Business Legal Life Cycle Test by Martin Mills | Jul 20, 2017 | Uncategorized [vc_row][vc_column] Business Legal Lifecycle Score Card Step 1 of 11 9% This test is for existing business owners.*YesNoHow long have you been in business ?* Years Months Are you thinking of selling in the next 2 years ?*YesNo Do you have a team of consultants & advisers who advise you ?*YesNoHave you set goals for your business ?*YesNoHave you chosen a name for your business ?*YesNo What structure do you operate your business through ?*I haven’t set one up yetSole OperatorPartnershipCompanyTrustDo you rent premises for your business to operate ?*YesNoIf yes do you have a lease ?*YesNoAre you operating your business through a franchise granted by another business?*YesNoDo you have business insurance in place ?*YesNo Does a separate entity hold your intellectual property ?*YesNoHave you registered your business trademark?*YesNoDo you have “how to guides” or manuals for working in your business?*YesNo Will your business have one client / government body or multiple clients ?*OneMultipleDo you enter into an agreement with your clients before engaging your services or buying products from you?*YesNoIf you sell products for cash then answer yes to this questionDo you have a standard tax invoice that you use in your business?*YesNoDo you have a documented debt collection process ?*YesNo Have you set up a business succession plans ?*YesNoDo you have a will ?*YesNoDo you have any personal insurances in place ?*YesNoDo you have a power of attorney ?*YesNoDo you have any investment properties ?*YesNo Do you have employees or contractors ?*No StaffI don’t intend to bring on employeesEmployeesContractorsHow many employees / contractors do you have working for you not including business owners ?*01-56-1011-5051-100100+Do you have proper contracts for your staff ?*YesNoDo you have workplace policies for your staff ?*YesNo Are you and your employees working at peak capacity ?*YesNoDo you have any investors in your business ?*YesNoIf no do you intend to bring investors ?*YesNo Do you intend to expand in the future ?*YesNoDo you intend to set up a franchise model for your business?*YesNoDo you intend to licence your intellectual property to a third party business ?*YesNoDo you intend to buy an existing business ?*YesNoHave you already done any of the above ?*YesNo Business Name*What Industry?*AccountingBuilding IndustryITFinancial ServicesAutomotiveEducationEntertainmentLawFood & BeveragesHair & BeautyManufacturingTravelTradeOtherAnnual Turnover ?*<100k101k - 500k501k - 1million1million - 5 million5 million plusYour Name* First Last Your Email Address* Where do you think that you are in the Business Legal Lifecycle ?*Select PhaseI have no ideaConceptionStartupInitial ClientsBringing On EmployeesProtecting Intellectual PropertyMaximising Your Business / Bringing in InvestorsExpansion / Franchising / Licensing or Buying an Existing BusinessEstate PlanningInvesting in Propertyif you are unsure select I have no ideaYour Postal Code* Final SubmitThis is last Chance to navigate back. Once you submited you can not navigate back.