Lawyer for Small Business

Why you should hire a Lawyer for your Small Business

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September 19, 2018

2:40 am

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Legal

Running a small business, contrary to the usual perception, is not easy. Your business might have moved from a startup to a small venture but you will find that you are always short of time to monitor various facets of your organisation. Additionally, you might be fully conversant with the running of your business and devising expansion plans but short on knowledge when it comes to legal and compliance matters. Mistakes here can be very damaging for your business, especially if you have to pay hefty fines to statutory authorities for not following set regulations.

Even though hiring a lawyer for your small business can be expensive, it is always advisable to be on the right side of the law, especially when yours is a growing and small business. Further, you may opt to go through online sites and look for solutions to statutory requirements but do you have time for it? Small business owners as it is are overwhelmed with work without having to take on the extra pressure that can readily be entrusted to a professional legal expert.

The main point then is why should you hire a lawyer for your small business and what are the benefits of doing so.

  • Setting up a business structure – The business structure that you have decided on affects many operational aspects later. This includes tax incentives and how you will be paid. Statutory regulations differ between sole proprietorships, partnerships and limited companies. Additionally, business rules and regulations vary between States, further compounding the complexities. Only these lawyers who are well conversant with corporate laws can guide you well in this respect and ensure that you do not face unwarranted litigation in future on any issues.
  • Protecting intellectual property – You had started your business with a small germ of an idea which has now grown into a flourishing small business. But have you taken any steps to protect your it from being copied by somebody else wanting to make quick profits? This is why you should hire the services of lawyers who are experts in filing for patents and getting a copyright on your behalf. Any infringement of copyright gives you the right to sue to protect your business.
  • Drawing up contracts – It is understandable if you as a small business owner feel tempted to use some of the many templates for client and supplier contracts that are available on the Internet. But if you do not understand the legal ramifications, you are likely to be in big trouble. It is always advisable to pay an hour of lawyer’s time to know whether a template that you want to use has all the right clauses that you need to include. The same can be said for all clients’ and suppliers contracts that you receive from them. Have a lawyer check the fine print before signing on the dotted line.

When you hire lawyers, the costs need not necessarily be high. Lawyers often charge according to the size of the business they work for and hence as a small business you can hope for a fair deal that will be financially easy on you.

Tree Care Agency

Points to Consider Before Choosing A Tree Care Agency

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August 30, 2018

3:20 am

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Tree Care

If you are looking for a tree care agency for some minor work in your garden like trimming and pruning or a major activity like tree and stump removal, always hire an agency after careful research and thought. You have to get quotes but that does not reflect the real picture of the work that you might expect. For example, if you have got two quotes for tree removal in your garden, do not reject the higher priced one. Look first at what is offered. The lower quoted one might offer to fell a tree but the other might offer to bring the tree down limb by limb. This is preferable as it will not cause damage to your property.

The point then is – it is not the quote that is the final defining factor in choosing a right tree care agency. Here are a few points that you should consider before hiring a company for your work.

  • License and insurance – Hire agencies that are licensed and insured. Without workers compensation insurance you will be liable for any accident that happens on your premises apart from paying for the cost of repairs. Check for certificates of insurance before allotting the work.
  • Reputation – Research on the reputation that the company has in your community. You can also check the website of the company for certifications and accreditations as well as testimonials from previous customers. Ask for references and do not be afraid to call them for verification.
  • Multiple estimates – The only way to know if the price quoted by an agency is too high or low is to get multiple estimates from different tree care agencies – at least three of them. Later talk to the representatives personally to judge their professionalism and expertise.
  • Be cautious after a disaster – After a natural disaster, you will find amateur and ill-trained handymen coming in droves wanting to tend your garden or clear it of uprooted trees. Their rates too will be minimal. But never fall such handyman. Wait for a while and hire reputed agencies as these people may cause further damage to your property with their poor quality of work.
  • Pay after completion – Pay the full contracted amount only after the work has been completed and you are satisfied with the job. Do not make ad-hoc payments, especially to agencies that have come to your doorstep with an offer of services. You will be in a fix if they do not turn up the next day to complete the work.

Follow these simple guidelines for hiring a good and reputed tree care agency.

Home security apps

The Most Effective Home Security Apps for 2017 and Further Expectations

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September 6, 2017

6:22 am

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Home

The world today is under increasing threat scenarios both in the commercial and domestic environments. For the former, it is not only about burglaries and theft, the possibility of data theft and hacking of sensitive classified business information also looms large. In the home arena of course it is only about thefts and break-ins. While such possibilities have existed over decades it is only in recent times that cutting edge advancements in technologies have been put to use to protect home and office. Sophisticated home alarm systems in Melbourne or wherever you may be living have helped increase protection levels in domestic settings.

