How to Buy a Franchise

Buy a Franchise

Buying a Franchise is a great way to reap the rewards that come with owning a well-established brand name, minus the years of hard work and the financial investment required to grow the business. But, before diving in headfirst, you need to find out more about the Franchise and what it actually means to be a Franchisee. If the complexities …

Play it Safe – Why Every Business Must Have WHS Policies in the Workplace

Workplace Health & Safety

Shockingly, an Australian worker is seriously injured every 2-3 minutes. Workplace Health and Safety (WHS) Policies and Procedures are extremely important to implement in your business and should never be overlooked. As a business owner, you do not want to see any of your workers get hurt, nor do you want to be a man (or woman) down. WHS Policies …

Growing your business through Licensing or Franchising

Now is a really great time to think about branching out through franchising or licensing your already successful business model. Many of the people who are unfortunately made redundant when the Government stimulus finishes will be looking to buy ‘a job’ and low investment franchise or license businesses will be an attractive proposition. If you want to make more money …

How to Survive the Credit Crunch

A big question businesses are wondering is what will happen in 2021 when the Government’s temporary protections and stimulus packages come to an end. A vast number of companies will have been trading whilst insolvent during COVID-19 and so we are entering a new and risky environment for unsecured creditors. We are ready for this but we don’t want to …

Subcontractor Agreements: Don’t Make Your Subbies Your Liability

Subcontractor Agreements

If you are a trade business owner who engages subcontractors, you need a well drafted subcontractors agreement in place because everything is fine… until it’s not. One of the biggest risks I see with my trade business owner clients is having people working with them who have no contracts in place. None!! Sometimes we determine that employment agreements need to …

5 Things you need to know before starting a new business.

Things to know before starting a business

It may seem like a crazy time to start a business, but maybe you’ve had a brilliant idea during isolation boredom or redundancy has caused you to rethink working for someone else. You want to make sure you start your new business off on the right foot and this means addressing quite a few things.  As you’re setting up your business, you’ll …

Should I start as a company or a sole trader?

Should I set up as a company or sole trader

Why you should have a Company Structure not Sole Trader… When first setting up a business, it is common to use a sole trader structure, as it is relatively easy and cheap. E.g. you are a man or woman with a van providing a service. ..Simple. Now, because of your outstanding service you are consistently fully booked. You need to …

WHY DO I NEED A SHAREHOLDERS AGREEMENT?

If you are in business with someone else, whether it is with a family member, friend or business partner, it is crucial that the rules of this business relationship are documented to protect the business and the interests of all parties. Sadly, I often see businesses get embroiled in costly disputes in circumstances when a shareholders agreement could have prevented …

Protect your Business. Register a Trademark.

The only way to stop someone else using a business name or logo that is the same as yours is through registering a trademark.  Protecting your business from deliberate or mistaken intellectual property theft is crucial. Many people do not realise that registering a business name is different to registering a trademark.  Registering your business name is a legal obligation, …

Why one lawyer started a firm during the pandemic

I had been thinking about launching my own law firm for some time, I had become increasingly disheartened with traditional law firm models that utilise the billable hour. Then, fate intervened and gave me the perfect opportunity. Starting a Business in Tough Times!! … here is my story so beautifully depicted by Lawyers Weekly Read the full article here I had …