Welcome to the Brisbane Professional podcast this is a podcast brought to you by SMS Law going through legal secrets that will benefit you and your clients and have a little bit of fun as well.
Join us for this interesting BPP guest interview with Omar Mohamed, Brisbane Buyers' Agent, where we discuss finding the right buyer’s agent and what you need to know. We know that a practical, reliable, and professional buyer’s agent can make the process easier and stress-free for you, whether you are buying a dream home or an investment property.
For people who haven’t heard about this service, by listening to this episode you will learn: • What services a Buyer’s Agent provides • How to tell a great buyer’s agent from a bad one • How to choose the best Buyer’s Agent who understands their needs • How to get in touch with Omar and get started
Join us for this fascinating and inspiring interview with our special guest, Scott Lachmund - Principal & Licensee at Richardson & Wrench Caboolture.
Craig and Scott discuss the topic: “Purchasing investment property and what buyers need to know.”
Press play and listen as Scott shares his insights into why an investment in property is a good choice, what changes have occurred in rental demand and yield and what exactly to look for when investing.
Established by the Lachmund Family in 1994, R&W Caboolture is widely recognised as one of Moreton Bay Region's leading real estate agencies. You can contact Scott and the team directly through:
Facebook: https://www.facebook.com/rwcaboolture
Website: https://caboolture.randw.com.au/
Email: admin@4510.com.au
When you are in business with a business partner, it is vital to consider the consequences and effects on the business if something happens to one of you. Specific events that may trigger a buy/sell option agreement include death, long-term disability, retirement, or bankruptcy. It is crucial to ensure that a proper succession plan is in place to continue with a minimum of disruption. Listen to this episode to know what to include, how to protect your business and what to avoid.
Are you ready for specific legal advice? Call us to discuss your situation with professional guidance, legal advice, and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 059 – Why have Personal Insurance?
Personal insurance policies payout in the event of your death, disability or some other disastrous event occurring. Some people feel they do not need insurance as nothing will happen to them or they’re independently wealthy. Suppose you are unfortunate enough to suffer a catastrophic event. In that case, it can have a drastic effect on your business, your family’s ability to earn an income, and/or the level of care that they can maintain. Listen to this episode to know what to include, how to protect your business and what to avoid.
Are you ready for specific legal advice? Call us to discuss your situation with professional guidance, legal advice, and support from us at SMS Law. Don’t forget to subscribe to the podcast!
A Power of Attorney deals with financial matters, such as banking, property and shares, as well as health matters. Before granting someone a Power of Attorney, it is vital that you seek advice from your lawyer and other financial advisors to ensure that you understand what powers you are granting to another party. Considering an advanced health directive so that you can make informed decisions regarding future care? Listen to this episode to know where to begin and what to expect.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Do you have a will? One of the main reasons that people avoid having a will is that they don’t want to think about the inevitable. Your business, however, is your legacy so you should decide what happens to it, rather than letting others decide for you. Listen to this episode to know what to include and what to expect.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 056 – Buying an Existing Business
Are you taking the big step of buying an existing business? There are a few advantages and disadvantages to buying an existing business and careful evaluation must be given as to the value and quality of the assets you are buying. Listen to this episode to know what to look for and what to expect.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 055 – When to Use Licensing
Are you looking at growing your business through licensing? Essentially, a licence gives the third party the right to use your intellectual property usually in return for a fee. The business relationship usually allows the third party to use the name of the licensor’s business to trade with whilst protecting other aspects of the business. Listen to this episode to understand licensing better and see if it could benefit your business.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 054 – Franchising Benefits and Pitfalls
Is it time to franchise your business? A franchise model can be rewarding for both the franchisor and franchisee. If you want to start franchising your model, serious consideration needs to be given to the systems that are in place before you sell franchises to other business owners. Listen to this episode to help you carefully consider your franchising options and avoid legal pitfalls.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 053 – Choosing New Business Premises
Before you secure new business premises, it is important to consider the reasons for this decision and the benefits it will deliver to your business. It is also important to consider what systems and processes you have in place, and how this will be transported to the new premises. Listen to this episode to help you carefully consider your options and avoid legal pitfalls.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
BPP Show 052 – Selling a Property
Before you sell a property, it is important to consider the agent you want to represent you and your sale. Appointing an agent to sell a property is a big decision and all factors are important. Listen to this episode to learn what to look for and to help you engage the right agent to sell your property.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 051 – The Process of Buying a Property
You found the right property, placed an offer and it was accepted. Great news! What happens next? Now you move on to the legal process of buying a property called conveyancing. Your conveyancer will explain the various obligations and rights from the contract and draft all the required legal documents to give legal effect to the transfer of the property.
