Fiona McLay

Firm/Organization: Rankin Business Lawyers
Blogs: Better Business Breakup Blog

Latest Articles

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It is a common scenario. Workmates see a gap in the market.  Maybe their employer isn’t agile enough to take advantage of it or maybe they want to run their own show.  For one reason or another they start up a company together to exploit the opportunity. We all know someone who has done it, or perhaps you have done it yourself. The story of Mark, Anthony and David shows how a successful business idea…
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When you start a business together, full of the bright promise of a shiny profitable future, it seems wrong to plan for the end of the business.  But the reality is that, no matter how great your idea is and how well you get on now, things can and do change. When business owners can no longer work together, unless one can afford to buy the others out, the business has to close down.  Inevitably…
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Recently I spoke at #LegalTechSummit in Sydney on cost-effective technology solutions for law firms. If you feel like you are in a never ending stream of new technology solutions for legal services, you are right. Thomson Reuters reported there has been a 484 percent increase in the number of patents filed covering new legal services technology globally in the last five years. I shared some of the ways that Harris Freidman has been able to…
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So you get home with Uber, booked your last holiday on Airbnb and are delighted with the barely used bike you picked up for a song on eBay. Having got comfortable using peer to peer marketplaces in your personal life, why not source professional services for your business using sites like using airtasker.com or freelancer.com? “Disruptive” businesses Some of these new marketplaces are successfully offering what people want, whether that is a better deal, more…
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Last month the shower started leaking. Plumbers are expensive, I thought to myself, and I can’t wait around, I’ll just fix it myself. I watched a video on YouTube. Called my dad, who isn’t a plumber but who uses a shower and has many tools. At lunchtime I popped into the hardware and bought an impressive washer turning thingummyjig.  You know where this is going.  After much grunting, slipping, swearing but no stopping of the leak…
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Do you have a client who only calls to whinge about how their business partner just doesn’t get it? Have you seen good employees leave and good opportunities lost because the business owners can’t agree and end up doing too little too late. Do you sometimes wish you could just knock their heads together? As the accountant, you are often the first person that business owners turn to when things aren’t going well in the…