Trouble getting paid? Getting demands for payment or damage claims? Penalty notices or in a family dispute?
Specialised skills are needed to help small and medium businesses overcome these problems. Our specialist legal and business experts help our clients solve problems like these every day.
Which do I choose? Sole trader vs company vs trust? If you trade using just an ABN, what risks are you taking? Is the cost of setting up and keeping a company legally compliant worth the extra cost for your business?
Businesses often evolve, you might find that two people working together become a partnership, or at least may expose each other to risk. So how can businesses protect the assets of sole proprietors and partners?
What is the best company structure to protect assets? Fit for purpose structures can be fairly straightforward to set up and manage. You do need to act early, get good advice and stay compliant.
The great thing about Australia is our justice system; and the worst thing about our justice system is its cost. Litigation is expensive so getting a first, second and third opinion is probably worth the effort – depending on what it is you are pursuing or defending.
Our specialist team is well-versed in getting results for the client and assisting with alternative methods to reach an acceptable result – efficient, ethical and economic.
We also have access to litigation funding for the right claims.
A lot of people don’t distinguish between their business and themselves. And often they take loans against their homes, or are using business assets for personal use and so on.
Too rarely people think about how to protect their home, or keep the kids in a good school when things go sour. All too often too, people don’t ask themselves what might happen to their business if they enter a new relationship, or go through a divorce.
Asset protection is a bit about planning ahead, and a bit about thinking through risks and change. How can you avoid being personally liable for business debt? Are you sure your hard work and home are protected?
Which do I choose? Sole trader vs company vs trust? If you trade using just an ABN, what risks are you taking? Is the costs of setting up and keeping a company legally compliant worth the extra cost for your business?
Businesses often evolve, so you might find that two people working together become a partnership, or at least may expose each other to risk. So how can businesses protect the assets of sole proprietors and partners?
What is the best company structure to protect assets? Fit for purpose structures can be fairly straightforward to set up and manage. You do need to act early, get good advice and to stay compliant.
For many in family business, it’s more than just a business. Especially for farming families, it’s a way of life. A lot is at stake when control passes from one member to another, which makes succession planning essential to its survival.
These are not standard legal or accounting issues and they need specialist skills and experience.
If you’ve worked in the family business for years, only to see a divorce, a new partner or a lazy ‘family favourite’ try to take it away, then you know the problems around family business inheritance.
Succession and Estate Planning are separate issues. For example, Succession Planning deals with:
These are not standard legal or accounting issues and they need specialist skills and experience. Managing estates and succession, avoiding tax bills and managing the tax implications calls on the skills and experience of a specialist family business inheritance advisor. The consequences of enlisting the wrong advisor can be disastrous.
Rights, Wages and Termination, Workers Comp, Staff Management, Contracts, Recruitment and Outsourcing, Personal, PAYG and Super Liability; we advise on all these matters in relation to employing staff.
If your needs are more specific, we’re here to help. If you’re not sure, if there’s more than one issue you’d like to discuss, or if you need help right away, contact us now – it’s likely we’ve dealt with the problem before.
Trouble getting paid? Getting demands for payment, or damage claims,
penalty notices or in a family dispute?
Specialised skills are needed to help small-medium businesses overcome these problems. Our specialist legal and business experts help our clients solve problems like these every day. Check out the profiles below to find out how we can help.
If your needs are more specific, we’re here to help. If you’re not sure, if there’s more than one issue you’d like to discuss or if you need help right away contact us now – it’s likely we’ve come across the problem before. And if we haven’t, we can certainly refer you to someone who has. Remember too, your initial consultation is free and without obligation. Arrange yours now.
Which do I choose? Sole trader vs company vs trust? If you trade using just an ABN, what risks are you taking? Is the cost of setting up and keeping a company legally compliant worth the extra cost for your business?
Businesses often evolve, you might find that two people working together become a partnership, or at least may expose each other to risk. So how can businesses protect the assets of sole proprietors and partners?
What is the best company structure to protect assets? Fit for purpose structures can be fairly straightforward to set up and manage. You do need to act early, get good advice and stay compliant.
The great thing about Australia is our justice system; and the worst thing about our justice system is its cost. Litigation is expensive so getting a first, second and third opinion is probably worth the effort – depending on what it is you are pursuing or defending.
Our specialist team is well-versed in getting results for the client and assisting with alternative methods to reach an acceptable result – efficient, ethical and economic.
We also have access to litigation funding for the right claims.
A lot of people don’t distinguish between their business and themselves. And often they take loans against their homes, or are using business assets for personal use and so on.
Too rarely people think about how to protect their home, or keep the kids in a good school when things go sour. All too often too, people don’t ask themselves what might happen to their business if they enter a new relationship, or go through a divorce.
Asset protection is a bit about planning ahead, and a bit about thinking through risks and change. How can you avoid being personally liable for business debt? Are you sure your hard work and home are protected?
If your needs are more specific, we’re here to help. If you’re not sure, if there’s more than one issue you’d like to discuss, or if you need help right away, contact us now – it’s likely we’ve dealt with the problem before.
For many in family business, it’s more than just a business. Especially for farming families, it’s a way of life. A lot is at stake when control passes from one member to another, which makes succession planning essential to its survival.
These are not standard legal or accounting issues and they need specialist skills and experience.
If you’ve worked in the family business for years, only to see a divorce, a new partner or a lazy ‘family favourite’ try to take it away, then you know the problems around family business inheritance.
Succession and Estate Planning are separate issues. For example, Succession Planning deals with:
These are not standard legal or accounting issues and they need specialist skills and experience. Managing estates and succession, avoiding tax bills and managing the tax implications calls on the skills and experience of a specialist family business inheritance advisor. The consequences of enlisting the wrong advisor can be disastrous.
Rights, Wages and Termination, Workers Comp, Staff Management, Contracts, Recruitment and Outsourcing, Personal, PAYG and Super Liability; we advise on all these matters in relation to employing staff.
Which do I choose? Sole trader vs company vs trust? If you trade using just an ABN, what risks are you taking? Is the costs of setting up and keeping a company legally compliant worth the extra cost for your business?
Businesses often evolve, so you might find that two people working together become a partnership, or at least may expose each other to risk. So how can businesses protect the assets of sole proprietors and partners?
What is the best company structure to protect assets? Fit for purpose structures can be fairly straightforward to set up and manage. You do need to act early, get good advice and to stay compliant.
Any or all of these reasons for business owners with a Pty Ltd company who:
If you have personal assets you want to protect, like a family home or director’s guarantees, this may not be for you, but you should ask us.
