Understand your Business Law rights and obligations.
Do you run a business or are looking to buy or sell a business? It’s important that you work within the legal framework for Business Law in Australia.
Starting a business in Dubbo can be an exciting time. You can’t wait to put your ideas into action and reap the benefits of all your hard work. However, there are a range of Business Law issues you must take into account:
- Will you be employing staff to help run the business?
- Will you have contracts with your customers or clients?
- How will you deal with leases, insurance, debt recovery?
- Do you have finance in place?
- What tax implications are there in your business?
- Do you understand the fair trading regulations?
Before you commit to a lease, employ people or starting work for clients, speak to Duffy Elliott to ensure that you are not putting yourself in legal jeopardy.
Running your business may involve a range of Business Law issues:
- Guarantees and security documents
- Confidentiality agreements
- Copyright and intellectual property law
- Partnership and shareholder disputes
- Customer disputes
- Supplier and contractor agreements
- Terms and conditions of trade
- Bankruptcy and Insolvency
If you find yourself uncertain about the right decision to make, or you made a decision you wish you hadn’t, then speak to one of the lawyers at Duffy Elliott straightaway.
Selling your business has a range of issues you need to think through before signing a contract. In particular, the negotiation for the sale of the business. Many factors come into play when deciding on a sale price for your business. Seek professional advice before over-committing or undervaluing your business. Here at Duffy Elliott, we work closely with Accountants, Industry professionals and Financial Planners to ensure you structure the most effective deal for the sale of your business. Issues that arise include the determination of assets and liabilities, responsibility for employees, trading restrictions that may apply.
Rushing the sale of a business may devalue your life’s work.
In all aspects of business law, ask our advice before you regret your decision.