by Joe Kafrouni | Apr 1, 2016 | Business Disputes, Business Improvement, Contracts & Negotiations, Starting a Business
When business people enter into open ended partnerships, which is most common, then generally any partner can dissolve the partnership by giving notice to the other partners. When this occurs, some of partners may continue the business, but only with agreement of the... by Joe Kafrouni | Mar 1, 2016 | Business Disputes, Business Improvement, Contracts & Negotiations, Legal Compliance, News, Risk Management, Starting a Business
What are the key duties of a director of a company? As a director of a company, you will be asked to make many decisions in relation to the conducting of the company and any transactions it may enter into. When making these decisions, it is important to consider how... by Joe Kafrouni | Nov 1, 2015 | Business Improvement, Legal Compliance, News, Risk Management, Starting a Business
As a director, you must stop your company from trading if it is unable to meet its debts. Otherwise, as a director, you could be sued personally by a liquidator or creditors (putting your own assets at risk) for the debts incurred whilst insolvent and even face... by Joe Kafrouni | Oct 1, 2015 | Business Improvement, Contracts & Negotiations, News, Risk Management, Starting a Business
The use of legal contracts can often be perceived as sign of mistrust. This is particularly when a person is entering into a business relationship with a friend, colleague or anyone that is previously known to them. It does not have to be that way though! When people... by Joe Kafrouni | Apr 5, 2015 | Buying or Selling a Business, Contracts & Negotiations, News, Risk Management, Starting a Business
A franchise agreement is the legally binding contract between the owner of a company (the franchisor) and an individual or company (the franchisee) who is given permission to run a particular outlet of the business. The franchisor owns the company, trademarks,... by Joe Kafrouni | Jun 11, 2013 | Buying or Selling a Business, News, Starting a Business
We believe there is a misconception amongst business owners that registering a business name with ASIC provides them with ownership of that name or exclusive rights to trade under that name. It doesn’t! Registering a business name simply allows others to search...