But what do you know about the government and body corporate records searches? Who talks to the banks? Do you attend settlement? Choosing the right conveyancer means confidence that the contract and the legislation governing the process are under control. Listen to this episode to help you better understand the conveyancing process and avoid the legal pitfalls of getting it wrong.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 050 – Buying Commercial or Industrial Property
Are you ready to take on the role of the commercial or industrial property owner? Maybe you have been researching the market, scouting out locations, and considering the potential of this investment path. What do you need to know NOW to prevent the investment backfiring and costing you more money than it was worth? Listen to this episode to learn more.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 049 – Buying Residential Property
Buying property can be an emotional experience, whether it’s a residence in which you intend to live or an investment. You need to know and fully understand the costs and fees before you sign on the line. But have you considered further the current renovations needed, future upkeep costs and the potential income your investment will be generating in the future? Listen to this episode to help you plan the best financial path forward and avoid legal pitfalls when investing in residential property.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Show 048 – Joint Venture Agreements
Are you looking at a joint venture agreement for your business? The term ‘joint venture’ is generally used where at least two parties enter a partnership but do not want to incorporate a separate structure such as a company or unit trust. This type of arrangement is very common in property investment or speculative ventures. Obtaining advice in relation to this type of agreement is also crucial. Listen to this episode to save yourself a lot of problems and costs in the future.
Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!
Today’s show discusses Shareholders’ & Unitholders’ Agreements for your business.A shareholders’ and/or unitholders’ agreement is a crucial document that needs to be carefully considered. Properly drafted, the agreement will set out the expectations of the parties, the rights and responsibilities of each of the parties, and what happens at the end of the business venture or if there is a dispute. Listen to BPP 047 to learn more!
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Also, remember to subscribe to our small business podcast.
BPP Show 046 – Choosing an Investor
Today’s show discusses what you need to know when choosing an investor for your business.When you accept an investor injecting money or expertise into your business, you usually surrender some control of your business in return for the investment. Depending on how your business is structured and the terms of the investment, the investor becomes a co-owner of your now joint business. So how to choose the right investor for you?
A clear understanding at the beginning of this phase is critical. The unique structure of your business will require careful consideration of both the business owner and the investor’s point of view to ensure that all parties are satisfied with the outcome. Listen to BPP 046 to learn more!
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Also, remember to subscribe to our small business podcast.
BPP Show 045 – Before You Start Maximising Your Business
Today’s show discusses what you need to know and do before you start maximising your business.Are you ready to maximise your business? Congratulations on building a proper business asset. Your next step is to consolidate your business by reviewing your business, identifying your strengths and weaknesses, and deciding exactly how you will move forward.By consolidating at this point, you will avoid the pitfalls commonly encountered as you move into the next phase.
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
Join us for this inspiring interview with our special guest, Josip Matanovic, Director at Vincents.
Listen as he discusses the shifts and changes that his clients had to work through in 2020 and now in 2021, what innovative progression he saw and how people adapted their business in lockdown situations. Moving forward, what fundamental controls should every business have in place now, and what do they need to know? What are your monthly goals, and how are you going to reach them? Execute your strategies now to achieve the outcomes you want.
Josip’s career spans various areas of business accounting and taxation compliance. As a Director and an accredited Business Valuation Specialist at Vincents, his key focus is establishing effective financial controls for clients.
You can learn more about Josip and contact the team directly through the website: https://vincents.com.au/experts/josip-matanovic/
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
BPP Show 044 – Enforcing Your IP
In today’s show, we discuss Enforcing your IP. Let’s say someone’s infringing on your IP, what can you do? As the owner of an IP Right, you have a range of legal options to deal with infringement and strategies which you can put in place now, to protect yourself later.
