In Show 043 – Importance of Debt Recovery originally broadcast on Facebook Live on Monday 18 December 2017 we explore this interesting topic.
Show Notes
Today we are going to talk about the best ways to engage with your clients and the risks of unfair contracts. One of the big contracts many companies have to get right is the application form. These are typically used when your business is providing credit. It includes your details and the details of the client. The agreement must be properly defined to be useful. You need to protect yourself from lack of payment and that’s where the application form is so important. It can be very tempting to keep your costs low by just copying another businesses application form. Taking the time to hire a lawyer that can craft a useful application form can save you a massive headache in the future.
Another important document that you have to get right is an engagement letter. This details the terms of service with a new client. You have to ensure that you are engaging with the client you are actually working for – not a separate legal entity. This is important because in the event of missed payments you will have an agreement that is legally binding. This agreement can include terms and conditions, credit applications and a clear understanding of when invoices have to be paid. Getting the terms and conditions right is critical when creating a contract. If those terms and conditions are not properly defined the contract can end up being useless. Business owners often don’t realize how important it is to get this right. If you don’t you may not be able to enforce the contract when you need to.
Unfair contract terms are another big mistake business owners often make. If you create a contract that a judge will later find to unfair can render that contract utterly useless. The case law has been shifting on this question recently. There are some examples on the ACCC website about what could be considered unfair. Contracts that automatically renew unless they are cancelled six months before are a good example of an unfair contract. JJ Richards recently fell afoul of exactly this kind of contract. The Ashley and Martin decision is another example of an unfair contract that was declared null and void by the courts. You can try and be clever with a sneaky provision in a contract but you risk having the entire thing thrown out by the court in the event of a lawsuit.
Personal guarantees are an important part of engaging with a client. They can detail guarantees about debt or supplies. It can be easy to lose track of all the guarantees you’ve made so you need to be comprehensive about them.
Privacy notices are increasingly common in documents like credit applications. How you are collecting and storing that information is really important. You need to keep getting advice on the latest requirements in privacy law. This part of the law is always changing and you need to be extremely cautious with your client’s personal information.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 042 – How to Engage with Your Clients originally broadcast on Facebook Live on Wednesday 13 December 2017 we explore this interesting topic.
Show Notes
Today we are going to talk about the best ways to engage with your clients and the risks of unfair contracts. One of the big contracts many companies have to get right is the application form. These are typically used when your business is providing credit. It includes your details and the details of the client. The agreement must be properly defined to be useful. You need to protect yourself from lack of payment and that’s where the application form is so important. It can be very tempting to keep your costs low by just copying another businesses application form. Taking the time to hire a lawyer that can craft a useful application form can save you a massive headache in the future.
Another important document that you have to get right is an engagement letter. This details the terms of service with a new client. You have to ensure that you are engaging with the client you are actually working for – not a separate legal entity. This is important because in the event of missed payments you will have an agreement that is legally binding. This agreement can include terms and conditions, credit applications and a clear understanding of when invoices have to be paid. Getting the terms and conditions right is critical when creating a contract. If those terms and conditions are not properly defined the contract can end up being useless. Business owners often don’t realize how important it is to get this right. If you don’t you may not be able to enforce the contract when you need to.
Unfair contract terms are another big mistake business owners often make. If you create a contract that a judge will later find to unfair can render that contract utterly useless. The case law has been shifting on this question recently. There are some examples on the ACCC website about what could be considered unfair. Contracts that automatically renew unless they are cancelled six months before are a good example of an unfair contract. JJ Richards recently fell afoul of exactly this kind of contract. The Ashley and Martin decision is another example of an unfair contract that was declared null and void by the courts. You can try and be clever with a sneaky provision in a contract but you risk having the entire thing thrown out by the court in the event of a lawsuit.
Personal guarantees are an important part of engaging with a client. They can detail guarantees about debt or supplies. It can be easy to lose track of all the guarantees you’ve made so you need to be comprehensive about them.
Privacy notices are increasingly common in documents like credit applications. How you are collecting and storing that information is really important. You need to keep getting advice on the latest requirements in privacy law. This part of the law is always changing and you need to be extremely cautious with your client’s personal information.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 041 – Top 5 Mistakes Business Owners Make Engaging with Clients originally broadcast on Facebook Live on Monday 11 December 2017 we explore this interesting topic.
Show Notes
On today’s edition of Fast Fix Monday we are going to reveal the top 5 mistakes business owners make when dealing with their clients.
Failing to ask the right questions
This might seem obvious but you would be surprised at how often important questions go unasked. You need to find out what the client actually wants rather than what you want to do.
