Fernvale Startup & Business Lawyers

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Intellectual property includes patents, trademarks, copyrights, and trade secrets.;You can protect it by registering patents and trademarks, using nondisclosure agreements, and securing copyrights.

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To register a business name, you need to apply through the Australian Securities and Investments Commission (ASIC) website.;You will need an ABN to register a business name, and the name must not be identical to an existing name or trademark.

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When hiring employees, businesses must comply with fair work laws, provide appropriate contracts, and ensure workplace safety.;They must also meet payroll tax obligations and provide superannuation contributions for their employees.

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E-commerce businesses must comply with privacy laws, ensure secure online transactions, and provide clear terms and conditions.;They should also meet ACL requirements and provide accurate information about products and services sold online.

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Small businesses must register for an ABN and possibly GST, and they need to comply with payroll tax and superannuation requirements.;Income tax returns must be filed annually, and businesses should keep accurate financial records for compliance.

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Businesses should understand the Australian Consumer Law (ACL) and ensure their practices comply with fair trading regulations.;They should also have clear refund and returns policies and provide accurate product information.

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Options for raising capital include bootstrapping, seeking investors, applying for grants, and taking out loans.;Crowdfunding and venture capital are also viable options for startups looking for substantial funding.

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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to their owners.

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You must choose a business structure, register your business name, and obtain an Australian Business Number (ABN).;Additionally, you need to register for Goods and Services Tax (GST) if your annual turnover is $75,000 or more.

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A partnership agreement should include details on profit sharing, decision-making processes, and dispute resolution.;It should also cover the responsibilities of each partner and the procedures for adding or removing partners.