WIth Stage 3 restrictions returning to Regional Victoria on 6 August, here is a list of some key points to be aware of.
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Buying a business is exciting but don’t forget your due-diligence before signing on the dotted line. It’s more than just the numbers.
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If you need a document signed urgently that requires directors and you can’t access them all due to Covid-19, having a company power of attorney in place may provide the means for your business to sign the document in the absence of the person who is unvailable.
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Does your business fit the criteria for use of the Small Business Fair Dismissal Code?
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Superannuation payments to employees are compulsory and there are serious ramifications if not paid on time.
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It is a sad fact of business life that sometimes a business is unable to afford to keep all its employees. If this happens to you there are rules you must follow and legal advice you may need.
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The day you need water from a well is not the time to start digging. Likewise with debtor management and the flow of cash through your business. It may be too late to start chasing old debtors when the bank account is low.
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Protect yourself better against the failure of a major customer's business by registering your interests in the national personal properties security register.
Read MoreSmall business is not completely exempt from unfair dismissal rules. Know your obligations to avoid the risk of a ruling against you.
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