Category

Directors

Franchise Compliance – the increased risk of getting it wrong!

By | Directors | No Comments

Hot on the tail of last year’s changes to the Franchising Code of Conduct aimed at improving transparency and protection to franchisees within the franchising industry, the Federal Government also passed the Treasury Laws Amendment (2021 Measures No.6) Bill 2021 which amongst other things results in significant increases in penalties for contraventions of the Franchising Code of Conduct.

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Contractors vs. Employees – Navigating the Minefield

By | Business Structures, Directors, Intellectual Property, Miscellaneous, Professional Services, Start-Ups | No Comments

With the rise of Uber and the sharing economy the status of workers has never been more relevant. We see a major push from businesses toward a flexible contractor based workforce. Whilst we share many of the commercial views that drive this push (e.g. flexible overheads, encouraging workforce participation and providing on-demand services), business owners must exercise caution not to incorrectly characterise a worker as a contractor when in fact they are an employee.

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Restraint of Trade Realities

By | Buying and Selling, Directors, Dispute Resolution, Intellectual Property | No Comments

Recently, Solomon Lew’s Just Group commenced action against departed CFO Nicole Peck. Just Group is seeking an injunction to prevent Ms Peck working for competitor, Cotton On, for a period of 24 months. Just Group is arguing that it is likely to suffer loss and damage as a result of the potential disclosure of confidential Ms Peck holds, to the Cotton On Group. Most likely, Just Group will be seeking to rely on some form of restraint of trade clause. Read More

Make Yourself Redundant

By | Directors, Miscellaneous, Start-Ups | No Comments

Treat your talent pool so well that your business can run without you on a day-to-day basis!

Key Person Dependency (KPD) is the notion of a business  being reliant upon few key people. Commonly entrepreneurs and founders of successful businesses have had to do a huge amount of heavy lifting themselves to get the business off the ground…hats off to them for doing that! The problem is that those same successful people have trouble letting go of the control panel, resulting in KPD. Read More