Vendor – Why is the business being sold?
Costs – What variable and fixed costs will there be?
Profits – Do previous financial statements show that the business is profitable?
Assets – What assets are owned by the business?
Liabilities – Does the business have any outstanding or substantial debts?
Tax – Always ensure that GST, Capital Gains Tax, and stamp duty implications are in the equation when drafting a business plan
History – What has and hasn’t worked in the business in the past?

Purchasing a business is a far more complex and serious transaction than most others, a small or careless decision can leave you financially damaged. Luckily the skilled team at Phoenix Law can advise you throughout and ensure that you avoid common mistakes.

Before deciding whether to commence legal action, you must identify your ideal outcome, whether it be compensation, reinstatement of a job or just an acknowledgement of fault. Our lawyers will use this information to determine whether a court could in fact help you achieve your desired outcome.

The next important consideration is whether there is a case to answer for and if you have a cause of action. A cause of action is a legal framework that gives rise to entitlement for you to take action. For example, a negligence claim has 3 separate elements to be satisfied, and if but one element cannot be satisfied your claim will not go ahead.

Finally there must be sufficient evidence to support your claim. Your word against theirs will not be satisfactory so you must ensure that there is enough admissible evidence for the court to assess.
If court is not for you, feel free to ask us about the wealth of alternatives to court.

If you die in Queensland without a will the state deems you to have died ‘intestate’.

Queensland intestate laws govern the distribution of your estate among next of kin, including your spouse and children, some provisions (in the absence of next of kin) also include parents, siblings, nieces, nephews, grandparents, uncles, aunts and cousins. Relatives any more remote than first cousins are not included, most notable exceptions include in-laws (parents, brothers, sisters) and step-parents.

To ensure that the distribution of your estate is most in line with your wishes is to write an up to date and valid will.

Most immediate family members (or dependent relatives) can be included in your application, however there are a number of requirements before the application can be lodged.

They must meet the Australian Government’s requirements to be considered ‘family’ and include documentation to support your relationship.

Family members will need to meet the same health and character requirements as you as well as to show that their financial support matches yours. Lastly, Sponsors for subclass 457 applications will also need to consent in writing to include your family members as secondary sponsored persons. More information can be found on the department of Immigration website and in our office from a skilled team of solicitors and registered migration agents.

The short answer to this is no. All employers are required by law to pay compulsory workers compensation insurance, so any compensation paid to you will come from your employer’s insurance company.

There are a number of laws in place to protect you from being laid off simply for making a claim. However, employers are well within their rights to end your employment if your illness or injuries prevent you from performing your prescribed duties, if this is the case our team will assist you with seeking common law damages to account for lost future earnings.