In the dynamic landscape of Australian business, of which there are 2,589,873 actively trading businesses, it’s crucial to understand the fundamentals to structuring your business for success. From proprietary limited companies to public limited companies, each structure presents unique advantages, risk exposures and regulatory obligations. Implementing the right processes to support your business is paramount for long-term success.
This is where it may be valuable for your business to consider a Commercial Lawyer.
What does a Commercial Lawyer do?
Firstly, it’s important to understand what Commercial Lawyers actually do, and how one might be able to support you with achieving your desired business outcomes or resolutions this year.
Here at NB Commercial Law, our Director Daniel Dash and the team work closely with our clientele to navigate all issues relating to business and business assets.
From transactions to disputes and litigation, to intellectual property protection and corporations law; we are a full-service Commercial Law Firm based in Brisbane, ready to service your business needs.
Here are some areas we can deeply support your business.
Disputes and Litigation
Navigating legal disputes can be a challenging and overwhelming experience for businesses of all sizes. When conflicts arise, it’s a clear indication that issues need to be resolved promptly and effectively to safeguard your business’s interests and reputation. As a seasoned Commercial Law Firm, we specialise in assisting businesses like yours in resolving disputes and navigating litigation proceedings with confidence and efficiency. Not all disputes can be resolved through ADR methods, and we are well-equipped to assist you should your matter escalate to court proceedings. We will work closely with you to develop a robust strategy for court and provide practical advice.
By enlisting the expertise of a commercial lawyer, you can gain valuable legal insights, strategic guidance, and representation to help you navigate complex legal challenges and achieve favourable outcomes.
Intellectual Property
Intellectual property is a valuable asset derived from creativity and innovation, holding immense commercial value despite its intangible nature. At our law firm, we understand the importance of safeguarding your intellectual property, including copyrights, trademarks, patents, and trade secrets.
Our experienced team specialises in assisting businesses in assessing and enhancing intellectual property protection measures, and inserting these measures into your overall business plan. We provide tailored guidance and strategic advice to help you protect sensitive information and preserve the integrity of your brand. With our expertise, you can mitigate risks and ensure the long-term security of your intellectual assets.
Read our latest article on how to protect your Intellectual Property, and why it’s so important here.
Corporations Law
Corporations law refers to the body of laws and regulations that govern the formation, operation, management, and dissolution of corporations. It encompasses a wide range of legal principles, statutes, regulations, and judicial decisions that apply specifically to corporations, their directors, officers, shareholders, and other stakeholders.
We specifically support businesses by providing expert guidance on:
- Corporate governance
- Directors duties
- Mergers and acquisitions
- Capital raising and investment
- Due diligence
- Related party transactions
- Shareholder agreements
- Shareholder rights
- Constitutions
- Company insolvency
Structuring Businesses
The legal structure for your business or investment impacts costs, taxation, and your asset protection. The most suitable structure and business plan for you will depend on a number of factors. Four common business structures used by Small to Medium Enterprises (SMEs) in Australia are: Sole Traders, Partnerships, Companies, and Trusts.
Our experienced team offers advice about different business entities, can help establish trusts and companies, and provide associated advice. We work with you through every stage of your business to protect your interests now and as your business grows.
Transactions
Whether you are buying or selling a business, the terms of sale will generally vary based on the industry and the specific nature of the business. At NB Commercial, we work with buyers and sellers across all industries to protect your interests now and in the future.
We can negotiate and prepare business purchase contracts for you, structure your business entities, and work with stakeholders to make the settlement as smooth as possible. If you are considering buying or selling a business, book a consultation and make sure you are protected.
E-Commerce
Many businesses have transitioned from traditional ‘bricks and mortar’ establishments to hosting both an online and physical store or running on a purely digital platform. You may even take payment online for in-person services.
This evolution has brought about unique legal concerns specific to online commerce. Whether starting a business or transitioning to online transactions, the NB Commercial team can provide comprehensive advice on everything from online terms and conditions to privacy laws, consumer law, and intellectual property.
At NB Commercial Law, we specialise in guiding businesses and enterprises through the complexities of everything from business structuring and corporate governance. Schedule a complimentary consultation to discuss your business objectives and legal requirements, and receive expert guidance and comprehensive legal support.