Tag: business owner

Is it true some things are exempt from GST?

GST can be very confusing for businesses in Australia, especially if your company is in the business of importing and exporting. Read on to consider whether the goods and services you offer are exempt from GST.  What is GST? Goods and …

ACN vs ABN: what you need to know

When starting up a business, it is essential that you understand crucial elements to running a successful enterprise, which include acquiring an Australian Company Number (ACN) or Australian Business Number (ABN). By having an ACN or ABN, your company or business …

What is the difference between Part time and Full time?

As changing work arrangements are becoming more and more common post-pandemic, it’s probably a good idea to get a grasp of what the laws as to these arrangements are, regardless of  if you’re a worker or an employer. The rights an …

What You Need To Know About Indemnification Clauses

Indemnification Clauses in an Employment Agreement An indemnification clause, or indemnification provision, prevents the indemnified party from incurring harm as a result of legal liability. The indemnification provision is legally enforceable when one party agrees to indemnify the other party.  Key …

Employment Contract Advice: Do you Need to Be Concerned?

There are any misconceptions around if an employer can change the terms of a contract without an employee’s agreement or consent. In this post, we will discuss what employers need to know about changing employment contracts. Business Kitz offers comprehensive employment …

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Time for a break? Managing overwork as a small business owner

Approximately a quarter of Australian small business owners have become ill due to stress, ultimately needing time off work and defeating the whole purpose of productivity. Most business owners find that they are so invested in their work that they are …

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Do I need legal advice when buying a business in Australia?

Buying a business in Australia is a highly-complex process which, depending on the type of business being purchased, may involve a number of intricate steps to successfully complete. Seeking the support of an Australian business lawyer will help you navigate each …

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Employee vs contractor: what’s the difference?

When engaging a worker for your business, it is important to determine whether that worker is an employee or an independent contractor. It is critical to determine which relationship exists, as employees and contractors have different rights and entitlements that your …