up for, so you know where your hard-earned money will go, and you can reap the rewards down the line. Australian corporate law offers...
Effects of the Wichmann v Domway Case on the Deed of Release
If you have some idea about corporate law, then you may be familiar with a deed of release. It is a legal document that has an agreement between both parties to settle disputes. The release terms have the power to prevent either concerned party to pursue the other party to enter any other further claims...
A Quick Guide to Buying or Selling Commercial Properties
Many people will agree that purchasing a commercial or industrial property is a significant step in their lives as it may mark the start of their business or their investment. It is, therefore, a decision that needs careful consideration. It doesn’t matter if you are the one buying the property or selling one; either way,...