Common mistakes when selling a business

Are you currently thinking about selling your business? Many business owners have put their blood, sweat and tears into the creation and management of their business.  And for this reason it is important that you ensure you do all that is possible to maximise your...

ATO Debts: When are they due and payable?

With the recent increase in debt recovery efforts by the Australian Taxation Office (ATO), many have resorted to negotiating payment arrangements. However, there are some downfalls to such arrangements. The recent decision of Smith v Bone [2015] FCA 389 highlighted...

Development Finance

Are you looking for a loan to finance your development? Finding the right loan can be a tough decision. When it comes to property development or any construction projects, the return on your investments (ROI) is important. How you finance your development can have a...

What is a Preliminary Agreement?

A preliminary agreement is entered into between parties with an intention of concluding a more comprehensive agreement at a later date. From a legal standpoint, there are only two types – those that are legally binding and others that are not. Many industries now use...