Six ‘danger zones’ where an accountant should involve a lawyer

Accountant danger zones

Our business clients are facing increasing complexity and higher risks in almost every area of their business life. Navigating these waters requires a team of professionals who work well together, and serve the client’s bests interest as a cohesive group. At the very least, every business owner needs a lawyer (of course!), an accountant, a […]

Who owns the IP?

Who owns the IP?

So, you’re running a business and need to develop a system to identify trends in customer activity on your website. You’re about to hire a software engineer to lay some code, and the question of who will own the IP comes up in your negotiations over the Software Development Agreement…

What happens to my business in a divorce?

What happens to my business in a divorce?

So you own a business and are embarking on divorce! Not a great combination… Find out what issues you are likely to face, and how you can develop an effective strategy to keep it all together.

How to really protect your business name

How to really protect your business name (C) 20230302 Unsplash

Most people believe that registering a business name means they own that business name – this is not the case in Australia. To obtain the exclusive right to use your business name, you need to register it as a trademark or prove that you hold a trademark at common law.

Limiting liability is not enough – you also need asset protection

Limiting liability is not enough - you also need asset protection

New business owners are often told to operate their enterprises through a ‘proprietary limited company’ to cap their liability if something goes wrong. This is good advice, but it is nowhere near the end of the story. You also need to protect your assets. How does a proprietary limited company work? A proprietary limited company […]

When your employee walks out the door, do they take ‘IP’ with them?

When your employee walks out the door, do they take 'IP' with them?

In today’s modern economy all businesses rely heavily on their intellectual property (or ‘IP’). Whether you realise it or not, your employees are using or generating some form of IP each and every day they are at work. But what happens when your employee walks out the door (or is pushed)? Have you taken the necessary steps to ensure your IP remains behind?