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...
Terms and Conditions (T&C) agreements on websites have become the gold standard for most companies because of the increasing amount of online activity. It’s a way to protect the interests of both the business and the consumer. But what exactly can a business owner like you expect when you add a T&C agreement on your...
If you’ve been eyeing the perfect location for your groundbreaking business idea, you’re one step closer to making your dream a reality. However, before you sign a lease or the letter of offer, you’ll have to ensure you’ve done a thorough look into the terms. You’ll be agreeing to a legally binding contract, after all,...
Hiring a commercial lawyer is essential for all business, whether you are a startup, scaling your business, or are already an established organisation. In Brisbane there are numerous commercial lawyers, and there are some factors to be considered when searching for a commercial solicitor to act for your business. Why do I need a commercial...
One of the most important things that a software or app developer must think about is how their users will utilise their product. The software, whatever its purpose might be, should be used fairly, legally, and for its intended purposes only. This is why every digital product that is released should have a EULA or...
Conveyancing is the legal term that refers to the process of transferring a property from one entity to another. Commercial conveyancing, though similar to residential conveyancing, has quite a few more considerations, such as permitted uses, commercial leases, land taxes, zoning, and so much more. Residential conveyancing contracts have a few notable differences from commercial...
No matter what you do in life, how old you are, or what industry you’re in, the experience of purchasing a business will never be a small feat. Although such occasions aren’t the newest available opportunities in the market, acquiring an entire company is a capital-intensive process that offers much promise. When done correctly, purchasing a business...