COMMERCIAL LEASES – TENANT’S (LESSEE’S) PERSPECTIVE
If you are an existing tenant of commercial premises, it is important to be familiar with the terms and conditions of the lease and know what your statutory rights are if the Retail and Commercial Leases Act 1995 (SA) (“Act”) applies. Whilst there are a few...
UPSIZE TO A FRANCHISE: 5 MUST-DO STEPS IF YOU’RE THINKING OF BUYING A FRANCHISE
Franchising is a big part of Australian business. According to a Consultation Paper released by the Australian Government last week, the sector generates an annual turnover of $131 billion, with 73,000 franchises operating throughout Australia. An...
COMMERCIAL LEASES – LANDLORD (LESSOR) PERSPECTIVE
Do you own commercial premises which you lease out or have you recently purchased commercial premises with the intention of leasing them out? If so, here are the main issues you need to consider with respect to your obligations as a lessor of commercial premises in...
INCORPORATED ASSOCIATION OR COMPANY LIMITED BY GUARANTEE
When establishing a not-for-profit organisation, there are several entity types you could choose from, however the two most common entity types are incorporated associations and companies limited by guarantee. It is useful to compare the differences between these two...
CLOSING YOUR BUSINESS – THINGS TO CONSIDER
If you have made the decision to close down your Business then there are a number of administrative and tax issues you need to think about. The first step is talk to your accountant, solicitor or business advisers about the legal requirements for closing your...
THE BUSINESS ROLLERCOASTER – STARTING OUT SEMINAR
The Tri-meridian Team closed the Adelaide Office and headed toward the South Coast last Thursday. At the invitation of Olga Kostic, Business Development Manager for Regional Development Australia, Adelaide Hills, Fleurieu and Kangaroo Island we delivered a 2 and a 1/2...
COUNTDOWN TO 30 JUNE: TIME FOR TRUSTEES TO MAKE A RESOLUTION
If you are the trustee of a trust (for example a family trust) that distributes income to beneficiaries, it’s time to dig out your trust deed and make sure that you make a complying trust resolution before 30 June. The resolution must clearly state the income...
CONSUMER GUARANTEES: WHAT ARE YOUR OBLIGATIONS AS A SUPPLIER OR MANUFACTURER OF GOODS AND/OR SERVICES?
Did you know that as a supplier or manufacturer of goods and/or services that you automatically provide certain guarantees to consumers? On 1 January 2011, changes to the law affecting the obligations of manufacturers/suppliers of goods and services and the rights of...
IT’S NOT FAIR! THE ACCC’S REVIEW OF UNFAIR CONTRACT TERMS
“It’s not fair!” How many times have we heard this phrase? Whether it’s screamed by a quarrelling child, shouted by a door-slamming teenager, or hollered by an irate fan at a football match, I’m sure it is a phrase we are all familiar with. From a young age we seem...
8 TIPS FOR GETTING PAID AND MANAGING THE CASH SQUEEZE
In the current economic climate, there’s a possibility that your business is feeling the impacts of a cash squeeze. One of the most common causes of a cash squeeze is when customers repeatedly delay payment of your invoices. Often this leads to a flow on effect as...
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