Having a successful startup requires more than just a good idea, or a product that fills a gap in the market. If you can’t find a way to
grow your business, it’s unlikely that your startup will progress very far. That’s why it’s important for founders to have a good grasp of
the fundamentals of growth.
Allied Legal Review: Victoria’s $3bn COVID Support Package
Premier Dan Andrews has announced the largest cash relief support package Victoria’s history with a combination of cash grants and tax
relief for Victorian businesses in the Business Resilience Package (embed link). $822 million has been designated for cash grants to SMEs,
with a further $1.7 billion available in tax relief.
Startup Genome publishes annual reports ranking the top startup ecosystems around the world. This report analyses and compares the strength
of the startup industry across 300 locations to determine who is leading the way in startup innovation.
We at Allied Legal have assisted countless startups at various stages in their journey. That’s why we understand that, for many startups,
resources are tight from day one, and decisions have to be made about how to expend what limited finances are available. Still, every
startup will reach a point where it needs legal expertise to proceed properly. This begs the question – when have you reached that point?
Shareholders Agreements – Powers, Protections and Priorities
A shareholders agreement is an essential agreement for your business. Don’t be misled by its name – a shareholders agreement does more than
just formalise an agreement between shareholders. It details many of the core mechanisms that are essential to the ongoing management,
decision making and operation of your business.
Capital raising can be a beneficial and often necessary step to allow startups to scale and grow. It can also be a daunting process,
especially if it’s your first time doing it. Allied Legal sets out some preliminary issues you should consider when raising funds for your
it will reassure your customers as to the safety of their personal information when engaging with your service of product.
Even throughout the difficulties and uncertainties of the COVID-19 pandemic, Allied Legal is still looking to grow so that we are better
positioned to contribute to Australia’s startup scene. We are excited to announce the latest addition to our team, innovation and startup
enthusiast Gen Graham!