Profit sharing without equity: rewarding staff without giving away your business
If you are a business owner looking to reward loyal staff and align incentives, but not ready to part with equity, a profit-sharing arrangement might be the answer.Â
ADLV Law – Second Quarter 2025 Update
We have just ticked over a month into the third quarter of the calendar year which means two things:  We successfully made it through the end of financial year (give yourself a pat on the back if surviving the EOFY rush means anything to you); and We are due to...
3 legal must-haves before selling your business part 3: Heads of Agreement
This article is Part 3 of a series of blogs focusing on three pre-business sale documents: Part 1: Broker Mandate Letters; Part 2: Non-Disclosure Agreements; and  Part 3: Heads of Agreement. We have also developed a library of resources that will help clarify your...
3 legal must-haves before selling your business part 2: Non-Disclosure Agreements
This article is Part 2 of a series of blogs focusing on three pre, business sale documents: Part 1: Broker Mandate Letters; Part 2: Non, Disclosure Agreements; and  Part 3: Heads of Agreement.   We have also developed a library of resources that will help clarify...
3 legal must-haves before selling your business part 1: Broker Mandate Letters
When selling your business, appointing a broker is usually the smart move. They can bring in qualified buyers, run a structured process, and help push a transaction across the line. However, you must be cautious about rushing into a Broker Mandate Letter (BML) without truly understanding its implications.Â
Can you gift trust assets in your Will? What every farmer and family business owner needs to know
Learn about Trust Succession and its crucial role in managing family wealth. Ensure your assets are properly protected and passed on.
Cracking Division 7A: how to access company profits without triggering a tax bomb
Does this sound like you? You run a successful family-owned business through a private company. Over the years, your company has accumulated profits that could help fund personal investments or assist family members. Like many SME owners, you see no harm in accessing these profits informally. After all, it’s your business, right?Â
In financial distress? What business owners need to know about Small Business Restructuring
When you’re facing mounting debts, overdue tax, or pressure from creditors, it’s easy to feel like the walls are closing in. For many small business owners, the fear of losing everything—your business, your reputation, your ability to keep trading—is paralysing.Â
However, you may have more options than you realise.Â
Paying debts and liabilities: a guide for executors in South AustraliaÂ
Get insights into estate administration, including legal obligations for executors in managing debts after someone passes away.
Family business: what directors need to know
In Australia, family business directors are legally bound by the same duties and risks as directors of public companies. You can be personally liable for decisions made on your watch.