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News | Thursday 03 September 2009
Business Health Check
How “healthy” is your business? Is it lean and efficient? .. or overweight and sluggish?
What have lawyers got to do with it anyway ?
Think of the law as the “skeleton” which gives business support and shape . Learn to make a profit by getting these things right:
• business terms of trade with suppliers and customers;
• the legal structure - company, partnership or trust?
• Choice of trustee?
• management by directors or professional managers?
How can you comply cost-effectively with the Trade Practices Act, the Fair Trading Act, the Sale of Goods Act, the Corporations Act, workplace relations laws, taxation laws and the myriad specialist statutes, rules and regulations that may apply in your business ?
Important? ... well what about the unexpected?
Say you or one of your business partners becomes unable or unwilling to continue in that role or becomes sick - who will fill their shoes? What will this mean for the business?
Should you lease or purchase equipment and what are the implications for cash flow, legal rights and obligations and your tax position?
Have you protected your important client details, your confidential information or other “intangibles ” like patents, trademarks and exclusive trading rights? Have you made a will contemplating the death of you or another key person in your business?
Come to the Legal Information Desk for a free diagnosis and prescription to improve the health of your business.
Related Havilah Legal service(s): Property Law, Wills and Deceased Estates, Commercial Litigation, Building & Construction Law, Criminal Law, Debt Recovery, Personal Injury, Family Law, Restraining Orders
