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...
Caveat Emptor: Roughly translated into “buyer beware,” this particular legal concept reminds all of those diving into complex and capital-heavy transactions to exercise caution for pitfalls that are permissible beyond the scope of the law. In fact, this term has evolved and become more prevalent and widely understood by Australian investors and buyers to conduct...
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...
The business world is a volatile one, and for members of the labour force, this means being a permanent employee one day and jobless the next. Even high-performing team members aren’t safe. As we have seen in the past year, circumstances beyond any individual’s control can cause a company to go under overnight. If you...
As many people would know, start-ups are entities that require lots of time, money, effort, and dedication because of the number of tasks that owners need to face over time. If you’ve been running your own small business for a while now, you’re probably familiar with the feeling of dealing with a mountain of tasks...
The Australian Consumer Law or ACL provides guarantees to consumers regarding the quality of goods they purchase. It also includes laws covering unfair contract terms, product safety, misleading conduct, and the like. One case that exhibits the extent of the ACL’s coverage is Carter v Delgrove Holdings Pty Ltd [2013] FCCA 783. In this case...
Many businesses set up joint ventures after noticing how they and another company can work together, maximizing each other’s strength to make a profit. That said, there are many forms of joint ventures. Some can come in the form of various shareholders acting as different parties creating a single entity or a contract agreement between...
As a wholesaler or manufacturer, you likely need to engage another business to sell your goods. You may have heard of these arrangements being referred to as a supply or distribution agreement before. A reseller agreement involves engaging a business to resell your goods to the general public or other third parties. Generally, resellers do...
A trade mark is defined under the Trade Marks Act and is essentially a ‘sign’ that distinguishes your goods or services from those of your competitors. Registering a trade mark gives you exclusive rights to use, license or sell that mark. It could be a logo, word, phrase, letter, number, or a sound, as well...
Every business strives to achieve growth without running into legal complications, especially when it’s something as costly and tarnishing as a commercial dispute. Avoiding them can be tricky since it’s a form of business litigation that can sprout from various problems – from intellectual property infringement, contract violations, and more. SEM businesses and fortune corporations...
One of the most alarming things that a franchisee can receive is a breach notice. This document specifies what one has allegedly done wrong to warrant a breach of the franchise agreement with the franchisor. While it can be remedied with the right steps, doing so may feel like a daunting and complicated task—which is...
Choosing the right type of business structure for your commercial enterprise is essential to your success in your market. Knowing and understanding the types of business structures also keeps you out of legal troubles that could cost you your livelihood. That is why you need to know at least the basic differences between a sole...