Legal Hacks Tips & Tricks - for Successful Business' and Start Ups

Do YOU have the next great idea? 

How do you turn that idea into a business? 

What do you need to start a business? 

What do you need to look out for in a lease?

Is it as easy to wind up a business as it is to start one? 

 

Get the answers to these questions and more at the PACE LAWYERS – BUSINESS BASICS seminar.

This information session will cover the following key areas:

1. Choosing the right structure to operate a business (sole trader, company, trust)

-         Learn about advantages and disadvantages of the different structures through which you can operate a business. Are your personal assets at risk? Is your business structure cost-effective?

2. Commercial leasing essential facts (things to look out for in a lease and exiting a lease)

-       Be armed with the main things to look out for in a lease before signing it. Have you undertaken your due diligence? Have you spoken to your financier to make sure you have budgeted for taking on a leased premises? Have you received a fully completed Disclosure Statement and draft lease to review prior to proceeding further? Be fully aware of important clauses like term of the lease, rental, renewal options, outgoings, the lessor/lessees obligations, consequences of termination/default and special conditions.

3. Purchasing a franchise business (due diligence, documentation process and exiting a franchise business)

-       Franchising is a model for doing business. A franchise can offer an established product or service, existing reputation and brand with access to the franchisor’s experience and knowledge. Issues to be considered before purchasing a franchise – due diligence/research, ask questions of the franchisor and other franchisees, be aware of the training and support you will receive, are the other franchisees happy? Have your business structure in place, have the franchise documentation reviewed by a specialist franchise lawyer as the documents can be a minefield, be aware of the more onerous clauses in a franchise agreement and exiting a franchise.

 All these issues will be discussed on the day. Book now at this link to secure your place!

Where? The Alma Tavern 

When? Thursday 17 November 2016 from 12:15pm - 2:30pm