Not being consistent
We are all in business to sell our products but you shouldn’t view every customer as a dollar sign. You have to have a consistent message that reveals who you are and what your company stands for.
Being too ready to reduce price
Once you set your price you should make sure that you remain confident in that price. Believe that the people you engage with value your product or service. Once you slash your price your negotiation room is eliminated.
Taking on the wrong client
When you take on the wrong client at the start of your business you tend to be stuck with them. If they are not paying or don’t value your service they are likely the wrong client. Focus on your ideal client instead.
Customer service
No matter what type of business you operate your customers are the people paying your bills. Show your clients that you care and that they are going to enjoy working with you.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 039- Finding Your Ideal Client originally broadcast on Facebook Live on Wednesday 6 November 2017 we explore this interesting topic.
Show Notes
Today on Fast Fix Monday we are going to discuss the top three tips for expanding your business. This month we are focussing on the best ways to grow your business in a way that is sustainable. Without the proper
Personal details
Pick a name for the ideal client. Then think about their age range and their income level. Do they have children? If so, what schools do those kids go to? What about their holiday habits? Do they like snow or surf? What are their beliefs? Their favourite books and TV shows? What is their favourite social media platform? All of these questions will help you to better understand how you can target people that fit this model. The average person will see between 4 and 10 thousand ads per day. If you don’t properly target your ideal clients you will get lost in the noise. You also need to think about what your ideal client does with their free time. Do they like sport? Fast cars? What clubs do they belong to? What are there politics? These and any other personal details you can work out before you launch your business will be hugely helpful.
Business details
Beyond your ideal clients personal details you also need to have a good think about their business. That doesn’t just mean what industry they work in. It also means developing a clear idea of their work habits. For example: What level of commitment does your client have to their business? This is important because there are a lot of people in business simply as a job. Others are passionately committed to their business. Depending on what kind of product or service you’re offering answering this question will help you to narrow in on your target audience.
A deeper dive
After constructing you ideal client avatar you need to better understand who this person is. Ask yourself what they are thinking and feeling when buying your product. What emotions are they experiencing? Get into their shoes and write down the answers to important questions. You don’t have to make the answers up by yourself. If you have clients now that you think are very much like your ideal client, go and talk to them. Ask them probing questions about their lives and how they are engaging with your business. Everyone has an internal voice. Once you understand your ideal client’s internal voice you can better market to them. Maybe the biggest question you need to answer is what you can do for you client. What problems can you solve for them? Figuring that out will allow you to create a product or service tailor-made for them.
Using the avatar
When you go through this process you are going to accomplish a lot more for your clients and in turn for your business. You are not selling to everyone in the world you are selling to your ideal clients. Determining you that is means you can tailor your marketing and product development for the right audience. Developing your ideal client avatar before you launch your business is going to save you a tremendous amount of money in the long run.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 038 – Who is Your Ideal Client originally broadcast on Facebook Live on Monday 4 December 2017 we explore this interesting topic.
Show Notes
Today on Fast Fix Monday it’s the first show for the month of December and that start of a new phase. All this month we are going to be discussing Phase 3: Initial Clients. The average person will see huge numbers of advertisements each day. That means it’s really tough to break through when first starting your business. You have to work out exactly the right kind of client you need. That’s important because you can then target the niche audience. You need to be specific about who your perfect client is so you don’t waste time and money.
Try and envision your ideal client. Think about their personal information and their business. Then you have to think about how you are going to reach out to them. What marketing are you going to use? People buy on emotion far more than on logic. We’ll be discussing how to do that on Wednesday’s episode.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 037 – Accountant Partnership Plus Program – What to look out for becoming a Franchisee originally broadcast on Facebook Live on Wednesday 29 November 2017 we explore this interesting topic.
Show Notes
Today we are taking a break from this month’s focus on Phase 7: Expansion. Instead we are going to talk a little about our Accountant Partnership Plus Program. That’s a program that gives our accounting partners some information about different areas of the law that will impact their work. A lot of the accountants have been asking about what they need to know about franchising.
The whole point of a franchise is selling your systems and branding for another person to operate. A franchise agreement will cover all the details about what you are providing to the franchiser. The franchiser owns the brand and the system but the franchisee gains the right to use those things.
In Australia there is something called the Franchise Code of Conduct. This legislation regulates things like what needs to be disclosed and the expectations of the ongoing relationship. The whole point of the code is to ensure that everyone acts in good faith. The franchiser has to give a disclosure statement before the signing of the agreement. It’s very tempting to fill out the disclosure agreement yourself. That’s very dangerous. Mistakes can lead to legal headaches in the future. If you haven’t provided the right information you could end up in years of litigation.
