On 5 September 2017, the Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017 (the Bill) was passed by both houses of Parliament. The Bill has recently received Royal Assent, making changes to the Fair Work Act 2009 (Act) Significant Changes There …
It’s long been said that time will kill all deals. That has never been more true. The global uncertainties brought on by the Trump trade war with China and Brexit, coupled with tightening credit conditions in Australia, have started to really …
A Buy/Sell Agreement (often called a Business Succession Agreement or Buyout Agreement) is a contract that allows for the future payout or sale of your business interests to your business partner(s) upon the occurrence of a trigger event. Typical trigger events …
It’s something most people never think about. And fair enough, it’s not a pleasant thing to ponder. But the reality is that if you’re in business with other people it’s wise to put in place a Buy / Sell Agreement. Buy …
There are many advantages when buying an established business. Not only are you purchasing a fully functioning business, but you also benefit from purchasing an existing customer base, set supply chain, assets and inventory. In this blog, we share some legal …
Are you a small business that employs less than 20 employees? Does your business use non-negotiable contracts with an upfront price value of less than $300,000? If you answered yes to any of either of these questions, then the new ‘unfair …
Retail commercial leasing can be a complex area. Here is Legally Yours’ guide to help you understand the key factors that may affect you and your business when you sign a retail lease. What is a Retail Lease? A retail lease …
Getting sued might be something that you think will never happen to you. Maybe you’re right. But what if it did? Are you doing all the right things to protect everything you’ve worked for? Small businesses can often be a target …
Every business that turns over more than $3 million is regulated by the Privacy Act 1988 (Cth). The Act and the Australian Privacy Principles set out rules for how you collect, use and store personal information. A business lawyer can reduce …
Most business owners hope to sell their businesses one day. Knowing the basics of business sales will help you maximise the sale price of your business when the day comes. Selling a business will usually involve a sale of shares or …
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