Trademarking a Business with a Geographical Place Name

Trademarking a Business with a Geographical Place Name

Many businesses choose to include a geographical place in their business name. Using a suburb or location communicates to customers where a business is located or from where their products originate. This is effective in helping to build a local client base and enhancing a business’ reputation. The inclusion of a geographical place in your... Read More
Review your Shareholder’s Agreement Regularly

Review your Shareholder’s Agreement Regularly

What is a Shareholder’s Agreement? A shareholder’s agreement is essentially a corporate pre-nuptial agreement. It sets out the rights and obligations of shareholders or members in their ownership of a company. It is not compulsory but it is prudent to have one before you start a company with another person, in order to avoid disputes... Read More
Does Your Privacy Policy Comply With Privacy Laws?

Does Your Privacy Policy Comply With Privacy Laws?

Privacy laws in Australia are governed by the Privacy Act 1988 (Cth) (the ‘Act’) and the Australian Privacy Principles. The principles were introduced in 2014 to bring Australia’s privacy laws (first introduced in 2001) in line with advancing technology trends and to provide more transparency around the capture and use of personal information. They make... Read More
Debt Collection Basics For Business

Debt Collection Basics For Business

If you are owed money for goods or services, the first step in attempting to recover it is generally to send a letter of demand to the other party. This letter should set out the amount of money outstanding, a cut-off time to respond by, and notice that if no response is received by you... Read More
Self-Managed Super Funds with Only One Member

Self-Managed Super Funds with Only One Member

A self-managed super fund (SMSF) is a private superannuation fund where the members are also the trustees. Members of the SMSF run it for their benefit and are responsible for complying with the relevant laws. A SMSF can have up to four members but it is quite common to have just one. But what happens... Read More
Important Things to Consider When Buying a Business

Important Things to Consider When Buying a Business

If you are considering buying a business there are many steps involved and 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 shares in the company that owns the business. Making sure... Read More