Did you know that the Designs Act in Australia now has a 12-month grace period? From March 2022, the new amendment provides a safeguard against unintended public disclosure of your design. Before the amendment, as soon as your design was disclosed to the public, you were prevented from registering the design for that product. This new grace [...]
Receiving an order from a new customer or distributor for your innovative product or service can be an exciting and rewarding event, particularly for SMEs trying to crack an interstate or overseas market. Oftentimes though, in the eagerness to cement this new supply channel, businesses can overlook the importance of setting ground rules when it [...]
Gaining a thorough understanding of what your business is worth is a tricky process. Regardless of past investments and future potential, ultimately it will only be worth what somebody is (currently) willing to pay for it. Too often however, in formulating a sale price, many business owners will neglect to take proper account of (or [...]
The new year is upon us and, as is the case with many business owners returning to the office, the perspective provided by some sunshine and time away prompts a fervour of enthusiasm for new projects or maybe some action on long-delayed but necessary house-keeping. Often the focus is on securing new talent and resources [...]
