by Andreyev Lawyers | 2 - 11, 2 - Run and manage your business (general commercial)
You think you know what’s expected of you. Your customer thinks they know what they’re getting. But who’s right? If you don’t have ‘Terms & Conditions’ in place, chances are you’re both mistaken. Avoid the argument and take the time now to put clear Terms & Conditions in place before you start trading.
by Andreyev Lawyers | 2 - 11, 2 - Run and manage your business (general commercial), Uncategorized
5-steps to quicker payments from clients.
by Andreyev Lawyers | Business philosophy, Entrepreneurs
If you had sat me down 5-10 years ago and asked me the top 5 things I would like to change about the taxi industry, within about 20 minutes of brainstorming I would have nailed all 5 of the ‘innovations’ that Uber has implemented. It’s all the rage to bag Uber right now, and that is not my point. I am bagging the people who think that Uber was innovative, or disruptive. Uber, as a business model, was simply to break the law en masse. Plain and simple.
by Andreyev Lawyers | 8 - 61, 8 - Pass on your wealth (including EP)
More than ever, young people are relying on the ‘bank of Mum and Dad’ to get a leg-up. Whether it’s to break into the property market or utilise some initial capital to get their new business off the ground, we are seeing more and more of our clients give (and receive!) loans from their parents.
A question we get asked often by the ‘lender’ in this scenario is whether it is possible for a loan to be advanced without the lender receiving periodic interest repayments, and instead get a share of the ‘upside’ (gain) when the financed asset is sold.
by Andreyev Lawyers | Uncategorized
The question of who can “witness a stat dec” in South Australia comes up quite often. The good news is that the list is long. The bad new is that not all of them know what they are doing!
by Andreyev Lawyers | 12 - Manage your taxes
Put simply, once an individual has aggregate land holdings of $2.5 million, they will benefit from using discretionary trusts in their structuring strategy.
by Andreyev Lawyers | Business philosophy
Advocating for diversity makes sense for a minority view trying to get a foothold or survive in a sea of opposition. Diversity and tolerance protect the little guy. But once a foothold is established for our idea, we tend to become a lot less tolerant and accepting of true diversity of opinion on the issue.
by Andreyev Lawyers | 14 - 171, 14 - 88, 14 - 90, 14 - Give back to the community (charity and NFP)
In summary, a PAF can acquire an asset from the founder (or associate). However, the transaction must be consistent with the PAF’s Investment Strategy and entered into (and maintained) on an arm’s length commercial basis.
by Andreyev Lawyers | 16 - 268, 16 - 273, 16 - 274, 16 - 276, 16 - 332, 16 - Deal with your employer (employment law), 3 - 362, 3 - Resolve a commercial dispute
In our experience, most people in a genuine negotiation will easily find common ground if they remain engaged in a process of communication and discovery. The phrases ‘industry standard’ (aka ‘I will not rationally justify this position’) and ‘non-negotiable’ (aka ‘that’s the end of the conversation on this issue’), represent the amateur approach.
by Andreyev Lawyers | 34 - Protect and exploit your IP
As the founder of an enterprise you must ensure that the legal entity you set up to exploit your business concept owns all of the IP associated with the concept. This includes the IP that is created directly on behalf of the company, but also any IP created by parties outside the company or in the time period before the company was formed.