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Is my developer an employee or contractor?

Things are progressing well at your start-up.  Despite not knowing how to code, you found a talented engineer who loves your idea.  Over a hand-shake deal and several cash payments, he’s been building your app for six months and there’s plenty more features to roll out.  

Suddenly, he asks why you haven’t been paying him super (what the...!).

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R&D Tax Incentive: tips & traps for start-ups

We’ve been to several start-up events lately where speakers have plugged the benefits of claiming large tax credits for their development costs under the R&D Tax Incentive.  And over a few beers, I can’t count the number of times I’ve heard “we just claim our dev costs as R&D”.  Whilst the scheme is great for Australian start-ups, there are dangers in getting it wrong.

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When co-founders part ways: what does your Partnership Agreement say?

Eighteen months ago a friend launched his start-up with his best mate.  They were making money, but they disagreed on direction and recently decided to part ways.  They didn’t set up a company, but they had a website, a client list, some cash in the bank and a healthy sum of future revenue.  But...

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Why do I need a shareholders agreement?

As a start-up most of you will kick off with one or more co-founders with no formal structure in place.  You might operate as ‘partnership’ in the early days while you validate your idea, acquire some early users and maybe even some sales.  Maybe it’s time to get serious and create a company to run your start-up?

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When is the best time to incorporate?

So you’ve bashed out a business idea, starting building your product and things are looking promising.  Till now you’ve been flying solo or partnered up with one or two co-founders, winning the hearts and minds of your first customers - it’s time to get serious and create a company, right?  Well... first ask yourself a few questions...

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