The importance of growing businesses having specialist accounting and legal advice cannot be over emphasised.
Growing businesses are exposed to increasing compliance demands from agencies like the Australian Taxation Office (ATO), ASIC and ACCC. There will also be inevitable legal implications in the growth process.
Intellectual property (IP) protection becomes even more important especially if IP is a source of growth.
Consult a solicitor or accountant to provide advice on complicated transactions like:
- the purchase or sale of assets and businesses
- entering interstate or overseas markets involving new forms of contracts and licences
- marketing new products/services that may be subject to different legal obligations.
Contact an accountant, solicitor or the local Business Advisory Service for advice on the legal and compliance implications of business growth..
For help in finding a solicitor or account contact:
Law Society of NSW
CPA – Australia
Institute of Chartered Accountants