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Having the right business structure is important for the operation of your business; for the future growth and direction of your business; for asset protection, and for tax reasons (we don’t talk tax though, so that’s one for you to raise with your accountant!). It’s important for small business owners to understand their options when it comes to business structures and to know what can happen in practical terms when they don't have the right business structure for their business.
Read MoreWhen it comes to what small business owners can do to protect their businesses? What do small business owners need to know, and need to do, to get their ducks in a row and protect the business they’re building?
Read MoreIf you have decided that it is time to start that business you’ve been thinking about - congratulations! This may be one of the best things you ever do—if you do it properly.
Read MoreWhen small business owners think about up-leveling in business or reaching the next stage of growth, more often than not business and mindset coaches come to mind.
Read MoreHere at TM Solicitor we are Australian business lawyers who focus on providing small business legal expertise to our clients because we love it; we’re good at it, and it’s our passion.
Read MoreAs a small business owner, there is so much to do. You wear all the hats; do all the things, and if you’re not careful you can end up on the hamster wheel going around and around, and around (you get the drift).
Read MoreI didn’t have aspirations when I was young to become a small business lawyer. I wanted to become a criminal defence lawyer and save the world one client at a time. Fast forward to now, I’ve practiced in various areas of law, including criminal defence, and I have spent time teaching law, too.
Read MoreAre you hooked on podcasts?
Podcasts can be such a valuable and easy way to learn from business professionals in a range of areas that are helpful and relevant to small business owners. We have put together the following list of podcasts that we find to be packed with value for small business owners.
Read More“How much does a lawyer cost” is something that gets asked a lot. Any rightly so. As business owners, we all need to plan expenses, and we need to know that our spending fits within our budget.
But how do you get an accurate gauge on what the real cost of an Australian business lawyer really is?
Read MoreClever use of technology in a small business can be the difference between running a smooth operation (like a well-oiled machine!) or a fly-by-the-seat-of-your-pants and hope for the best style of business. Take a look at some of the most common tech tools that I see used amongst my colleagues and clients (and several that I use myself). This technology can help by streamlining, systemising, automating, and securing data.
Read MoreThe reality is that there is so much to do when starting your new business. There is so much to know, and let’s be honest, there’s so much we don’t know! Here are my tips for what to focus on when starting your new business and how to keep business costs down early on.
Read MoreAs a business owner, it can be a struggle to manage all the things we have to do in a day. For me, I tend to fall victim to overwhelm fairly easily, so it is so important that I have a structure that works for me, and that I stick to, to help me with the daily juggle.
Read MoreBuilding a small business from scratch can be overwhelming. There's so much advice out there! Here are the top five things to consider and act on when you start - from business structure right through to website Ts & Cs.
Read MoreGetting paid in a service-based business doesn’t need to be hard. It doesn’t need to be daunting or overwhelming either. With a little bit of planning, proper implementation of systems and processes, viola! – your business is getting paid with ease!
Read MoreOver the years I have seen many businesses crash and burn as a result of the business owners simply not having the time (or mental bandwidth) to take care of absolutely everything in the business. Things fall through the cracks and over time, this leaves the business susceptible to pit-falls and risk.
Read MoreYou’ve decided to take the plunge to start a small business and I’m sure it’ll be so worth it. Although there are many celebrations involved in this early stage, there are also many unknowns.
Read MoreAs a business lawyer, and a business owner, professionalism is something that is always top of mind for me. It’s also a regular topic of conversation, especially of late as people are navigating the merger of work and home lives.
Read MoreWhen it comes to remote work, it is critical that employers get it right, or the consequences can be serious for both employers and employees (and the livelihood of the business).
Read MoreThis year we are seeing more and more small business in rural and remote areas subjected to the pressures of drought, floods, and bushfires. These challenges can feel like they are never ending for many, and often it is hard to see the light at the end of that tunnel.
Read MoreWe need to give ourselves permission to say no to the work that doesn’t suit us, and to the clients who we know we can’t add value to. We need to do this so that we comfortably look forward to the quality relationships that we can develop by saying yes to the work that best suits us.
