Author: Glenn Ferguson

11 October 2018

How do i prepare my business for sale?

No matter how small or big your business is, if you intend putting it on the market for sale there are a few rules that will make the process easier and ensure you obtain the maximum sale price. Have a plan and a strategy in place Know your financials and make sure there are strong […]

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30 May 2018

General Data Protection Regulation (GDPR) – What is it?

From the day you were born, your personal information is gathered and stored in databases run by both private and government entities, such as hospitals, schools, banks, public registries, and the business enterprises with which you have previous and current dealings and transactions. The use of advanced software programs and applications has considerably made it […]

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19 March 2018

Businesses and confidential information – what happens if you have a data breach?

Whilst this topic can keep any prudent business owner up at night (if they don’t have proper IT protections), new legislation came into play on 22 February 2018 which should keep us all up at night if we don’t put the proper protections in place. The Privacy Act (the “Act”) was amended on 22 February […]

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26 April 2016

Are you ready to franchise your business?

Setting up a Franchise system is not easy and straightforward. However, while initially overwhelming, once established and operating effectively it has great benefits and significant rewards. If you have been considering franchising your business, and you are not sure where to start, we recommend that you ask yourself the following questions: “Is my business profitable […]

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21 April 2016

Trade Marks – Have you considered protecting your logo or business name?

The best way in which to protect your interest in a logo or business name is by registering it as a trade mark in Australia with IP Australia. You should consider creating a distinctive trade mark if you wish to establish a brand so that your customers know that the goods or services are from […]

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19 April 2016

The keys to setting up a franchise business

Once you have decided that franchising is the right option for your business, you need to consider the first steps for setting up a franchise system. It is essential to make sure the basis of any business arrangement is well thought out and structured. It is in everyone’s best interests to speak with a franchising […]

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22 October 2014

Why setup a company?

If you are looking to start a new business one of your first steps should be to determine the most appropriate trading structure through which to operate the business. The most common trading structures in Australia are that of a sole trader, a partnership, a company or a trust, or a combination of these. Each […]

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18 July 2014

Things to look out for now that the carbon tax has been repealed

On 17 July 2014, the Parliament passed the Clean Energy Legislation (Carbon Tax Repeal) Bill 2014. Not only will this new legislation repeal the carbon tax instated by the previous government, but it will also provide the Australian Competition and Consumer Commission (ACCC) with new enforcement powers. What are the new powers of the ACCC? […]

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14 March 2014

Business Law Update for 2014

There is no doubt that 2013 was a huge year of change in respect of the laws applying to small and large businesses. This will continue throughout 2014. I recently presented the 2014 Business Legislation Update Seminar for the Australian Institute of Company Directors on the Sunshine Coast. Some of the key areas I addressed […]

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13 February 2014

What is a partnership?

I have recently been asked about partnerships generally, and what distinguishes them from other business structures. It is important to have a firm understanding of the advantages and disadvantages of a partnership, before entering into one, to run a business. What is a partnership? A partnership is essentially an agreement made between 2 to 20 […]

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