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Secured vs Unsecured: How Business Loans Work

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While business loans often finance the initial expenses of a startup, they can also be used for relocating and/or growing your business. Similar to a personal loan, business loans can also be secured or unsecured. Common types of business loans When choosing a loan, it’s important to check the cost, interests rates, hidden fees, terms
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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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