Among the things you are required to disclose include revealing all current and previous franchisees that have been in business with you. You also have to be clear about all payments that will be required of the franchisee. There are standard fees that are outlined in the Franchise Code of Conduct.
Another common element of a franchise agreement is the marketing fund. All franchise members can pay into the fund in order to purchase advertising and other marketing services. You also need to be clear about what is going to happen at the end of the franchise agreement. The final thing you need to disclose is all your financial information. You have to provide access to your books so that that the franchisee knows how much the business is making.
The advantages of buying a franchise is the fact that it is a heavily regulated form of business. There were many unscrupulous franchisors in the past and the government had to step in to protect franchisees. Secondly, when you buy a franchise you are buying an established system. A proven, successful system should be replicable for you. Finally, a good franchise will have a good brand protected by a trademark along with a successful marketing system.
There are of course disadvantages to buying a franchise. The first is the most obvious. Not every franchise is a good one. There are plenty of examples of franchisors who have not created a good system. They’re business model is unproven or their systems and manuals may not be in place. Talk with others that have bought the same franchise. The cost is another disadvantage to becoming a franchisee. The franchise costs can be extremely high, sometimes as much as $100 thousand. You need to look at the financials to make sure that you are buying a viable business. The final disadvantage is the fact that you have a real lack of control over the business. The marketing, branding and systems are largely out of your control.
There are plenty of mistakes that people make when buying a franchise. The first is not reading the documentation. The manuals, the agreements and all other documents have to be read completely before you sign on the dotted line. If you don’t understand something make sure you get good advice. Ask lots of questions. Another big problem we see is not making sure the franchise is profitable. We have seen one example where a franchisee didn’t look at the numbers close enough. All of their profits were going towards franchise fees. When you look at the numbers reduce your projections by 50% to find out of the business is still going to be profitable. That all comes down to due diligence. Ask other franchisees questions about the business. Does the franchisor live up to their promises? How hard is the business to run?
We don’t want to scare you off of buying a franchise. We just want you to avoid the common mistakes so you choose the right franchise. There are plenty of pitfalls so educate yourself so you don’t fall into one.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 036 – What to look out for when Buying a Business originally broadcast on Facebook Live on Monday 27 November 2017 we explore this interesting topic.
Show Notes
Today on Fast Fix Monday we are going to discuss the things you need to know before buying a business. There is plenty of tasks you need to complete before you make the right decisions. To help you along the way we have developed a checklist that we have cleverly titled The Business Checklist.
Click this link to find it: Checklist page
Pre-contract considerations
Well before you sign on the dotted line you need to have done your homework. You have to decide what legal entity you control is actually going to buy the business. A meeting with your lawyer and your accountant will ensure you make the right decision. You also have to think about the conditions you want to include in the contract. Chief among those are the details of the due diligence required.
Due Diligence Enquiries
A thorough and complete investigation of the company you are considering buying is an absolute must. All aspects of the company have to be looked at to make sure you are getting a good deal. Things you need to look at include the lease of the company location. The number of staff and their salaries. What equipment, patents or other intellectual property does the company own? Kicking the tires is not going to be enough. Dig deep to make sure you’re getting the most for your money
Budgeting
Obviously you need to have the money in place to purchase the new business but there are other things you have to consider. The timing of any deposits that have to be made are hugely important. As is the date when the purchase will be finalized. Taxes and other levies may have to be paid as well. There are going to be consulting fees too. You lawyer, accountant or any other adviser are going to be needed for a successful purchase.
Lease considerations
A new business may require a new location and that means dealing with real estate. If there is an existing lease you need to know all the details before you purchase the new company. All the terms are important. Those include the price, the length of the term and whether a bond is required.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 035 – Mergers and Acquisitions originally broadcast on Facebook Live on Wednesday 22 November 2017 we explore this interesting topic.
Show Notes
One of the most common ways to grow your business is through a merger or an acquisition. Today on the show we wanted to discuss some of the benefits and risks of taking that route. Mergers and acquisitions are terms that are used interchangeably but they are actually quite different. A merger occurs when two companies decide to combine their businesses into a new entity. An acquisition, on the other hand, takes place when one company buys another outright.
The advantage of using mergers and acquisitions is gaining a firm that has already been operating successfully. You can acquire the structure and market share of that company overnight. That said you need to get advice before heading down that road.
Structure
If you’re using your existing business to purchase another company all the risk gets combined. If one gets sued then the other is going to be affected. This can be a massive problem if you’re entering a high-risk sector. The best way to avoid this problem is to ensure that there is a separate legal entity for all your business assets. That way problems with one can’t infect the other.
