Tag: Business

In the complex world of trade and commerce, businesses must take essential steps to protect their interests. One such crucial step is establishing a product supply agreement or Agreement for the Supply of Products or Goods. These contracts define the terms under which a supplier will provide products to a buyer, ensuring a smooth and […]

The right contracts protect you and your business when the unforeseen occurs. If Jodie had the right contract templates, she could have avoided so many issues that compromised her business and her livelihood. Imagine this… You step out of the house and glance up at the sky. There’s not a cloud in sight and all […]

A Shareholder Agreement is a document which regulates the rights of shareholders and sets out protocols for the internal management of a company. Shareholders Agreements can be used alongside of a company’s constitution or the replaceable rules contained in the Corporations Act.  They are an ideal tool for addressing a range of issues relating to […]

Unfortunately most business owners leave it too late to think about selling their business. When you actually have to sell your business becomes the most difficult time to maximise the value of your business. It’s very good business practice to be aware of any reasons that may cause you to sell your business and to plan an […]

Download Buyers Enquiry Form Selling a business takes planning, preparation and organisation so you can get the maximum asking price. Give yourself plenty of time to put everything in order – your accounts, systems and your people. Getting and staying organised is the best way to keep track of the sales process. Get your Documents […]

You might hear the term “at arms length” thrown about in relation to commercial transactions but what exactly does it mean? The legal definition of arm’s length Legally, when parties are negotiating commercial transactions, there is an expectation that both parties are ‘at arm’s length’. This simply means that both parties are independent of each […]

Back to Part 1 How does the PPSA affect you? Before the PPS (Personal Property and Securities) Act, the finance company would not have been able to enforce security in the caterpillar equipment.  This is summarised by that most ancient dictum, “you can’t give that which you don’t have”.  Now, however, it seems that this […]

Starting a business with others is often an exciting time, with both parties working hard to establish a business that they passionately believe in. While it may be rewarding to work for yourself and nurture your own business, it is important not to overlook the more mundane and practical aspects involved in owning and operating […]

December is when people start winding down for Christmas holidays. If you run a business there are some rules you need to follow when managing an Annual Shutdown. What is an Annual Shutdown? It’s when an employer can temporarily close their business down during a slow business period. For example, the construction and manufacturing sectors […]

If you’re a business owner supplying goods or equipment to customers on trade, you’re probably operating under Terms of Trade. And you probably think those Terms of Trade will provide adequate protection if things go wrong. But if your Terms of Trade don’t include provisions allowing for the register of security interests on the PPSR, […]