Commercial Law For Small And Medium Sized Business Owners
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Commercial Law For Small And Medium Sized Business Owners

Hello, my name is Robin and I own a medium sized business which is based in a suburb of Perth, Australia. Many business owners do not understand the importance of commercial law on their operations. I know that I certainly didn't when I set out. At first, this wasn't an issue but as my business grew, I realised that if I didn't teach myself about the legal rules in place and seek expert help, I would find myself in serious trouble. I got in touch with a great law firm who helped me to understand exactly what I needed to know. I decided to start this blog to help other business owners.

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Commercial Law For Small And Medium Sized Business Owners

  • Should You Name Your Stepchildren In Your Will?

    5 December 2018

    While you may treat your stepchildren the same way as your natural children, the law may not. While you might assume that your stepchildren and children will share your estate when you die, this isn't always the case. If you want all your children to have equal shares, you may need to set out your wishes in your will. Do you need to name your stepchildren as beneficiaries, and what happens if you don't?

  • INHERITANCE OF FINANCIAL ASSETS AND LIABILITIES

    26 September 2018

    There are various laws that define how the financial assets and liabilities of a deceased person should be handled. These include the inheritance of businesses, business liabilities, financial securities like shares and what taxes should be paid by the beneficiaries of the estate of the deceased. Debts In cases whereby the deceased had debt before their death, there are procedures to be followed. The administrator is required to pay for the funeral expenses of the deceased, cater for legal expenses, pay taxes and then pay any other debtors.

  • As an Online Business Owner, How Can You Make Sure That Your Contracts Are Valid?

    28 June 2018

    Australian consumers are becoming used to ordering all their products and services online, as it's much easier and means that they can avoid taking a trip, finding a place to park and dealing with crowds. When you combine this simplicity with an increasingly sophisticated delivery and distribution network, it's not surprising to see this upward trend. This is hardly the end for any business that has a brick-and-mortar element, so long as they rapidly embrace the virtual business world.

  • Why It's Crucial to Detail Your Entire Financial Situation During a Separation

    28 June 2018

    If your marriage or partnership has sadly descended into acrimony, it can be difficult to calm everything down. Cooler heads may not always prevail, and you may find that your former partner has now commenced proceedings that could end up in family court. You know that you will have to defend your ground, and you may also be required to submit detailed information to their lawyers to substantiate their claim for support.

  • House Purchase: Three Critical Guidelines for Avoiding Legal Disputes

    1 May 2018

    The process of purchasing a home can be complex and challenging. If you do not handle the critical procedures with care, you could end up in legal disagreements relating to the acquired house. Therefore, if you are interested in acquiring a new residential structure, you should hire a property solicitor to help you navigate the buying process. This legal expert will help you avoid pitfalls in home purchasing which could cause financial ruin.