Franchising
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10 things to watch for in Disclosure
So you’re keen on a franchise and have started the application process and engaged a franchising lawyer to review everything, but what should you be looking for in the Disclosure Document? Let’s look at the top 10 things to watch for:(1) Franchisor’...
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...
Warning signs when doing due diligence on a business
When buying a business, there are many things to consider and review to ensure you are uncovering any skeletons or issues. Generally, the seller will be quite helpful with any information required as they want the sale to go ahead, however make sure...
Costs of buying business in Australia (Mandarin)
[https://www.youtube.com/watch?v=HjA-po0W6oY]
Costs of Buying a Business in Australia
There are several costs you need to budget for when purchasing a business in Australia, in addition to the purchase price of the actual business. Let’s take a look at them:(1) Transfer Duty on Business Assets – this applies in Queensland, Western Au...
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