10 - Legal learnings - restructuring, lease renewal

Navigating Business Structures and Legal Considerations for Australian Businesses In this episode of Business Know How Practical Legal Insights for Australian Businesses, host Melissa Bush explores the complexities of transitioning from a sole trader to a company structure, focusing on the journey and decisions of a business owner named Natalie. Key topics include the benefits of incorporation, such as limited liability, professional credibility, tax flexibility, scalability, and continuity. Melissa also delves into the intricate process of renewing a commercial lease under a new company structure and highlights the importance of securing and protecting a business name through trademark registration. With over 30 years of legal experience, Melissa provides actionable guidance to help business owners ensure their legal foundation supports long-term growth and protection.

00:00 Introduction to Business Know How

01:00 Natalie's Business Journey: From Sole Trader to Corporation

02:10 Advantages of Incorporating a Business

05:10 Navigating Lease Renewals and Business Restructuring

07:45 The Importance of Branding and Trademarking

10:35 Final Thoughts and Legal Check-ins

11:20 Conclusion and Call to Action