• Commercial & Business Law

    Commercial & Business Law

    We are first and foremost lawyers for business people.  Our team will work with you to develop, manage and execute your business plan while ensuring you exploit opportunities, manage risks and achieve commercial success.  

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    Service includes:
  • Dispute Resolution & Litigation

    Dispute Resolution & Litigation

    Specialists in commercial dispute resolution, we appreciate that resolving a dispute requires more than just following court processes. You can trust Taurus to be in your corner, and fight to deliver results.

     

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    Service includes:
  • Property & Construction

    Property & Construction

    Enhanced by a wealth of experience in property law, Taurus can assist businesses with everything from managing leases, to complex property development projects.

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  • Intellectual Property

    Intellectual Property

    One of the most valuable assets of any business is its intellectual property. We empower our clients to protect their brand, systems and confidential information by offering them a broad range of legal services related to their IP.

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  • Insolvency & Bankruptcy

    Insolvency & Bankruptcy

    We act on behalf of creditors, debtors, and insolvency practitioners in a variety of re-structuring and insolvency matters.

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  • Debt Recovery

    Debt Recovery

    We will recover your debts as if they were our own. For many owners, directors, and managers, debt recovery is one of the most confronting and challenging aspects of running a business. It is also crucial to the cash flow of the business, and therefore critical to its financial success.

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  • Employment Law

    Employment Law

    We help our clients meet the demands and challenges of managing their workforce.

    Our team can assist in any employment law matter ranging from drafting employment agreements to giving termination advice and handling unfair dismissal applications.

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ENQUIRE

The following checklist sets out some issues and questions you should consider:

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 Taurus Legal Management team on (03) 9481 2000.

Posted by Taurus Legal Management