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Advisme

AdviSME is a legal solution designed for SMEs powered by Tompkins Wake.

Named in the 2019 and 2020 Innovative Law Firms List and recognised as a leading law firm in Asia Pacific, Tompkins Wake has more than 70 legal specialists and over 100 staff.

14/03/2022

What's one thing that almost every impact entrepreneur struggles with? Understanding your legal obligations!

We get it - wrapping your head around all things legal can be tough...

That's why we've partnered with our friends at Impact Hub Waikato. On March 16th, our SME specialist Phil M will be joining them in their Inspiring Space... and you're invited!

This is your chance to connect one-on-one (in-person or virtually) with a legal expert, and receive advice tailored to your business.

Tickets are free for members and $15 for non-members. You can also attend virtually. Secure your place today: https://bit.ly/3i72X0m

19/01/2022

Happy new year! Our team is back in the office following the holiday break and we’re feeling refreshed and ready to jump into the exciting plans we have for the year ahead! If you are a business owner, the start of a new year is the perfect opportunity to evaluate your business plan and ensure you’re checking those requirement boxes.

Our free online business healthcheck will identify legal risks in your business through our smart automation tool. Developed with the expertise of more than 70 legal experts and an algorithmic decision-making system, this is one of the quickest ways to see where your business might be open to potential legal risk.

To complete your business healthcheck, follow the link here: https://bit.ly/3AjsfR1

06/07/2021

Legal Tip Tuesday! Make way for the rise of “finfluencers” and “fintok” stars! Beyond the tips and tricks to getting whiter teeth and cleaner pores, social media influencers are now using their social platforms to promote financial products and services. If you’ve been approached by businesses to do this, the Financial Markets Authority NZ has released a guide to talking about money online.

You’ll want to be confident that your social content doesn’t cross into regulated financial advice otherwise you’ll need a licence to do that. Here’s a tip from the Financial Markets Authority NZ: You can talk about the financial product and it’s features, but you can’t recommend to your followers that they buy it. Check out the guide for more tips and examples here: https://bit.ly/3xqn3sw

30/06/2021

Partner and AdviSME lead Philip Monahan recently attended the Waikato Chamber of Commerce Business Award launch event. It was a fantastic evening with great company and brilliant to see
Foster Group Limited as the new primary sponsor for the Business Awards. Entries for the 2021 Business Awards are open until 16 July and we strongly encourage any Waikato based businesses thinking of entering to enter! The value that comes from the judging process is priceless and we love seeing our clients walk away with a golden trophy for their hard-earned work and success.

28/06/2021

Legal Tip Tuesday! Do you think you know the difference between an Employee and a Contractor? Here’s an easy tip, look at the contract in place. Is it an employment agreement (contract of services) or an independent contractor agreement (contract for services)? But unfortunately, it’s not always that simple.

The contract between the parties is only one factor to be considered when looking at whether a person is truly an Employee or Contractor. And what happens if there is no contract in place? Well… the Courts have developed a number of legal tests to determine the “true nature” or the relationship. Let’s take a look at the “Intention Test”.

As well as the written contract, the Courts will look at whether the person is being paid holiday and leave entitlements. If they are, then this is a good indication that the true nature of the relationship is that of an employee and employer. Though there are still many other factors to also be considered. If you’re not sure, our experts will be happy to discuss this with you. Get in touch here: https://bit.ly/2UNM9TL

21/06/2021

Legal Tip Tuesday! Interested in buying a business but not sure where to start? One misconception is that you have to sign a formal contract for the sale and purchase of the business straight away. You can, but it’s common to explore a business opportunity by simply entering into a confidentiality agreement (a.k.a Non-Disclosure Agreement (“NDA”).

This means that a vendor can provide you with sensitive information about the business knowing it won’t go public or be used to compete with them. As a purchaser, you can have a closer look at the business and negotiate the price. An NDA can be one-way (where only the vendor is giving the sensitive information) or mutual (where both parties are providing information). Have a look at our free resources to get you started, including a Business Purchase Guide and Non-Disclosure Agreement here: https://bit.ly/3zNOH3Z

14/06/2021

Fieldays is a popular event for many here in the Waikato that kicks off tomorrow, a four day event finishing up on 19 June. If you’re heading there, here’s a few helpful tips that you’ll need to know!

Transport: find out everything you need to know about getting to the event, driving and parking here: https://bit.ly/3pS2VfL

Read some tips about precautions you can take to help prevent the spread of Covid-19 at the event here: https://bit.ly/3vyhbvz

Still haven’t got your tickets? Grab them here: https://bit.ly/2Ttkp5Z

Have any more questions? You’ll likely be able to find them in the FAQ’s here: https://bit.ly/2RTBmGf

25/05/2021

Do you know about the new sick leave entitlements for New Zealand employees? From late July 2021 to late July 2022, employees will see their sick leave entitlements increase from 5 days to 10 days each entitlement year. These changes come as a result of the COVID-19 pandemic. The Government want to encourage people to have adequate sick leave and discourage people from “toughing it out” by coming into work and potentially getting others sick.

Read the finer details about the entitlements at the link below.

https://bit.ly/2SqA8Cv

24/05/2021

Its legal tip Tuesday! As we edge closer to winter the days are getting colder and shorter, and the wet weather is kicking in. Its about now the ‘winter blues’ can start to set in. Adding to this, is recent research out of AUT suggesting 11% of New Zealand workers might be experiencing burnout, that is physical or mental problems due to stress or overwork.

Our team have a few tips on how to look out for signs of burnout and reduce work stress. Click on the link below to read them.

https://bit.ly/3hR90r0

17/05/2021

The recent separation of Bill and Melinda Gates has brought to light a globally growing trend towards later-in-life divorce. Fortunately, the separation process in New Zealand is a lot more straightforward than it is in the USA, however it's important to know that seeking legal advice early in the separation process results in lower costs in the long run.

Our team discuss the separation process in our latest article below.

https://bit.ly/2Qqj6DO

10/05/2021

Legal Tip Tuesday! It’s Privacy Week this week, so it’s a great opportunity to make sure that your business is complying with its obligations under the Privacy Act 2020. Take our Privacy Healthcheck today to make sure that your business is meeting its privacy obligations https://bit.ly/3m3Y7Re

Does your business:
- operate in New Zealand and
- collect or hold personal information about identifiable individuals?

If so, your business needs to have a Privacy Officer. And it should also have a privacy policy available to customers. Luckily, we have a customisable privacy policy available for free here: http://bit.ly/2NVqAtT

If you want to know more about your privacy rights and responsibilities, the Privacy Commissioner has free online e-learning modules https://bit.ly/3o6eeAf

04/05/2021

Legal Tip Tuesday! As you may have heard, the bright-line test has been extended from 5 years to 10 years. It applies to all residential property, other than a main dwelling and if a property is sold within 10 years of owning it, any capital gain is taxable. This means that when parties separate, the bright-line test does not apply to the main family home, but it may apply to any investment properties or a holiday home.

Find out if the bright-line test affects you by reading our latest article at the link below.

https://bit.ly/3vyuZ9w

Address

Westpac House, Level 8, 430 Victoria Street
Hamilton
3204

Opening Hours

Monday	9am - 5:30pm
Tuesday	9am - 5:30pm
Wednesday	9am - 5:30pm
Thursday	9am - 5:30pm
Friday	9am - 5:30pm

Website

http://www.advisme.co.nz/

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