Difference between a shadow director and a director

Clive Palmer claims to be Shadow Director as Opposed to Director, is there really a Difference? – why does it matter?

Clive Palmer, the flamboyant Australian multi-million-dollar businessman and politician,

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The $2 Company and Unconscionable Conduct: Importance of Certainty before Execution of Agreements

Category : Articles, Commercial Law

The rise of $2 companies has led to many discussions regarding legal execution of agreements.

Entering into an agreement whether it be for a lease, purchase or sale is a significant financial decision generally involving large sums of money.

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Top 5 Tips to Legally Protect your Brand

The concept of a “brand” is familiar to all of us. Your business name, slogans and logos are what distinguish your business in the eyes of your customers. You may think that simply because you were the first to use a particular slogan, or because you have registered your business name, you are protected against unauthorised use of your brand. In reality, however, this is not necessarily the case.

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How to franchise your business?

Why franchise a business?

Franchising a business can be a very profitable way of expanding a successful existing business. Many well-known brands such as McDonalds, Domino’s Pizza, have used franchising to finance and accelerate their growth from local businesses into leading global brands,

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Salary Packaging and Fringe Benefits Tax

It is no secret that modern workplaces and working arrangements are becoming more and more flexible in terms of how they operate.

Examples include: Employers providing parents with flexible working arrangements amenable to their family responsibilities, and students negotiating for study leave in exchange for longer shifts.

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Business Succession Planning

Nobody likes to think about it, but it’s inevitable that one day you’ll leave your business. Whether you decide to sell up, retire or leave due to health reasons, it’s important that you plan for that day. A succession (or exit) plan outlines who will take over your business (or your share of the business) when you leave.

A good succession plan will help your business transition smoothly to the new owner. By planning your exit early, you can maximise the value of your business and help it to meet future needs.

Make sure your succession plan is achievable. Set a realistic timetable and measurable milestones along the way and stick to them.

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