Part of selling any business is to talk about its good points, how much income it makes and the benefits to any potential purchaser. The problem comes when those benefits are oversold. With selling a business as part of a franchise it is the same.
Suing a family member can be avoided The saddest types of legal battles are those which involve our family members. People often associate a family
When a company goes into liquidation, it is the obligation of its liquidators to inspect the financial records of the company. They have the right to investigate payments made by the company and to determine whether any of these payments are unlawful or otherwise unauthorised. An example of an unlawful payment is where the payment is a “voidable transaction” under the Corporations Act.
Just like self-diagnosing medical issues can be dangerous, so too can legal self-help or trying to fix your own legal problems. It is becoming more common that people are choosing to represent themselves or take legal action into their own hands, but have they considered the real risks?
The risks of getting it wrong If you provide goods on credit, retention of title is not enough. To protect your business, you must: Ensure that
Would Your Business Be Lost? We have all, at one time or another, thought about how we will look after those we leave behind once
Franchising is a $144 billion sector in Australia. Franchising adds a layer of experience and certainty to a new business venture that is not present
When they start their business, most business owners have a picture in their minds of one day in the future when they will be selling
A recent decision of the Federal Circuit Court highlights the importance for employers to be careful when engaging workers to not misrepresent that an employment