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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...


Body Corporate Levies

The REIQ contract standard terms provide for the regular periodic contributions levied by the body corporate to be apportioned between the parties in the same way as rates.The seller will be solely responsible for the payment of any special contribut...


Trade Mark Examiners Manual - Part 28 - Honest Concurrent Use, Prior Use and Other Circumstances

Part 28 of the Trade Mark Examiner’s Manual notes that applications may be accepted in the face of conflicting trade marks, where there was "honest concurrent use" of the trade mark as well as "other circumstances", i.e. two parties unknowingly using...


Partnership Agreements

A partnership is a form of business in which two or more individuals manage and operate the business with a view to making a profit. It is not a separate legal entity (like a company), but it must have a tax file number (TFN) and submit a tax return....


Trademarks

You come up with awesome ideas, so it’s important to protect them. Trademarking your business name, product name, tagline or logo is important as they are some of your most valuable business assets. The process takes around 7 months, so the soo...


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