Investments – A Guide for Small Business

If you have a few extra coins lying around and do not want to invest in shares or in a fixed deposit, you can decide to invest in businesses. Such investments can take a variety of forms, depending on your level of commitment, level of expertise and decisions about your level of involvement within the [...]

2022-11-16T04:02:19+00:00November 16th, 2022|Business Advice, Business Partnerships|Comments Off on Investments – A Guide for Small Business

“If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

A standard inclusion in many sale of business contracts (or share sale agreements) is the promise of the vendor not to compete with the business post sale. Whilst, generally speaking, non-compete or restraint of trade obligations in employment contracts can be notoriously difficult to enforce, in the context of a sale of business there is [...]

2022-07-18T06:33:28+00:00July 18th, 2022|Business Advice|Comments Off on “If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

A matter of trust: Is your business trading through an outdated family trust?

As business owners prepare for the new financial year, this time often heralds reflection on (and assessment of) current business structures. It is also a time where we, as lawyers, are called upon to advise clients in respect of out-dated family trust structures which their business has either outgrown or which require amendment due to [...]

2022-06-16T03:52:06+00:00June 16th, 2022|Business Advice, Tax|Comments Off on A matter of trust: Is your business trading through an outdated family trust?

ATO Recommencing Directors Penalty Notices – Company Directors TAKE NOTE!

During the COVID-19 pandemic, the ATO offered administrative relief to businesses who were experiencing financial difficulty. However, Directors were not absolved from their personal liability under the director penalty regime. Now that lockdowns have ended and we are resuming something that resembles a ‘normal life’, the ATO has recommenced its quest to recoup unpaid taxes, [...]

2022-04-20T05:52:13+00:00April 20th, 2022|Business Advice, Corporate Advisory, Tax|Comments Off on ATO Recommencing Directors Penalty Notices – Company Directors TAKE NOTE!
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