5 Business structures you could use for your startup
The structure of a business will have a big impact on asset protection, taxation and cost. Addressing this early on can save significant costs down the line.
3 Frequently Asked Questions On Taking Ownership Of A Business
Starting a business with friends is exciting, but don’t let complacency override sound business practice. Talk to Ballantyne Law Group about the value of shareholder agreements.
Advantages and disadvantages of buying a franchise
Franchising enables people to enter the small business sector without building a business from scratch. You work within an established business model and must meet various obligations – financial and operational – to honour your franchise agreement.
A new lease on life for commercial and retail property
An enduring image of the COVID-19 global pandemic was that of empty shopfronts as, one after the other, retail and commercial premises closed for business.
In South-East Queensland, the grim picture was exacerbated by the collapse of the tourism industry, a double whammy from which questions soon shifted from how the region would recover, to if it would recover.
Company directors and the order of the phoenix
The mythological phoenix was a magnificent bird that rose from the ashes to begin a new life. It has long been a go-to metaphor in the corporate sector, especially when businesspeople and entities rise from apparent ruin to flourish once more.
However, the phoenix also describes a business practice that new Australian legislation is striving to stamp out. The so-called Phoenixing Act has been in place since February 18 and it carries ramifications for company directors.