Partnerships & Sole Traders
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Enduring Power of Attorney
The Powers of Attorney Act 2003 provides that an enduring power of attorney made in another state or territory is recognised in New South Wales. In fact, provided the Power of Attorney is made in accordance with the requirements of the State in whic...
Enduring Power of Attorney
The Powers of Attorney Act 1998 provides that an enduring power of attorney made in another state or territory is recognised in Queensland.An Enduring Power of Attorney is used to deal primarily with personal and/or financial matters. The power may b...
Due Diligence when buying a business
There are many things you need to consider when buying an established business. Here is a list to get you started:• Financial records of the company such as the income statements, records of accounts receivable and payable, and cash deposit, along w...
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...
Supply Agreements
A Supply Agreement is used where one party is providing products to another party – this could be basketballs, t-shirts, tools, food, wine, bicycles, supplements, widgets or many other types of product. It may be supplied online or from a shop front...
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