If you are thinking about a new venture, expanding an existing business or entering a new market, one option you might consider is to buy an established business. There are advantages and disadvantages when buying an existing business compared with starting your own. Considering the pros and cons of each, and carrying out any due...

In May 2020 Liquorland (Australia) Pty Ltd applied for the grant of a liquor store licence in premises to be located at the Karrinyup Shopping Centre. The proposed premises had a floor area of 150 m² and would carry Liquorland’s usual range of beers, wine and spirits and ancillary products. There is an existing BWS...

Liquidated damages in construction and commercial contracts

Including a liquidated damages clause in construction or commercial contracts is a common way of addressing what sanctions will apply if a breach of contract arises during the operation of the contract. It is therefore important to understand exactly what is meant by this term, particularly if you find yourself in the unfortunate position of...

Differences between Employees and Contractors

Businesses should have systems in place to ensure that the correct determination is made as to whether a worker should be classified as an employee or as an independent contractor. This is important as tax, superannuation and other obligations will apply depending on whether the worker is classified as an employee or as an independent...

Intellectual property (“IP”) can be described as “the property of your mind” or “proprietary knowledge”. There are various types of IP, such as inventions, trademarks, designs or the practical application of your idea (discussed below). A business’s IP is usually a valuable business asset, and it is usually easier and cheaper to protect it properly...