Category: Launching
How To Choose The Right Lawyer For Your Startup
Picking the right lawyer for your startup is as crucial as picking the right co-founders, considering the important role your lawyer will play in helping you scale your startup. There are many different types of lawyers, so it can be difficult to identify a lawyer that is the best fit for your startup and can…
When Should I Incorporate My Business?
Introduction Incorporating your business may be the last thing on your mind. While many start-ups and small businesses start as sole traders or partnerships, incorporation is often a more suitable often. In this post, we will look at what incorporation entails and the benefits it can bring. What does it mean to incorporate? The term…
Shareholders’ Agreements Explained
Shareholder Agreement – Overview A shareholders’ agreement is an agreement between the shareholders of a company intended to regulate their rights and obligations. A shareholders’ agreement differs from a constitution in that a company constitution can be replaced by a 75% shareholder vote, where a shareholders’ agreement can only be replaced on agreement of all parties to the shareholders’ agreement. A shareholders’ agreement is therefore especially important for…
What is the Difference Between a Small Business and a Start-up?
Small Business Vs Startup – Overview Knowing the difference between a small business and a start-up is crucial in creating an effective business plan. The two terms are often confused, yet they refer to two very different things. Essentially, a start-up is a company designed to create a scalable business model, while a small business is a small group…
Trade Mark Registration Explained
1. Trade Mark Scoping 1. Choosing the type of trade mark 2. The trade mark owner 3. Goods and services 4. Conflict searching 1/Choosing the type of trade mark (a) A trade mark may be a letter, word, name, signature, numeral, device, brand, heading, label, ticket, aspect of packaging, shape, colour, sound or scent, or…
Restraints of trade the ultimate guide
Introduction What is a restraint of trade? Restraint of trade clauses can be categorised into: 1. Non-compete clauses. 2. Non-solicitation clauses. 3. Trade secret / confidential information clauses. Restraints of trade are relevant at all stages of the business lifecycle, including when 1. Employing people or engaging contractors. 2. Buying or selling a business or…
Employment law: The Ultimate guide for Startups and Small Businesses
Introduction Employment relationships are governed by: 1. The Fair Work Act 2009 (Cth); 2. Any applicable modern award; 3. Any applicable enterprise agreement; and 4. The individual employment contract (which may be written or oral). Types of employees Employees may be employed on: 1. A full-time basis; 2. A part-time basis; 3. A fixed-term basis…