How to Buy a Business | Entrepreneur
How to Buy a Business
Phone: +61 409 425 007
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25.01.2022 ARE YOU IN BREACH OF A CONTRACT? The Coronaviris has created an unforseeable economic situation with many small businesses at risk. Another consequence is that... people may be restricted from performing their obligations which ordinarily may result in a breach of contract. If this sounds like you, check to see if the contract has a "Force Majeure Clause". Depending upon how the contract is drafted, the inability to perform may not be regarded as a breach and the time to perform the obligation may be extended. If you require further information please do not hesitate to contact us. In the interim, please keep well.
19.01.2022 Buying a business involves reviewing staff and contractors - but do you know the difference between an employee and a contractor? An employee: - Performs the work.... - Uses the company’s equipment to perform the role. - Is directed by the employer in performing the work. - Is paid on the basis of an agreed hourly rate, wage or award. - Tax and superannuation is paid on behalf of the employee by the employer. - The employee operates as part of the business. In comparison, a contractor: - May contract someone else to do the work. - Uses their own equipment to perform the role. - Is not directed by the employer, but makes decisions based on their own skill. - Is paid on the basis of the activity or time or for a predetermined outcome. - Pays their own tax, superannuation. - Is responsible for the legal risk in performing the role, having to remedy any works at its cost. Has their own insurance, and - Operates independently of the business. Let us know if you have any queries.
11.01.2022 Everyone would agree that this pandemic is disruptive. As an employer have you considered and put in place strategies to minimise the impact, including by impl...ementing policies to protect staff as much as possible from the virus and alternative work and support arrangements? If you require any assistance in this regard please do not hesitate to contact us for some complimentary advice by responding below.
01.01.2022 People are looking for different ways to work. In the future there will be many opportunities to buy and operate a business. So now is the time to upskill and learn the process and all there is to know on how to buy a business. Learning these skills now will put you into a position to seize opportunities. We teach people how to buy a business through our Business Buyers Blueprint 7 week online course. This course is being presented for a short time for FREE in a 4 day Fac...ebook course starting on Tuesday 21 April 2020. This course will help you identify a business that is right for you, show you how to identify and limit risk, give you the opportunity to have a question and answer session and much, much more. So you don't miss out on this opportunity. Register your interest by clicking on the link below to the Business Buyers Blueprint private Facebook Group. We welcome you and look forward to seeing you in the course. https://www.facebook.com/groups/192165285343558/
