Duties and Obligations of Directors
Undertaking obligations as a director and assuming the companies operations requires careful consideration, even on the board of a small company. It is a requirement of the Corporations Act that each company has at least one director. Even the directors... Read More →
Are employment agreements useful?
Whether they are written , verbal or a combination, all employment relationships are subject to an agreement. It’s not mandatory to have a written agreement and all employees (other than casuals) are protected by the National Employment Standards (NES) whether... Read More →
Personal Liability of Company Directors
Using a corporate entity to operate a business is by far the most popular business structure, and for good reason. They are inexpensive to set up, you can trade in your own name and, crucially, a company has limited liability.... Read More →
Business divorce: How to make a clean exit
Like most relationships, people don’t go into business together with an expectation that it will end in a messy divorce. But just like romantic relationships, business relationships can sour. If they do, the process for ending the relationship can be... Read More →