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What you need to know about legal structure for Small Business

This video looks at the different types of legal structures you can have for a small business. It compares the different types of entities and how they compare on Income Tax, Capital Gains Tax, Company Tax, Flexibility, Asset Protection, Setup and Ru...


What is bankruptcy & how does it work?

Bankruptcy is a legal process that gives a financial fresh start. Thousands of Australians choose to go bankrupt each year by voluntarily filing a debtor’s petition. This factsheet outlines the basics of how bankruptcy works.What is bankruptcy? Bank...


What steps to take when selling your franchise

When you’ve made the decision to sell your franchise, there are several important steps to take so that you get the price you want and the transaction runs smoothly.(1) First things first, read the franchise agreement and get a good understanding of...


Why does the Franchisor want me to sign a General Security Agreement?

In franchising, you will find that it is standard practice for the franchise agreement to provide the Franchisor the right to register on the Personal Property Security Register which you can find at www.ppsr.gov.au. The security interest that will...


10 Critical steps to take when buying a franchise

So you’ve decided to become a franchisee. That’s great news but let’s take a look at the top 10 things you need to do when buying a franchise:(1) Make sure you have given proper consideration to why you want to be a franchisee. Are you just bored i...


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