CLO Lawyers will work with you and your accountant to advise on the structure best suited to your situation having regard to the advantages and disadvantages of each structure, and your tax position, personal legal liability and availability of capital.
Importantly, we will advise you about asset protection techniques to protect your assets from creditor claims.There are four main business structures commonly used by small business in Australia:
The lease document is a contract outlining the terms of possessing a property for a specified time at an agreed fee. There are some differences depending on the type of business, where you are located and the length of tenancy. Confusion often revolves around rent increase and renewal clauses, therefore a legal requirement exists for your solicitor to explain the lease to you.
For your protection and to minimise litigation and disputes, have CLO Solicitors thoroughly check the lease before you sign.