This VideoPost is a five part series on how to buy or sell a business. This VideoPost provides a mix of broad commercial principles, as well as some detail around the key legal issues you should be thinking about.
I read recently that if your business model relies on ‘restricted access to information’, then in the internet age, you are as good as dead. We live in a time of almost complete democratisation of information – and this trend is only accelerating. The natural traits of empathy, humility and real interest are critical to being a good lawyer. Skills in active listening, industry knowledge and commercial experience are more important than ever.
Who wants to be a director? Not an easy question to answer these days, with over 700 laws that can make you personally liable for various actions (or inactions) of your company. This article provides some handy safeguards to consider before you agree to become a director.
If you’re like me you pour your life and soul into building your business. But when did you last stop and ask yourself, ‘What for?’ If, like me, being in control of your financial destiny is important to you, then it’s important to make sure that the value of your business is protected if something unexpected happens.
If you are purchasing a property with someone else, having an enforceable agreement in place can reduce the risk of an expensive separation. We can help you make sure you get the right document.
This VideoPost is a six part series on practical asset protection strategies for entrepreneurs and their businesses.
Read moreThe importance of mistakes and errors in achieving high performance
I have been reading a series of books about what at first appeared to be unrelated topics. Neuroscience, talent (or the lack thereof), checklists, decision-making, and high performance teams. While not a common theme on the face of each book – an underlying principle in all of them is the importance of mistakes and errors.
Have you thought about what would happen to your company if you became incapacitated, or worse, if you died? Who would pay the bills, and enforce the company’s rights?
Nassim Taleb, philosopher As you will see in this post, we like TED talks. However, we like Nassim Taleb even more. And despite the fact that Nassim gave a talk at the 2008 TED conference, you will not find it on the web. Maybe because he has accused TED of...
There will be times when an employee leaves your business and you find out later that several significant customers have followed them to their new employment or business. What can you, as a former employer, do in these situations?
Businesses often enter into ‘heads of agreement’, ‘letters of intent’, or a ‘memorandum of understanding’ in the course of negotiating a deal, often without input from a lawyer. So which of these are binding, and which aren’t?
Estate planning basically involves working out what you have, deciding where you would like it to go, and then choosing people to make that happen. Here’s 4 simple questions that you will need to answer to get things started.
We are commercial lawyers with a wealth of experience in tailoring foreign commercial contracts to ‘play nicely’ in Australia.
The effect of death on ‘Child Support Agreements’ and ‘Binding Financial Agreements’ can be a little complicated – but more importantly, can have unintended consequences for your Estate Planning.
You’ll be put straight through to a great lawyer who will guide you to the right solution.