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BUSINESS SYSTEMS & PROCEDURES

Every business should have systems in place and procedure manuals to follow. Without these you are really flying blind and efficiency will be at a minimum. In a conveyancing/legal practice this could be very expensive in both time and money and of course time is money to any business in a service industry. The following…

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WHAT DO I NEED WHEN BUYING OR SELLING A BUSINESS IN SA?

BUYING OR SELLING A BUSINESS IN SA Buying or selling a business in SA is a very different process to buying and purchasing property.  Your conveyancer can help minimise your risk by making sure you have taken into consideration all the necessary factors and steps that will be required for the transaction. The following are…

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COMMERCIAL LEASES | ADELAIDE CONVEYANCING

What is a commercial lease?  A commercial lease is a lease of commercial property and includes office space, industrial workshops and warehouses, retail shops (whether in they are in a shopping centre or not), storage sheds, working yards and other non-residential property. The lease is a legally binding document that gives you a right to…

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THE INS AND OUTS OF BUYING A COMMERCIAL PROPERTY IN SA

To assist you in buying commercial property in South Australia, I have set out below some matters to be considered by both vendors and purchasers. What is commercial property? To determine if a property is a commercial property, we must look at the Land Use Code provided by the State Valuation Office.   All property is…

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WHY DO I NEED A TAX DEPRECIATION SCHEDULE?

If you are buying an investment property then you should arrange for a tax depreciation schedule to be prepared for your accountant to get the tax benefits for your property. Mayssam Raslan from Key Property Inspections has written a detailed description as how a tax depreciation schedule can benefit you: Nearly 90% of people underestimate the…

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