The huge boom in Internet enabled hand held devices such as smart phones has given rise to a new dimension in home security that did not exist even a few years ago. It is home automation systems where specific apps downloaded on your hand set offers tight control and monitoring of what is happening at your home in your absence. Today, there are apps that give you an extra layer of safety in addition to your existing security systems because simply by tracking your interiors it is possible to take immediate action against any untoward incident.

Some of the most effective home security apps for 2017 are listed below though in no particular order.

  • Alfred – Remember Alfred? He is the butler of Batman in charge of security of the estate. This app performs the same function in your home too. This app runs on Android platform and is very user-friendly without any signup and login. Simply download on your phone and it is ready for use. If you have an old smart phone lying around your home, this is the app for you. The second phone acts as the camera and you can monitor all activities in your room from a remote location. There is no need to spend a fortune on expensive CCTV cameras and recorders. Alfred has to be downloaded on both phones with one acting as the viewer and the other as the camera.

A notable feature of the app is that it has motion detection capabilities and sends you snapshots when movement is detected. Make a start to setting up a home security system with Alfred.

  • Reolink – This is an app that is meant for IOS devices and can be downloaded from App Store. It works with its own camera system and is a powerful complement to home security systems. It helps to monitor your home both internally and externally within the visual range of the cameras, all in real time. The highpoint of this app is its user friendly interface. It has motion detection capabilities and very clear 4 MP HD transmissions. However, it is only compatible with Reolink range of cameras.

  • iSentry – This app also runs on IOS and helps to keep an eye on your home while you are away on business or vacation. It allows users to receive videos or photos on their laptops or desktops whenever any out of the ordinary movement is detected by security cameras in the house. An advantage is that the app works well with any web camera. However the con is that it stops working when the laptop is in sleep mode.

There are many other apps of similar nature but with passing time, home security apps are taking on new dimensions. Already in use are apps that can help switch on lights and air conditioners and keep an eye on the elderly and children on video phones, all from remote locations. For more on home security systems and apps, get in touch with One-Tech Security in Melbourne.

Dental Practices – Invest in New Equipment for Tax Benefits

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May 24, 2017

11:42 pm

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General

An Australian Government Budget 2017 proposal is bound to bring cheer to dental practices across the country. Now, they can upgrade existing equipment to the extent of $20,000 and get immediate tax benefits through depreciation relief.

The scheme for accelerated depreciation arrangement was first formulated in 2015 and was allowed to business having a turnover of up to $2million annually. However, this threshold was increased to $10 million in March 2017 when the Senate approved the first tranche of the Federal Government’s company tax cut plans.

The net result is that businesses with a turnover of less than $10 million annually can purchase assets to the tune of $20,000 and immediately claim that amount as a tax deduction provided the assets are installed and ready for use by June 30, 2018.

However, it is a onetime measure. From July 1, 2018, this enhanced immediate deduction benefit will no longer be available and the limit will revert back to the old level of $1,000.

This has come as a huge relief to businesses as it has been one of their long pending demands. Industries cutting across sectors have welcomed this move and have advised their units to take advantage of this scheme within the current financial year for which it is applicable.

One of the first sectors to get off the block in this regard is the Australian Dental Industry Association (ADIA). It has counselled all dental practices in Australia to make investments in new dental and oral health care equipment to the extent of $520,000 to get benefits from the Government’s recently announced tax concessions.

By doing so, dental practices tend to gain considerably.

It is an ideal opportunity to update existing equipment and buy ones that are run on the latest state of the art technologies. Thus the quality of dental care will get a boost. Those who have completed their dental technology courses in Australia lately stand to gain a lot too. Dental technicians are responsible for construction and repairs of dentures and other orthodontic appliances including crowns, bridges, partial dentures, pre- and post-oral and maxillofacial surgical devices. All this requires substantial investments in expensive dental equipment which dental technicians can do now and write it off fully as depreciation immediately.

AIDA CEO Troy Williams is especially upbeat on this score. He said, “ADIA encouraged the Australian Government to extend the life of this important tax concession beyond 30 June 2017, and it’s pleasing that this has occurred. Dental practices nationwide can now plan for their investment in new equipment during the coming financial year. When introduced in 2015, these accelerated depreciation arrangements were initially made available to businesses turning over up to $2 million annually. ADIA was pleased to see this threshold increase to $10 million when the Senate approved the first phase of the federal government’s company tax cut plans in March 2017.”

