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Your obligations under the new franchise laws
New changes to franchising laws Franchising laws have changed again, and if you’re a franchise business owner it’s important you’re up to the date with the latest requirements. Introduction of the franchise disclosure register The government has introduced the online Franchise Disclosure Register, which is a database of franchisors’ disclosed information, which can be accessed...
Company Directors – this one’s for you
The Federal Government has new legislation requiring all company directors to have a Director Identification Number (DIN) in a bid to combat the rise of fake director registrations. DINs are a unique identifier which will stay with an individual director forever, even when they cease to be a director. As a company director, you’ll need...
5 Hidden Expenses To Watch for When Buying a Business
There are plenty of advantages to buying an established business. You don’t need to spend time setting up workflows, hiring staff, buying equipment, and establishing a client base. All you need to do is figure out how to make the business work. However, it’s difficult to account for everything that could happen once you’re already...
Ask These 5 Questions Before Buying a Business
Buying an existing business presents an exciting opportunity. But before you jump in, there are certain things you must consider, such as asking the right questions before you sign a contract. From small businesses to big corporations, you must decide wisely before putting it all down on paper. Here are the five questions you...
5 Questions That Businesses Need to Ask Their Lawyer
Just about every business needs to work with a lawyer to ensure that they are fully protected. Indeed, businesses rely on their lawyers for a variety of important services, from providing critical legal advice to helping with complex transactions. However, not all businesses know exactly what questions to ask their lawyer in order to get...
Understanding the Key Clauses in a SaaS Agreements
If you offer software as a service, it’s important to have a solid agreement in place with each of your customers. Depending on the type of customer and how they access your software, the agreement may vary. However, there are some key clauses that should be included in every SaaS agreement. These clauses relate to...
How to Handle Intellectual Property Rights Being Infringed
We value everything we do, especially if our work involves producing or manufacturing products. As workers, we all have rights that we’re entitled to, and they’re protected by law. However, there are times when a competitor might intentionally or unintentionally imitate certain aspects of your products. This is where intellectual property rights come in. Intellectual...
4 General Legal Considerations for App Developments
It’s crucial for app developers to be mindful of the legal considerations and implications of their products. These are crucial to the app structure and to ensure that it will run smoothly. Creating an app isn’t only about getting a good idea and developing it. Developers must abide by certain legalities to ensure the product...
Undeniable Advantages of Hiring a Commercial Lawyer
Legal missteps can be disastrous for businesses, especially small to medium ones. Large companies have the resources to weather almost any blunder, but a small mistake could cost a smaller business a lot of money and damage its reputation. Hiring a commercial lawyer can help businesses in many ways, from contract assistance to employment law...
Franchising: What is it and the Pros and Cons of Franchising
Are you planning on opening a franchise in Australia? If so, the chances are that you believe buying your own business is a safe way to get things started. However, you must be aware that there will be risks and challenges that you will face and must understand before you sign your name on the...
Trademarks and Why They’re so Important for Your Business
While you might think that registering your business name gives you exclusive rights to it, that isn’t the case. That’s why registering your business name alone isn’t enough to protect your name and brand. In fact, other people can take your name and use it, especially if the company is in another country that isn’t...
The Advantages of Seeking Legal Advice in Buying a Franchise
Buying a franchise entails familiarising yourself with the legal aspect of running a business. It is important that you know the documents you need to fill out and the legal entities you will be involved with. You should also be aware of the franchiser agreements you are signing. It is best that you have a...