• Partnership Disputes

    Partnership Disputes

    We have resolved hundreds of disputes between business partners and understand they are not easy.

    That’s why you need to engage a specialist in resolving these types of disputes.

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  • Trade Disputes

    Trade Disputes

    When it comes to business disputes, we have seen them all.

    We are experts at enforcing agreements and intellectual property rights to protect your business.

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  • Employee Disputes

    Employee Disputes

    We are all too aware of the damage an employee can do if they defect to a competitor with confidential information.

    We specialise in resolving disputes of this nature.

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  • Debt Recovery

    Debt Recovery

    Getting paid on time and in full is so important for every business.

    Our track record proves we know what we are doing.

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  • Business Transactions

    Business Transactions

    We are first and foremost business lawyers for business owners.

    We will give you the tools you need to take advantage of commercial opportunities whilst ensuring minimal risk.

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ENQUIRE

The following checklist sets out some issues and questions you should consider according to our Commercial Lawyers in Melbourne:

Preliminary

  • Do you have a business plan? A business plan is a great place to start and can be a requirement when seeking finance.
  • Do you have a marketing plan? New customers are the lifeblood of a business. How will you find them?
  • Do you have the right support?  A good accountant, marketer, lawyer? Good professionals will fill your skills gaps and let you focus on what you do best.

Structure

  • Have you chosen your business structure?  Company, Trust or Partnership? Are you sure this is the right structure for you?
  •  Do you have Company Constitution / Trust Deed / Partnership Agreement?
  •  If you chose a company structure, have you registered your company with the Australian Securities and Investments Commission (ASIC)?

Operational

  •  Are registered for GST (if needed)?
  • Have you registered a tax file number?
  • Do you need any licences to carry on your business?
  • Do you have a system set up for keeping your records?
  • Are you insured for public liability, business and product liability?

Lease

  •  If you are leasing the premises, do you have a current written lease?  How long is it?  Does it have further terms available?
  • Is your lease be governed by the Retail Leases Act 2003 (Vic)? This Act will provide a tenant with certain benefits, such as a minimum term and the right to receive disclosure statement.

Trading

  • Do you have Terms and Conditions for your customers setting out your payment terms?
  • Do you have a system set up for invoicing and following up payment from customers?
  • If you trade online, do you have website terms?

Protecting your Brand

  • Are your trademarks (such as the name or logo of your business) protected with an IP Australia registration?
  • Have you registered your domain name (using your business name)?
  • Is your business name registered?
  • If your business is creating new products, have you protected the intellectual property in your creation?

Employees

  •  Do your employees have employment agreements?
  • Do your employment agreements stop your employees from taking your customers or competing with you?
  • Do you have workers compensation insurance? Do you have policies in place to minimise the risk of a workplace injury?
  • Are you registered for Pay As you Go withholding?
  • Are your employees governed by a modern award? If so, are you aware of your obligations under the award?

Although this is not a comprehensive list of everything you need to consider, it is a good place to start. If you need help setting up your business, please contact a member of the Commercial Lawyers Melbourne team on (03) 9481 2000.

Posted by Taurus Legal Management

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