When a business or individual faces financial distress, an insolvency lawyer plays a crucial role in explaining the legal aspects of insolvency. They offer strategic advice, negotiate with creditors, and help clients explore options for restructuring or managing their debts. In this blog, we’ll break down the different aspects of insolvency, the legal framework behind […]
Designed to hire for short-term staffing needs, cover temporary gaps, or bring on specialised talent for specific projects, fixed-term contracts offer a flexible alternative for both employers and employees. But what are the regulations around fixed-term contracts in Australia? In this guide, we’ll break down everything you need to know about this type of contract—so […]
Closing a business is never easy; it often comes after a lot of thought and tough conversations. But once the decision has been made, it’s just as important to make sure you go about it the right way. Learning about business dissolution isn’t just ticking off legal boxes, it’s about protecting yourself, your finances, your […]
Congratulations on registering your business. Now, to stay compliant, each year, you’ll need to pay ASIC fees and submit an annual statement. But what does that actually involve? We’ll break down everything you need to know about ASIC fees, including how they’re set, the types of fees you might come across, and what happens if […]
Breaks during long work hours are legally required to help employees rest, recharge, and return to work in optimal condition. But are these breaks paid? What are the rules, and how do they apply across different industries? Let’s explore paid breaks in Australia so both employees and employers can understand their legal obligations and avoid […]
You’ve probably seen the symbols ™, ®, and © on logos, product names, and creative works, but what do they actually mean? If you’re starting a business, learning about the meaning and significance of these symbols can help you protect your brand. In this guide, we’ll break down the importance of trademark protection, how to […]
More companies are seeking alternatives to ensure their employees get beneficial work arrangements. Time off in lieu is a great alternative to traditional overtime pay. But what is time off in lieu? In this guide, we’ll break down the time in lieu meaning, so whether you’re an employer looking to implement it or an employee […]
Annual leave is a well-earned break for employees, but did you know some workers can access extra pay on top of their base rate when they take leave? This additional payment is called annual leave loading. But how does it work, who gets it, and how is it calculated? Let’s break it down in simple […]
Becoming an entrepreneur is an exciting journey filled with new ideas and opportunities. However, deciding between a small business and a startup can be challenging, but don’t worry–today, we’ll break down the key differences, guiding you to an informed decision as you begin your business journey. Startup vs. Small business: A Quick Overview While both […]
Being a director in NSW is a rewarding role. It offers the chance to shape business strategies and contribute to long-term success. However, it also comes with director responsibilities and duties, and occasional challenges can arise, including the risk of personal liability. The good news is that with the right knowledge, preparation, and safeguards, you […]
Exciting ideas often flourish when two or more innovative minds unite to transform their vision into a real-life business. What begins as a dynamic and creative partnership can evolve into something truly remarkable as the ‘great idea’ blossoms into a successful business. However, to ensure that a partnership remains strong and productive, it’s important to […]
Yes, Sydney startups are fresh and innovative, offering something people can’t resist. But while starting a business is exciting, let’s be real—it comes with its fair share of challenges. As a startup, you’re diving into a competitive market, juggling countless tasks while also trying to navigate a complex legal landscape. That’s where a business lawyer […]
Your business could be missing a vital piece of armour. Our experienced Sydney business lawyers are ready to spill all they know about your first line of defence – expertly drafted terms and conditions. Why do you need to protect your business? Regardless of how you built your business, it goes without saying that you’ve […]
The stats against Startups aren’t for the faint-hearted. Whether you’ve got the edge in a highly competitive industry, you’re solving a problem that you’re passionate about, escaping the 9-5, or simply chasing more spending money, getting your Startup up and running is no easy feat. This is why we’ve compiled a list of four essential […]
Risk is a persistent little pest, a cunning nuisance that only grows as your business does, nibbling away at your wildest goals. Unfortunately, the only way to rid yourself of risk is to confront it with a call to arms. If conflict isn’t your cup of tea, we’ve got your back with tailored legal advice […]
It’s no surprise that operating a business comes with a mountain of difficult decisions. So when it comes to the nitty-gritty aspects of your Sydney business, engaging a well-versed lawyer is always your best bet. Not only can they ensure that you’re legally protected, but they can help you make informed decisions aligned to your […]
What is The Business ‘Prenup’ and do you need one when going into business with a best mate? Choosing the right business partner can be like trying to choose your ideal life partner. You will feel that initial sense of excitement and anticipation as you navigate what the future looks like together. We recently wrote […]
Going into business with a business partner can easily be compared to getting married. Both relationships require a great level of commitment, respect, honesty, decision-making and passion. Truth be told, a business partnership is actually harder to maintain than a marriage, and statistics show a much greater percentage of failed business partnerships than divorces. Picking […]
Selling a business involves more than just adding up assets and liabilities. One of the most critical aspects in determining the final sale price is the ‘business goodwill’. In this guide, we will walk you through the concept of goodwill, why it matters, and how to calculate it. You’ll also learn about methods to assess […]
Having a well-drafted contract is a crucial part of the business sales process, specifically if your interests are compromised. To ensure a smooth and safe sale transaction, it’s important to understand the main aspects that a business sale contract should cover. In this blog, we’ll explore the essential elements that should be included in a […]
Among the long list of to-dos that go into selling your Sydney business, coming up with a sale price is arguably the most critical step. It can be a complicated process but coming up with a sale price is often based on a simple calculation: The value of your physical (tangible) assets + the value […]
Walking away from a business as the owner isn’t as simple as handing in your resignation letter. If you’ve already started looking into the process, you may have discovered that selling a business can be incredibly complex. However, if it is your first rodeo, remember that it isn’t ours. As Sydney business lawyers, we aim […]
Buying a business is no small accomplishment. It requires strategic planning, extensive research, and an appetite for entrepreneurship. Yet, another critical aspect is the financial investment required, which some business owners may lack. But what if we told you that you can buy a business with little to no money and little to no risk? […]
From lockdown to slowdown, and then back up again the business cycles flow. Business is just like the four seasons and in order to reap the harvest in the spring we need to be able to endure the winter. For most business owners this means injecting more of their own capital into the business to […]
Starting a business can be one of the most exciting and rewarding journeys, but it can also involve financial challenges. Whether you’re looking to fund a startup or you are exploring options to scale your business, funding becomes a critical factor for growth. If you don’t have the necessary resources, raising capital might be the […]
If you own an e-commerce business, it’s important to be aware of the legal aspects involved. Having a good understanding of e-commerce law can help you avoid potential issues and ensure your business runs smoothly. By addressing common legal challenges in e-commerce, you can protect your business, build customer trust, and strengthen your brand’s reputation. […]
Understanding post-employment restraint has become an imperative aspect of learning. Often appearing in Australian employment contracts, their significance is still frequently misunderstood. Today, we’ll explore the key aspects of post-employment restraint clauses in NSW, diving into their purpose, types, and enforceability and how it is essential for both employees and employers to navigate their obligations […]
Discover strategies for reducing your workforce during turbulent times. Explore considerations such as employment contracts, redundancy, and stand-down laws to navigate headcount reduction effectively.
Learn when it’s the best time to negotiate business contracts. Economic conditions play a significant role in bargaining power, influencing your ability to secure favorable terms with suppliers. Explore key considerations for contract termination.
Learn valuable tips to ensure business continuity for small and medium-sized businesses. From key man insurance to shareholders agreements and power of attorney, discover essential strategies to mitigate risks associated with key employees.
In challenging economic times, businesses must review trading terms to avoid working for free. H+A Legal discusses strategies like upfront payment and progress payment arrangements for ensuring timely payments.