With so much information publicly available, you must be careful not to infringe copyright when you use another person’s material. How can you better comply with Australian copyright laws? What is copyright? Copyright is protection over the way an idea or information is expressed. It is not the idea or expression that is protected, meaning […]
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ACCC increases franchisor scrutiny
Under the Franchising Code of Conduct (FCC) a franchisor is obliged to update a disclosure document which has been issued previously to a franchisee within 4 months after the end of each financial year. Recent proceedings initiated by the ACCC suggest an increasing focus on and scrutiny of disclosure obligations in the protection of franchisees. Disclosure […]
‘Phillips arrangements’: It may be time to review your service company arrangements
Many professional practice owners including medical practitioners and pharmacists enter into an agreement with an associated entity to provide services to the practice, such as the provision of staff, administrative or clerical services, premises, plant or equipment in consideration for the payment of a services fee. Depending on its structure, these service arrangements may have […]
Aim for a pain-free goodbye
Meridian Lawyers assists pharmacists across Australia with the sale and purchase of their pharmacies. Whether you have negotiated a sale yourself or through a business broker, you will need a solicitor with pharmacy experience to prepare and negotiate the contract of sale, and manage the transaction through to completion on your behalf. Here is a […]
ACCC given greater powers to enforce new Franchising Code of Conduct
Since 1998 the mandatory Franchising Code of Conduct has been the key instrument regulating the conduct of franchises in Australia, as prescribed under the Competition and Consumer Act 2010 (Cth). A new Franchising Code of Conduct was made public on 3 November 2014 (“new Code”). The implementation of the new Code will be the most […]
Buying and selling dental practices
You need to consider a number of fundamental matters before purchasing a professional practice – we discussed these in our “Basic Fundamentals” article (published in NSW Dentist, April 2004). Before taking the plunge to buy into or sell a dental practice, there are many additional issues that you should think about, which are discussed in […]
Spotlight on Fitness: an overview of Australian Consumer Law
On 1 January 2011 the Australian Consumer Law (ACL) introduced some significant changes to the obligations on suppliers of services and goods. This update sets out a few practical tips on how fitness businesses can limit complaints and stay on the right side of the consumer law. Under the ACL, you guarantee that services supplied […]
Consider these fundamentals before purchasing a professional practice
If you are thinking about purchasing a professional services practice, whether it be a dentistry practice or other, there are a number of important matters to consider. In advising prospective purchasers, we sometimes see prospective purchasers get carried away with the idea of owning their own practice but do not properly consider some fundamental business […]
How healthy is your relationship with your business partners?
The relationship between most business partners does not last forever and it is rare to expect it to. Each year we deal with many disputes between business partners, whether they are co-owners of a business set up under a corporate structure or a traditional partnership. Just because partners decide to part ways, it does not […]