Do you need to learn how to enforce your intellectual property effectively? Listen to our BPP Show 044 to find out more! Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
BPP Show 043 – Risks of Not Having Intellectual Property Protection
In today’s show, we discuss the risks of not having intellectual property protection. Protecting your intellectual property is crucial for any business and, whilst imitation might be the sincerest form of flattery, it is vital that you take the appropriate steps to protect your intellectual property for the future. Listen to our BPP Show 043 to find out more and ensure that you obtain advice from your lawyer and accountant to ensure that the arrangements that are put in place are correct for your circumstances.
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
BPP Show 042 – Types of Intellectual Property
In today’s show, we discuss the types of intellectual property that you might use. This includes trademarks, establishing a separate entity to own your intellectual property, licensing your intellectual property, how-to guides and checklists for the work done in your business, and patents.
Do you need to set up structures to ensure that third parties cannot steal your intellectual property? Listen to our BPP Show 042 to find out more!
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
Today’s show is an introductory discussion on the topic of Intellectual Property. You know that when a business owner first starts, they have their ideas and methodology in their head. This intellectual capital is the most important and valuable asset that the business owns. But once a business brings on employees, the business owner faces the challenge of communicating and explaining their ideas and processes to their employees. This information is no longer safe inside the business owner’s head but shared with others who may use this information for their benefit without adequate protection and safeguards in place.
So, where do you begin identifying, protecting and setting up structures to ensure that third parties cannot steal your intellectual property? Listen to our BPP Show 041 to find out more!
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
BPP Show 040 – Employment Policies and Record-Keeping
As a business owner, you already know that best practice record-keeping makes it easier to keep track of your employee details, catch any payroll mistakes and keep your business running productively and efficiently. But could you be doing better? Today we discuss what to remember in employment record-keeping, maintaining your employment policies and what you need to stay on track.
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
A thorough induction helps your new employee get to know your business, your workplace and their role within it. Do you have an induction process in place to provide your new team member with tax and super forms, knowledge on employment conditions, and work health and safety information? Is your employee clear on their hours of work and rostering? Join us as we discuss what you might need to consider.
Watch on YouTube: https://youtu.be/eK6TftAYEpY
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
Join us for this fascinating and inspiring interview with our special guest, Jackie Strachan, CEO and Human Resources Strategist at HR Tactics. Jackie’s HR career has seen her hold both operational and strategic HR management roles across a vast array of industry sectors including retail, financial services, child protection, professional services, dental, state emergency services, Department of Justice, agency recruitment and IT. Combining her experience in each specialised area of Human Resources (such as learning & development, recruitment, WHS and employee relations etc), Jackie leads HR Tactics with an industry-respected foundation of knowledge.
In our interview, Jackie also shares changes to the Fair Work Act for casuals. Does this apply to your business? To learn more, visit her webpage at: https://hrtactics.com.au/2021/04/22/i...
You can learn more about HR Tactics and contact Jackie directly through the website: https://hrtactics.com.au
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
BPP Show 038 – Recruiting the Right Person
You know you need a new team member, and you are ready to get them on board as soon as possible. But wait, what do you need to work out first? When you get this step wrong, you can have to endure weeks and months, even years of legal nightmares. Get this right from the beginning, and it is smooth sailing; you will have a bigger, stronger team and a skilled asset for your business.
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
BPP Show 037 – Growing Your Team
As you grow your team further, it is critical to assess your business needs to hire the right person for your business. Consider as you seek extra staff, whether you need a contractor or an employee, what costs and obligations are involved and the potential impact, both positive and negative, on your existing team.
Do you need specific legal advice? Contact us to grow your business successfully through each cycle with professional advice, support and knowledge from SMS Law. Remember to subscribe to our small business podcast.
BPP Guest Interview - Steve Butler from Innovate Moreton Bay
Join us for this fascinating and inspiring interview with our special guest, Steve Butler, the Regional Innovation Coordinator at Innovate Moreton Bay. Steve discusses how businesses are staying resilient in the lockdown environment, connecting and engaging in new ways and the value in asking how can we help. His advice is to "know what your strengths are in your space and then surround yourself with everyone else that you need to keep building those networks." In our interview, Steve also shares how the stepping stones throughout his career brought him to his role today, providing collaborative opportunities for business owners to connect and engage.
