Business FAQ
- What is Misleading and Deceptive Conduct?
The Australian Consumer Law (ACL) offers robust protection against corporate misconduct especially in relation to the supply of services and sale of goods. A wide range of relief is available including compensation…
- What is a Partnership?
Overview of a Partnership If two or more people carry on business together other than through a company, the business is a partnership. Frequently people do this without any written partnership agreement…
- Employee or Contractor: What is the key difference?
Are you an employee or contractor So you may be wondering, am I either an employee or contractor? Generally, an individual person paid mainly for their labour is an employee. This is…
- Ultimate Guide to Selling your business checklist
You put a lot into your business, so when you’re ready to let it go, you want the transition to be smooth. These “selling your business checklist” – drawn from decades of…
- What is a non-compete restraint?
A business is entitled protect its goodwill by preventing staff from dealing with its customers after their end of the period of service. On the other hand, a former employee can’t be…
- What are the benefits of an Employment Agreement?
Defines Expectation An employment agreement clearly defines an employee’s responsibilities and expectations- and the remuneration that is payable if adequate performance is achieved- before they start in a position. A term that…
- What is a Unit Holder Agreement?
The holders of units in a Unit Trust can be individuals, companies or discretionary trusts. The Unit Trust will be constituted by a trust deed which is “settled” by a trustee. Most…
- What is a Partnership Agreements?
Business partnerships are often formed on shared aspirations and goals of a successful joint venture. However, it is not uncommon for business partnerships to dissolve over bitter arguments about assets, profits and…
- What is a Shareholders Agreement?
A shareholders agreement While by no means compulsory – clarifies the expectations of members that is lacking in company constitutions. It provides a transparent framework for everything from share transfers; to entry…