For assets valued above $20,000, the existing rules remain in place and they can continue to be placed in the small business simplified depreciation pool and be accounted for at 15% in the first accounting year and 30% in subsequent years.

Report on “Medical Aesthetics 2017 Global Market Driver, Challenges, Trends & Forecast to 2020”

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May 1, 2017

4:13 am

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General

The latest market research report “Medical Aesthetics 2017 Global Market Driver, Challenges, Trends & Forecast to 2020”published by WiseGuyReports.Com Publish is definitely an eye opener for the medical aesthetics business and elaborates on the industry environment come 2020.

An interesting report that raises some curious points, it is run by market research analysts conducting an in-depth study of the industry and trends. Here are a few interesting points that can be drawn from the final report:

Experts predict that the global medical aesthetics market is will grow at a fast rate at a CAGR of about 7% by 2020, with certain factors fuelling this growth.

  • The first is the ageing population who is more aware of the cosmetic and plastic surgery business and desiring opportunities to look younger and fitter.
  • The second is the growth in income levels which has directly resulted in higher disposable incomes. Thus, people can and are more willing to splurge on plastic surgeries and beauty treatments.
  • The third and arguably the most important is the advance of technologies and innovations within the medical aesthetics industry. This is easily demonstrated with laser and ultrasound-based equipment, which is predicted to take the industry to greater heights during the reviewed timeframe. This technology is found in a range of devices, including IPL machines, Microdermabrasion machines, high intensity focussed ultrasound, Transdermal Focused ultrasound, fat reduction methods and others techniques that facilitate skin rejuvenation and permanent hair removal treatments. These IPL laser machines have changed the medical aesthetics playing field, primarily because the procedures are non-invasive in nature reducing the downtime for patients. This convenience has also increased the number of people wanting treatments to look better, younger and leaner.

The next important part of the report is broken down into 4 product categories within the medical aesthetics sector.

Including:

  • Laser-based medical aesthetics
  • Facial aesthetics
  • Breast Implants
  • Dental implants

The market segmentation analysis of these 4 reveals an interesting find; that the dental implant section currently at a market share of 34%, is forecast to grow at the fastest rate, far in advance of the other three. This is typically attributed by professionals to the increasing importance being placed on perfect smiles for beauty and the increase in oral complications among the younger beauty-conscious generation.

The Americas beauty treatment market is also slated to grow the most with the report predicting that it will be more than 54% in the period until 2020. As the aesthetic capital of the world, this fact is not surprising and can be placed at the door of the facilities delivering invasive and non-invasive procedures. With the influence of Hollywood, big stars and the increase of beauty treatment tourists, the industry beats the other regions of the world by sheer numbers.

Further, while the market is highly fragmented now with numerous players, there is bound to be a certain degree of consolidation in future with several vendors, such as Allergon, Mentor, Cynosure, Syneron and Straumann, emerging as the key players in the medical aesthetics business by 2020.

French Presidential Elections

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May 1, 2017

4:13 am

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General

Presidential elections are big news today. First, the media speculation on Donald Trump’s candidature was horribly inaccurate and now the French presidential elections have captivated international commentators because of the high stakes.

The election process in France is rather simple considering countries like the USA, with a much more complicated process. Voters simply go to the polls in the first round to elect a President. If one candidate gets more than 50% of the votes polled, he is declared elected. If not, two candidates who have received the highest votes face off against each other in a second round. The winning candidate then is one who receives more votes in this round. In elections held this year on 23rd April no candidate received more than 50% of the votes and hence there will be re-polling on May 7th again.

The candidates this time around present a mixed bag, from the far right through to the far left. The first noteworthy candidate is the incumbent President Francois Hollande who is not considered a likely selection this time, as he has polled badly for years. His Socialist Party candidate Benoit Hamon is considered to be too far left for the common public.

The dark horse in this race has been Emmanuel Macron, the former Economy minister. With no political party backing him, he has struggled his way to the front and is now the lead contender after the first round with 23.86%. Centre-right candidate Francois Fillon has not made much impact with the French. Surprising many, Marine Le Pen the anti-EU leader of the Populist Front National at the far right of the spectrum, has surged over the others and has garnered 21.43 % of the votes in the first round.

Come May 7th, it will be a faceoff between the young Emmanuel Macron and Marine Le Pen. It might be a moment for the history books with a distinct possibility that the far right will win the elections for the first time in France’s Presidential history.