October 2015 Issue 109

In the everyday hustle and bustle of business, you could be forgiven for assuming that whatever sale you're negotiating or venture you're collaborating on, the deal isn't done until the contract is signed - wrong. The recent case of Yulema Pty Ltd & Anor v Simmons & Anor NSWSC 640 is a timely reminder that a verbal agreement can...

The Personal Property Securities Act 2009 (PPSA) is now an entrenched part of the Australian business landscape. However, an increasing interest is being taken (particularly by insolvency practitioners), in the interaction of that statute with provisions contained in commercial leases. Prior to the implementation of the PPSA, the common practice amongst lessors of commercial premises who provided chattels (whether or...

Following my article on the micromanagement of finances last month, I will provide more evidence on how micromanagement leads to better return on investment (ROI) for businesses. I once had a client who provides electrical services, so he and his staff were always on the road and rarely in the office. When I took over to manage his business' finances,...

ACT businesses are performing strongly on the international stage and a number of initiatives planned for the next few months have the potential to make them an even more significant player. According to the Department of Foreign Affairs and Trade's publication 'Australian Trade by State and Territory 2013-2014', which was released earlier this year, exports from the ACT have experienced...

The ACT has been confirmed as the most innovative and entrepreneurial state in Australia according to a new report by the Office of the Chief Economist of the Commonwealth. The report, the Australian Geography of Innovative Entrepreneurship, found that the ACT is the highest performing of all Australia's States and Territories for both innovation and entrepreneurship on a population adjusted...

Big Impact Advertising is Canberra's premiere outdoor advertising specialist. With over 6 years of experience in delivering Outdoor Media solutions to Canberra businesses,Managing Director, Tamer Bakr, and Business Development Manager, Matthew Turner, have developed a wealth of knowledge which they are keen to share with Government and businesses in the ACT. "We love Canberra and its business sector, we want...

Capcorp Constructions Pty Ltd, is the logical extension of renowned local building firm Capezio & Co. established by Don Capezio in 1995. Together they build on a family heritage that spans three generations and more than 50 years in the Canberra region. Capezio & Co. is still trading as part of the Capcorp Group and is focusing on delivering high...

Whether you work in a restaurant, office, or retail shop, there are many ways you can recycle your waste rather than sending it to landfill. Setting up effective recycling systems helps businesses save significantly on their waste bills while helping the environment and meeting corporate responsibilities. The Actsmart Business program provides free assistance and tailored advice to help you set...

How many times have you seen meetings of committees, boards or internal work groups fail because they fall into line with others rather than really exploring the opportunities that could exist. Groupthink often occurs because the individuals value unaminity and cohesiveness more than the potential group disharmony from fully exploring a wider range of options. There have been many articles...