Franchising is a popular business model that allows you to operate a business under the brand of another business. Famous examples of a franchise in Australia include Pool Werx, Muffin Break, and Jim’s Mowing. A franchisee is a sole trader, partnership or company which enters into an agreement with the franchisor. The franchisor controls the…
A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two parties. Both parties agree that sensitive information will not be shared with anyone else. There are several types of NDA’s. Firstly, a Universal NDA. Also known as one-way NDAs, they only require one party to disclose its confidential information…
Buying or selling a property can be pretty exciting, but it is not as simple as you hope it might be. The procedure can be complicated, from finding the right property on your budget to processing all the documents needed. For your transaction to be successful, you need to understand all of the details involved—even…
Going through a divorce or separation is challenging on its own, but when you add a business into the mix, the complexity can skyrocket. As a business owner, it’s crucial to understand the implications of your split on your business. Here are some essential tips to consider when facing divorce as a business owner. 1….
Being active on social media is an integral part of being in business these days. It’s an easy and often fun way to connect with customers and clients, but social media does come with a warning label. The Australian Competition and Consumer Commission (ACCC) says it’s important businesses do not make false or misleading claims…
Are you moving to another business venture and thinking of selling your current business? When selling a business, you must have an experienced legal expert on your side. They’ll assist you at every stage of the procedure and give you the best chance of success. To ensure you have considered every aspect of selling your…
A trademark is an excellent way to protect your business’s intellectual property. Trademarks set your product or service apart from others and can take several forms, including words, phrases, letters, numbers, logos, pictures, distinctive packaging, or signage, sounds or jingles. Some famous trademarks include the McDonald’s “golden arches”, the Nike “swoosh” symbol, and the Apple…
A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two parties. Both parties agree that sensitive information will not be shared with anyone else. There are several types of NDA’s. Firstly, a Universal NDA. Also known as one-way NDAs, they only require one party to disclose its confidential information…
Retiring from your position as an acting business owner is both a difficult and emotional process. To ensure that you receive an amount that is representative of your equity within the firm, it’s important that you craft a business succession plan with a fitting Springfields solicitor. To protect your exit, consider the following tips for…
Property lawyers are an important part of the legal system in Australia. They can help you with a variety of legal issues related to real estate and property. Here are five ways they can help you: Advising on Property Transactions Purchasing or selling property can be a complex process, and it’s important to have a…
