Introduction Contesting a will as a de facto partner in New South Wales can be a complex and emotionally challenging process. Understanding the legal landscape and your rights is crucial, especially when navigating the intricacies of proving your relationship and…
Buying a franchise in Australia can leverage an existing and proven business model. You are not starting your business from scratch, but entering one with brand recognition and a loyal customer base. However, purchasing a franchise is similar to other…
Introduction Purchasing a business in Australia is a significant investment that requires a deep understanding of the acquisition process to protect your interests. This guide aims to equip prospective buyers with the essential knowledge and strategies needed to navigate the…
Introduction Drafting non-compete clauses is pivotal for buyers in small business transactions, ensuring that sellers do not engage in or support competing ventures post-sale. These agreements are essential for maintaining the value and integrity of the acquired business, preventing former…
Introduction Seller financing is a valuable option in small business transactions, where the seller provides a loan to the buyer to cover part or all of the purchase price. This financing option can make acquiring a business more accessible for…
Introduction A non-disclosure agreement (NDA) is a key contract when selling a business, establishing a confidential relationship between the involved parties. It ensures that sensitive information, such as financial data and trade secrets, remains protected throughout the sale process. Using…
Introduction Maintaining confidentiality when selling your business is crucial to protect sensitive information from employees, customers, and competitors. Breaches in confidentiality can lead to a loss of trust, customer attrition, and diminished business valuation. Protecting confidentiality ensures a smooth transaction…
Introduction Purchasing a franchise offers a structured pathway to ownership by leveraging an established brand and a proven business model. This approach provides advantages over starting a business from scratch, such as immediate brand recognition, comprehensive training, and ongoing support…
Introduction to Letters of Intent in Business Acquisition In the process of acquiring a business, a pivotal initial step is drafting a Letter of Intent (LOI). This document, typically prepared by the buyer, serves a formal declaration of their earnest…
Introduction A Business Activity Statement (BAS) is a crucial report for Australian business owners, detailing the taxes owed to the Australian Taxation Office (ATO). Ensuring timely and accurate BAS lodgment helps maintain your business’s financial health and compliance. Understanding BAS…
