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Gold Coast Lawyers Publications - Gold Coast Lawyers / Northern Gold Coast Lawyers

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ARE YOU SELLING A BUSINESS? WHAT YOU SHOULD KNOW

ARE YOU SELLING A BUSINESS? WHAT YOU SHOULD KNOW Fri, 3 Aug 18
If you are selling your business or are in the process of same, there are many things to consider to ensure that the transaction is smooth and hassle-free. Obtaining professional legal advice in relation to the sale is crucial to maximise the prospects of a worry free transaction. It may be beneficial to obtain legal advice in relation to: • any special conditions that you may want to have drafted to be included in the Contract of Sale;

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LEASING BUSINESS PREMISES

LEASING BUSINESS PREMISES Fri, 3 Aug 18
If you are running a business, chances are you are doing so from leased commercial premises, or if you are in the process of establishing a business, then you may be seeking to lease commercial premises upon commencement of your business. Commercial property generally includes offices, workshops, warehouses, industrial units, retail shops, storage premises and other non-residential property.

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FRANCHISING

FRANCHISING Fri, 3 Aug 18
Franchising is essentially the relationship between two parties/business entities where one party is owner of a business who supplies goods and services, and grants a right for the other party to market and distribute the business’s product in the marketplace. The legal framework concerning franchises and franchising is highly complex, and our experienced and professional Gold Coast Lawyers are able to provide you with comprehensive, tailored legal advice relating to all aspects of franchising and franchise law if you are considering purchasing a franchise, including (but not limited to): • the most appropriate structure for your franchised business;

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DO WE NEED TO INVOLVE THE COURT IN RELATION TO OUR PARENTING PLAN?

DO WE NEED TO INVOLVE THE COURT IN RELATION TO OUR PARENTING PLAN? Wed, 4 Jul 18
During a separation many couples are able to put aside their differences to focus on the best interests of the children, despite the common misconception that ‘separation often turns ugly’. If this sounds like you and your former spouse, you do not necessarily need to go to Court to finalise orders in relation to your children. Instead, you can document your agreed parenting arrangements in relation to your children in a parenting plan, which is less formal than court orders, however is not legally binding.

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PROPERTY TRANSACTION CHANGES FROM 1 JULY 2018

PROPERTY TRANSACTION CHANGES FROM 1 JULY 2018 Wed, 4 Jul 18
We have previously written about the numerous changes to the Additional Foreign Acquirers Duty for property purchases in Australia by foreigners, and several of the major changes stemming from the 2017 budget have come into effect on 1 July 2018. As a result of the mid-year fiscal economic review, it is expected that the foreign acquirer duty rate is going to increase from the current 3% to 7%. Transitional arrangements for contracts entered into before 1 July 2018 but settling after that date have not yet been confirmed, and accordingly, foreign persons intending on purchasing property in Queensland should consider the timing of their transactions in light of the recent changes.

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PURCHASING A BUSINESS - WHAT SHOULD YOU KNOW?

PURCHASING A BUSINESS - WHAT SHOULD YOU KNOW? Wed, 4 Jul 18
If you are looking at purchasing a business or are in the process of same, there are a few things you should consider: • are there any specific terms that you wish to include in the Contract/offer, or are there terms already in the Contract/Offer which you need clarification on before signing; • what is the most appropriate entity in which to purchase the business for asset protection and tax minimisation; • does there need to be a clause inserted to restrain the seller or other key staff from competing against you in the future;

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