You can learn more about Innovate Moreton Bay and contact them directly through their website: https://www.innovatemoretonbay.com.au/
Steve discusses a project and case studies that you will want to read more about! Drs Retha de Villiers Scheepers, Noel Tracey and Inez Mahony, researchers from the University of the Sunshine Coast in collaboration with Innovate Moreton Bay, investigated small business resilience in challenging times. You can read the project report and case studies here: https://www.innovatemoretonbay.com.au...
Inspired and want to attend an IMB social catch up? Catchups are held on the third Wednesday of every month at North Lakes Sports Club from 3pm to 5pm and no booking is required. Here are the details: https://www.innovatemoretonbay.com.au...
SMS Law is proud to be a program partner of Innovate Moreton Bay, supporting entrepreneurs, innovators, exporters and investors. Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
BPP Show 036 - Networking
There are so many ways in 2021 to network and join business groups. You might like to network face-to-face at social events, attend or exhibit at conferences or maybe attend annual industry association conferences. If you prefer to stay in the office, you can still make it work for you by networking online through LinkedIn, Twitter and Facebook! The more ways that you can push yourself to network, the more your client communications and relationships will grow stronger. Do you need legal advice? Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
BPP Show 035 - Funding and Start-Up CostsStarting a new business involves a lot of work before you open on your first day. You have confirmed your business's structure with your legal and financial advisors, identified your prospective clients and are ready to get this venture up and moving. The next step is to clearly identify each and all of the likely costs involved in your business. Do you need legal advice? Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
BPP Show 034 - Defining Who Needs Your Service
Defining who needs your service can feel tricky, but it is critical. Your ability to identify, define and determine the very best customer for your service can make or break your new business idea's overall success. Do you need legal advice? Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
Show 033 - Setting up the Correct Structure for your Business
One of the most significant decisions you’ll make when starting a business is choosing your business structure. Your timing is critical, discuss your structure with your financial, legal and business advisers before you even start your business, to begin with an end in mind. You will need to consider your options in mind of how much you plan to grow the business in the future. Do you need legal advice? Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
Show 032 - When to use a licensing agreement
A licensing agreement clearly states the agreement terms, limitations and rights for your business. It is knowing when you need one and why that is the key. In today’s show, we discuss when small businesses need to use a licensing arrangement and what you need to include.
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
Show 031 - When should you register your Trademark
Trademarks are a common strategy and commercial advantage to ensure you maintain and protect your brand. But when is the right time to register and what do you need? In today’s show, we discuss the benefits of a trademark and when you should register one for your business.
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast here.
Show 030 - 5 Top Misconceptions about Copyright
Copyright can seem confusing to a business owner. Sorting through the myths and understanding the facts is essential for your business. In today’s show, we discuss our 5 top misconceptions that we have seen about copyright and what you need to know.
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
Show 029 - What to look out for in your business financials
How does your business assess its financial strength - monthly, quarterly, annually? Do you REALLY know what you need to monitor and analyse to keep on top of your business? In today’s show, we discuss what to watch and exactly why it is crucial for a healthy business.
Grow your business successfully through each cycle with professional advice, support and knowledge from us at SMS Law and subscribe to our small business podcast.
7 Considerations before you enter a Lease
Rental Considerations
Security Deposit
Lease Terms and options
Outgoings
Assignment and Subleasing
Maintenance and Repairs
What happens at the end of the lease
5 Things to Consider Before Becoming a Franchisee
Ask How They Treat Their First Franchisees.
Examine Earnings Potential.
Consider Coaching to be Critical.
What territory will you operate in
Look for Knowledge-Sharing Among Franchisees.
Advantages and Disadvantages of Structures
Advantages of company structure
Disadvantages of company structure
Advantages of a trust structure
Disadvantages of a trust structure
Advantages of a sole trader
Disadvantages of a sole trader
Show 001 - Top 3 things to look at when buying a property
This is the first episode of the Brisbane Profesionals Podcast, a podcast from SMS Law designed to help you understand legal secrets and give you information to help your business.