Due Diligence
When you’re buying a business you are going to have an opportunity to investigate that company. If you don’t know what you’re buying you’re guaranteed to fail. There is no one definition for due diligence it’s a very broad term and deliberately so. You have to talk to your lawyer to make sure that your due diligence is correct. Also, you have to ensure that the due diligence part of the sale contract is up to snuff. Looking at the history of the business, the staff and potential liability issues are all critical parts of getting this right.
How it can go wrong
We had a client recently who purchased a cafe in Brisbane. They paid $50 thousand for the business. Only after the sale did they realize that the previous owners did not have a license to operate that business. The name of the business was not registered. The premises were not up to code and the landlord owned all the equipment inside. They had to pay another $20 thousand to get the business operational. Without doing a proper investigation things can go badly off the rails.
Intellectual Property
IP is really the value of the business you’re buying. What are you actually buying? Is there a registered trademark? Can it be registered? What about patents? These are all things that you need to have answers for before you purchase another business.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
What do you have to look into when considering international expansion? In this episode we interview Cynthia Dearin from Dearin & Associates about what to do and why you need advice.
In Show 033 – International Expansion originally broadcast on Facebook Live on Wednesday 15 November 2017 we explore this interesting topic.
Show Notes
As part of our larger discussion about how to effectively expand we wanted talk today about taking your business international. To that end we have invited an expert on how to go global. Cynthia Dearin has led a remarkable life working as an entrepreneur overseas. She is the CEO of the International Business Accelerator and has written the best-selling book Camels, Sheiks and Billionaires. She has worked in the Arab world for many years both as a diplomat and a management consultant.
Cynthia initially worked as a diplomat including a four year stint in Iraq during the worst fighting there between 2006 and 2010. She says that her time there developed the skills to solve problems under extreme stress. She returned home to her native Australia and worked with the Arab Chamber of Commerce. It was in that period that many foreign companies were trying to expand into the Middle East with little to no success. In 2012 she created Dearin and Associates to help change that. Her goal is to help small businesses to expand into new markets around the world.
Cynthia has always had a passion for business and international affairs. She was selling oranges by the roadside as a little girl and had always wanted to eventually found her own business. Cynthia travelled extensively with her parents as a child and learned several foreign languages over that time. After the whirlwind of working in a conflict zone for half a decade she decided to finally chase the dream of running her own company.
The International Business Accelerator was created with the belief that there is no better time for small businesses to expand overseas. International trade is at an all-time high. Middle-classes are cropping up in dozens of developing nations. Those people have expendable income which has created huge new markets to exploit. The things that your business is doing now are applicable in other countries. Her mission is to empower small business to expand overseas. Even the smallest company deserves the opportunity to succeed in other countries. The problem is that there is very little information about how to do that. You need help.
You have to have a strategy before you try and expand overseas. Cynthia offers an end to end program for companies to learn about international business. The first part of her program focusses on skills and knowledge. Is your company ready to do this? Have you chosen the right market? Have you addressed the cultural differences? These are questions the IBA helps you to answer. The IBA also focusses on accountability. New clients are partnered with more experienced peers to keep a subtle pressure on you and your company to keep working. It helps to foster competition. Community is also a big part of the IBA. Using Facebook and live events, the IBA helps members to exchange ideas and strategies amongst themselves.
Cynthia believes that most kinds of businesses can expand internationally. Whether you are a goods or services company, you have something that can succeed elsewhere. As long as your business is fairly well established and successful you can move overseas. Overseas expansion is not inexpensive. It’s going to cost money and you need to have a reasonable amount of cash flow to support that. That said, size isn’t that important. Cynthia works with business quite small with between 1 and 10 employees.
There are plenty of mistakes that can you will make along the way. Cynthia once had a client who wanted to expand overseas. He was adamant that he wanted to expand quickly but he ignored some fundamental steps. You have to have a good strategy in place before you start going overseas. If you do that you are going to ruin your reputation. You don’t want to use overseas expansion as an excuse to travel. Not all mistakes are fatal, but they can be fatal.
The IBA program is a 12 month, module based system. Cynthia comes from a consulting background where she did a lot of bespoke projects for companies. When it came to the IBA she realized she couldn’t do that because it was too expensive for smaller companies. Instead she created the IBA with a system that could be applicable to a large number of companies.
If you want to learn more about Cynthia or the IBA you can visit these links:
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
What to look out for when you expand your business, we go through the top 7 pitfalls common when businesses expand.
In Show 032- Problems Multiplied originally broadcast on Facebook Live on Monday 13 November 2017 we explore this interesting topic.
Show Notes
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
