December 2019

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The Five Phases of Buying a Business

If you’re thinking of buying a business, you need to understand that it is a process. Basically, there are five stages or phases which include:

  1. Due Diligence
  2. The Offer & Acceptance
  3. Contract Review
  4. Negotiations & Exchange
  5. Settlement

Let's look at what constitutes a successful business purchase or sale...
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Festive, Restive or Pensive? Your Business at Christmas

Christmas time can be a make or break period for some types of businesses, retailers, accommodation, wholesalers & the information and communication sectors for example experience their peak sales at this time. For other industries this can be an especially tough time of the year with many business owners experiencing low demand, staff absences and supply disruptions...

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Employers - Be Careful! Don’t Underpay Your Staff

There have been some much publicised, high-profile cases in the media recently regarding the underpayment of staff. How can this happen and how can you make sure your business doesn't join this “Rogue’s Gallery”?...

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Why Do Business Start-Ups Fail?

Businesses fail for a multitude of reasons. Lack of sales and cash flow, inadequate capital and failing to adapt to change can all contribute to the collapse of a business. Let's explore some of the major reasons why business start-ups fail... 

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Proposed Superannuation Guarantee Amnesty Extension

Have you fallen behind on your Superannation Guarantee obligations? Legislation enabling the Superannuation Guarantee amnesty that was proposed back in May 2018 is before Parliament right now and if enacted, will apply from the original amnesty announcement...

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