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.
Learn about Trust Succession and its crucial role in managing family wealth. Ensure your assets are properly protected and passed on.
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?
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.
However, you may have more options than you realise.
Get insights into estate administration, including legal obligations for executors in managing debts after someone passes away.
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.
Your guide to navigating the often-tricky terrain of landlord responsibilities for maintaining essential services and the fabric of your retail premises. We’ll highlight potential dispute areas and, more importantly, how you can address these in your lease agreement with our help.
Understand the Super Proceeds Trust and how it ensures superannuation death benefits are distributed tax-efficiently.
Discover key aspects of superannuation and how to ensure your Binding Death Benefit Nomination is valid and effective.
When you’re running a family business, choosing the right structure is about more than tax. It’s about protection, control, legacy, and relationships. Whether you operate through a company, a family trust, or both, the structure you choose needs to support the way...
Crowdsourced funding (CSF) has transformed the way businesses raise capital. Whether you are a startup, an established business, or a social enterprise, crowdfunding provides a way to secure funding directly from the public while building community support. However, CSF comes with legal and regulatory requirements, and businesses must carefully navigate these obligations to ensure compliance and protect investors.
If you’re a farmer who buys, sells, or borrows against livestock, machinery, or crops, you need to know about the Personal Property Securities Register (PPSR). Whether you’re selling livestock on account, leasing equipment, or buying second-hand machinery, the PPSR is a crucial tool to protect your rights — and to avoid nasty surprises down the track.
Explore the complexities of death benefits and whether grandchildren can receive superannuation payouts directly.
Renewing a lease agreement? Discover key factors affecting rent and how to navigate lease negotiations effectively.
You’ll be put straight through to a great lawyer who will guide you to the right solution.