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How to change from Sole Trader to Company in Australia
Changing from a sole trader to a company is a significant transition in Australia. This change impacts your business, like how much tax you pay, what your legal obligations are
Prosper Law drafts, reviews and negotiates sales and distribution agreements. We have worked with sellers and customers of goods and assisted with domestic and international supply agreements.
The terms of both a sales agreement and a distribution agreement can be complicated. At Prosper Law, we help to prepare and explain supply contracts using plain English so our clients can focus on the deal at hand.
Our supply agreement lawyers will ensure your contracts include appropriate Incoterms, insurance requirements and product warranties.
If you want a sales agreement legal team with extensive experience working with Australian and international retailers, manufacturers and distributors, contact Prosper Law’s contract lawyers.
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A lawyer can draft a template sales agreement tailored to your specific requirements. They will ensure that all the necessary terms and conditions are included in the supply of goods agreement to protect your interests.
Our lawyers focus on rights regarding exclusive distribution, intellectual property, limits of liability and minimum stock requirements, to name a few.
Our sales contract templates are purpose-built to suit our clients’ business. The contracts are written using simple and easy-to-read language and are user-friendly.
If you have been presented with a sales agreement by the other party, a supply agreement lawyer can review the agreement to ensure that it is fair and favourable to you.
They will identify potential risks or unfavourable clauses and advise you on negotiating or modifying the agreement.
Prosper Law’s team of lawyers understand how to identify key commercial items and put them at the forefront of the supply contract review process.
Our lawyers can represent you in negotiations with the other party to the sales agreement.
We use our professionalism and experience to advocate for your interests and help you secure the most favourable terms possible.
Our negotiation process may start with a schedule of departures and progress to face-to-face negotiations with a supplier, distributor or customer.
If a dispute arises regarding the supply of goods agreement, a lawyer can assist you in enforcing the agreement and protecting your rights. We can help you to enforce your contract by taking appropriate legal action.
We take instructions on how you want us to manage your contract dispute. Whether the aim is to preserve customer relationships or get a good outcome, we're here to help.
Our dispute advice offers clear communication with our clients, so we have a full understanding of what is important to our clients.
Our sales contract legal services are offered on a fixed fee basis. Our clients know how much they will pay for our services upfront. We pride ourselves in giving our clients a positive experience and doing away with unknown legal bills.
There are lots of options when it comes to choosing legal experts. At Prosper Law, our contract lawyers have built a large portfolio of clients, receive excellent reviews and have repeat clients.
Take a look at our reviews and find out why clients across Australia choose us.
Our law firm packs a punch when it comes to the calibre of clients we work with. Our clients include international retailers and distributors and big brands.
Australian companies seek legal advice from Prosper Law because of our experience in drafting, reviewing and negotiating sales agreement terms.
Our team of contract lawyers are skilled negotiators and understand the important aspects of sales and distribution contracts.
Meet our team of professional contractual lawyers – you’ll be glad you did.
Deborah Lawrie2024-05-15Brooke Ferris at Prosper Law has helped me navigate copy write issues and a Life Rights agreement. Brooke is thorough, fast, efficient and knowledgable and has a no fuss down to earth approach. I am very grateful for her help.
CENDRÉ AUSTRALIA2024-04-24Prosper Law were so easy and quick to communicate with. Employment Lawyer, Krystal, was incredibly helpful. We were on a tight schedule and she made it happen quickly and efficiently, meanwhile answering any and all our questions we had regarding the contract. Highly recommend!!
Miguel Diaz2024-03-14Parkinson’s Queensland engaged Prosper Law to assist with a contract review. Their contract lawyer was fast, approachable and provided excellent customer service. Highly recommend Prosper Law if you are looking for a well-rounded contract lawyer or need help with contract reviews.
Elizabeth Roughan2024-01-31First timer to this online service but loved it. Quick, efficient and online so no dressing up to go into the city! Have already referred a business partner. Will continue to get advise on contracts from them moving forward.
