Welcome to our series that chronicles the entrepreneurial venture of Alex and Jordan, two seasoned professionals who are venturing into the burgeoning field of construction technology in Southeast Queensland. This series isn’t just a narrative about business growth; it’s a deep dive into the legal intricacies and challenges faced when pioneering in a tech-driven industry. continue reading
If you are considering buying a business there are many things you need to do from a legal, financial and general business perspective. Getting the right advice from the start is important. The structure of and issues involved in the sale are quite different if you are buying the business assets only, compared with the continue reading
An easily overlooked element of a commercial business sale is that of assigning the existing lease, which is key in enabling the buyer to continue operating the business in the same premises where the seller currently resides. While the steps involved, in assigning the existing lease, may be relatively straightforward the time and effort in continue reading
COVID-19 demonstrated that unforeseen events can and will occur that significantly affect businesses across all industries. Such events not only have the capacity to impact business financial performance but may also have consequences on all parties’ contractual rights and obligations in business dealings. There may have never been a better example of extenuating circumstances making continue reading
When renting a business related property it is important for both Landlords and Tenants to understand the relationship they are entering into and the rights and obligations that they each have, the document that governs this relationship is usually a Commercial Lease. So what is a Commercial Lease? A lease is a legally binding contract continue reading
One of the possibilities of coming into financial strife is that a person may have to deal with bankruptcy. Bankruptcy can have long term adverse effects on a person’s credit rating and ability to borrow money in the future. As such, it is crucial to be informed about bankruptcy and its effects. What is bankruptcy? continue reading
Landlords, tenants and managing agents should be aware of new provisions under the revised Retail Shop Leases Act 1994 (the ‘Act’). The Retail Shop Leases Amendment Bill 2015, staged to commence in November 2016, triggers new considerations when entering into a lease. The changes are intended to uphold present consumer protective provisions, whilst clarifying some continue reading
The Federal Government has enacted legislation extending the unfair contract term protections of the Competition and Consumer Act 2010 (Cth) and the Australian Securities and Investments Commission Act 2001 (Cth) to the small business sector. Under the new laws, a Court is able to declare that a term of a standard form small business contract continue reading
Do you remember how much you looked forward to summer holidays as a kid? Weeks of running riot with your mates through the neighbourhood, long lazy days at the beach, and not a scrap of homework in sight! It’s hard to believe any grown-up would need convincing to take a holiday but apparently some people continue reading
Busy creative professionals like graphic artists, web designers and copywriters will know how much time and effort goes into working on a new brand for a client. Once those creative juices start flowing, the rush of inspiration often leaves little room to consider possible legal ramifications and financial consequences. These are seen as mind-numbing technicalities, continue reading
Overzealous airport security, long days on the road and annoying flight delays can make travelling for business a challenging experience. However, there are ways to make your business travel less stressful and more enjoyable. Whether you’re travelling to see clients for half the year or have to attend monthly meetings interstate, there are simple ways continue reading
The Australian Privacy Principles On 12 March 2014, the Privacy Amendment (Enhancing Privacy Protection) Act 2012 (Cth) will come into effect. This amending Act drastically bolsters existing privacy protection measures offered to consumers and reflects increasing public concerns regarding the handling of personal information by businesses, particularly in the on-line environment. The Act also introduces continue reading
