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 the amazing Jerome Doraisamy Read the full article here

How to Make Sure You Get Paid –Top Tips from a Lawyer

Cashflow is more important than ever right now and you really need to accelerate your cash collections. You have to make sure you get paid for every single job you do. You simply can’t afford to be complacent. The most important thing right now is to be clear with your customers about how and when you will get paid. This …

How the New Commercial Lease Code of Conduct will apply to tenancies

leasing blog

I thought it would be useful to prepare a summary of what will need to be covered when the Australian States and Territories legislate to give effect to the National Cabinet Mandatory Code Of Conduct – SME Commercial Leasing Principles During Covid-19 (“the Code “). The Code applies to all tenancies that are suffering financial stress or hardship as a result of …

HOW TO SUCCESSFULLY SELL A BUSINESS… Settlement

commercial contracts

When it comes time to sell your business you want to ensure that you get a good offer and that the sale goes through smoothly. You do not want your business to be one of the many of thousands of businesses that do not sell or sell for considerably less that you had hoped. Working with professionals that are experienced …

HOW TO SUCCESSFULLY SELL A BUSINESS… The Contract Stage

commercial contracts

When it comes time to sell your business you want to ensure that you get a good offer and that the sale goes through smoothly. You do not want your business to be one of the many of thousands of businesses that do not sell or sell for considerably less that you had hoped. Working with professionals that are experienced …