Building your business’s legal backbone: The key legal documents that will keep your business standing strong
Starting and running a business successfully requires more than just a great idea and a solid business plan; it also requires a strong legal foundation. Without key legal documents in place, even the most promising business can face unnecessary risks, disputes, or even shutdowns.
Unlawful termination – what employers need to know
The recent case brought by reporter Antoinette Lattouf against the ABC highlights the risk to employers of mishandling dismissals, especially where protected attributes, such as political opinion, are in play. These days, employers are expected to be more than just...
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.
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?
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.
However, you may have more options than you realise.