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What is a Franchise and How Does it Work?

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Franchising is an option to consider if you want to expand your business’ reach. For a fee, the business owner or franchisor authorises a franchisee to sell their goods and services for a specific period of time. You benefit as a franchisee from the goodwill established with the name and normally there is assistance or
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How Renewal of Lease Works in Victoria

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When negotiating a lease, you may want the agreement to include an option to renew. With options to renew, landlords generally cannot unreasonably refuse to renew a lease if the tenant has fulfilled their end of the lease agreement. What is a lease renewal From the term itself, a lease renewal happens when an option
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Protect Your Business: Understanding Trade Marks in Australia

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What is a trade mark? A trade mark is a sign used, or intended to be used, to distinguish goods or services dealt with or provided in the course of trade by a person from goods or services so dealt with or provided by any other person (s.17 of the Trade Marks Act 1995 (Cth)
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New Rent Relief in Victoria: How to Apply and What You Could Get

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On 28 July 2021, the Victorian Government announced the reintroduction of the Commercial Tenancy Relief Scheme. The Victorian Labour Government has introduced new legislation to provide rent relief to commercial tenants that have experienced a loss in turnover of more than 30 per cent during the COVID-19 pandemic. Eligible businesses will benefit from rent relief
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Ending a Tenancy: What You Need to Know About Lease Assignments

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There are many reasons for a tenant to decide they want out of a lease agreement; it could be a matter or preference or because of things that are beyond their control. Some of the most common reasons include: (a) the business being sold (b) the need for a bigger (or smaller) space (c) issues
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