Merzi Mody2023-11-24Unfortunately (despite all the positive reviews) our experience with Prosper was extremely disappointing and I have fed this back to the firm. We had one of our lead-in consults with an Associate Lawyer at Prosper on Tue 21.11.23 (15mins) and in LESS THAN 2 days we accepted Prosper's contract/terms, only to be told "we do not have the capacity to take on this matter". We were instead told, "you can use the “Find A Solicitor” function on the Queensland Law Society website to find a lawyer”. During this period there had been no change to the content/scenario regarding the matter whatsoever. It made the whole interaction with Prosper frustrating and unrewarding for us personally.
Holly Teague2023-09-11Big Thank you to Krystal and Prosper Law for expediting my employment contract and getting it back to me within 48 hours. Would definitely recommend if you are looking for an employment lawyer.
Larissa Rogers2023-09-09I came across Prosper Law while searching for an Employment Lawyer for a recent dispute. I had the pleasure of working with both Krystal and Farrah and I am extremely grateful for their attention to detail and guidance throughout my matter.
Yatin Kulkarni2023-08-29Absolutely fantastic work by Carlyn Sicat and Farrah Motley by turning around the review of my Contract within 24 hours. Crystal clear recommendations and therefore didn't need any follow up. Highly recommended recommend them if you need an employment lawyer!
Connor Summers2023-08-09Our business needed urgent legal advice for several employment law matters. Prosper Law’s employment contract lawyers were quick to respond, offered a fixed fee price for their legal services and were able to achieve a great result for our business. For any employers looking for a quality employment law firm, we highly recommend the team at Prosper Law.
Jane Gentle2023-08-02If you are looking to hire a legal counsel on retainer, I highly recommend the Prosper Law legal team. Having engaged with Prosper at work over the past 5 months, I have found them to be great in-house lawyers and who know their stuff when it comes to contract reviews, employment law advice and marketing and consumer law… and they’re reasonably priced
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An international sales agreement is enforceable. However, there are some important things that need to be handled by an experienced contract lawyer.
This may involve considering dispute resolution clauses, the law governing the contract, due diligence on the other party and any security, retention or guarantees that may be needed.
Enforcing an international sale agreement can be complex, and enforcement steps may vary depending on the circumstances. Consulting with our experienced lawyers will ensure that you have the best chance of enforcing your agreement.
The price of a sales contract template or a sales contract that is specific to a supplier or client will depend on a number of things. For instance, the length of the agreement, price adjustment review formulas, and whether the sales contract is just for goods or goods and services. In general, Prosper Law’s clients pay between $950 to $3,500 plus GST for a sales contract template.
A distribution agreement is a type of contract between a supplier or manufacturer and a distributor. It outlines the terms under which the distributor sells and distributes the supplier’s products. The agreement typically includes details such as the rights and obligations of both parties, and the territory in which the distributor can sell the products.
A distribution contract will also address pricing and payment terms, the duration of the agreement, and any exclusivity or non-compete clauses.
In sales contracts, there are several common terms and conditions that typically appear. Some of these include:
The specific terms and conditions in a sales contract can. Talk to our sales contract lawyers for advice on the best terms for your business.
It is not mandatory to register goods on the PPSR. However, registering a charge on the PPSR gives you additional rights. For example, you will be entitled to recover the goods if a buyer goes insolvent, and your rights in the goods are officially recorded on a public register.
If you have a long-term supply agreement, it is important that you are able to adjust the price of goods. You can address this in several ways. For instance, the sales contract may include a formula that is triggered by currency exchange rate fluctuations or commodities price benchmarks.
A price adjustment clause may also be triggered if your costs to purchase or transport goods increase.
Our contract lawyers recommend listing the agreed express warranties within the contract itself. However, if implied warranties apply (for instance, because of the Australian Consumer Law), the written agreement needs to be consistent with those warranties. An experienced contract lawyer can manage this in the contract terms.
Unfair contract terms law may apply to a sales agreement. If unfair contract terms are prohibited, it may be necessary for you to negotiate the terms of your sales agreements. This will help to show that the parties involved were able to put forward changes. An example of an unfair contract term is where a seller expressly disclaims liability for defective goods and the buyer is a small business.
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