Author: Sami Sara

Sami Sara is the Bearded Lawyer. Blogging about legal issues facing startups, small business and SME's. Practical Insights, in plain English.
Can you establish your startup on your own?

Can you establish your startup on your own?

I get it. Startup life is hard. Your entire day seems like a balancing exercise as you try to accomplish as much as you can with limited resources. Who has time, let alone the money, to seek professional advice when there are a hundred other pressing issues competing for you attention.

Basic Business Structures

Basic Business Structures

Practical advice, in plain English: that’s what I promised. I am taking on that challenge by setting out some basic business structures and explaining the differences between them – without the legal and accounting jargon that causes most people’s eyes to glaze over. Impossible you say? Well, check out the below series of 4 posts …

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What is a Trust?

What is a Trust?

A trust is an artificial legal construct that best describes a relationship between individuals. A trust relationship exists where there is a separation between legal ownership of an asset and the persons entitled to benefit from that asset (called beneficial ownership). Let me explain: If I owned a block of land, and I said to …

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Companies: what they are and how they work

Companies: what they are and how they work

When talking about business structuring, most people naturally think that involves starting a company – and for the most part, they’d be right. However, whilst most people know about companies, I regularly come across clients who may not know exactly how they work and what the various terms connected with companies actually mean. Hopefully this …

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Key aspects of Partnerships

Key aspects of Partnerships

Everyone knows what a partnership is, right? Perhaps in a colloquial sense. However, when  it comes to the formalities of a partnership, I find that people are regularly surprised by some of the key aspects of what a partnership entails. The Basics A partnership is simply two or more people carrying on business in common …

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Operating as a sole trader

Operating as a sole trader

The Basics As a sole trader, you simply run a business as an individual. No complex structures or fancy accounting work: you simply register an ABN in your own name, and away you go. You can trade under your own name (e.g. Sami Sara Legal), or if you register a business name, under any name …

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Introducing The Bearded Lawyer

Introducing The Bearded Lawyer

What do you do when you have a passion for tech and startups, but are happily working within a more traditional legal environment? That is the question that I have been grappling with for some months now. Today’s business landscape is defined by our ability to utilise technology to accomplish more and engage with people …

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