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.
Have you ever thought about setting up a franchise? In today’s show we go through the important aspects of what goes into a franchise and compare it to a licence agreement.
In Show 031 – Franchising and Licensing originally broadcast on Facebook Live on Wednesday 8 November 2017 we explore this interesting topic.
Show Notes
All this month we are going to discuss Phase 7 of the Business Legal Lifecycle. Expansion, Franchising and Licensing are the decisions that you have to make as your business grows. Today, we want to focus on how to franchise your business and to license your intellectual property.
Franchising
currently operating. Do you have the time to do that? If you don’t both you current business and your franchise will suffer.
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.
Choosing the right franchisee is a critical decision. You don’t want to allow someone access to you business model who is going to foul up your brand. You have to make sure the person you are entering into an agreement with has a good reputation and a solid track record in business. We had a client recently who set up a franchise system in the coffee business. He brought in anyone that wanted to buy the franchise license. The problem was that he wasn’t training and selecting the right people. He eventually amassed something like 50 franchises. Unfortunately he was having massive problems with a number of the franchisees. We had to go through a long process of revamping his franchise process. Once that was done he stopped having all those problems.
Another important part of setting up a franchise is the manual. It’s the instructions for the franchisee about how the business should run. All the details of the business need to be included in the manual. Putting those down on paper is good for the business whether or not you plan on franchising the business. It’s not an easy task and you will need advice along the way. There are services that will write a manual for you but we recommend against that. You know how to run your business – they don’t.
Licensing
There are significant differences between a license agreement and a franchise agreement. A license agreement is much cheaper to setup. It essentially allows someone else to use your intellectual property. The problem is that you have very little control over the business once it’s licensed. You can’t dictate how they use the brand. It’s very tempting because of the lower cost upfront. But it can end up costing you much more 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 028 – When and How to Expand Your Business originally broadcast on Facebook Live on Wednesday 01 November 2017 we explore this interesting topic.
Show Notes
Today we start Phase 7: Expansion of the Business Legal Lifecycle. Expansion, franchising and licensing is the goal for many business start-ups. We all want to create a profitable and stable company. Once that’s achieved new problems begin to raise their heads. When should you begin to expand the company? What about franchising your business model? It’s those questions we want to address today.
How can I expand?
Everyone wants to expand into a new market or grow their business in some other way. The question is when to do it. We have come across many business owners who want to expand but at not in the right position to do so successfully. You need to have all the systems in place that are able to scale up. When we first expanded our business to two offices we didn’t have the right business software in place and it created a lot of headaches. You have to ask yourself where the bottlenecks are in your business. What is going to slow you down? What is your business plan for the future? Without answers to those questions you are going to run into problems.
Space
Expansion often means increasing your physical footprint. To that end you are going to need new office space. Getting that right can make or break your growth plans. Is the building you’re purchasing correctly zoned for your business? Do you have all of your financing in place? Do you have a plan if you can’t make your mortgage payments? Planning out all the possible scenarios will help you make your physical expansion work smoothly.
Employees
More work means more staff. Who they are and what that looks like is a question you need to put to your lawyers and mentors. Do you need a receptionist in both offices? Or is one enough? You also need to think about your employment policies. You need to ensure that you have a consistent policy in place before expansion about their rights and responsibilities. This becomes even more important if you are planning on franchising your business.
Mergers and Acquisitions
Both of these are the riskier methods of expanding your business. You need your lawyers involved from the start. A hand-shake agreement is not going to work. We have seen on a number of occasions where two friends merged their businesses only to realize that there visions are not compatible. All of those agreements need to be worked out well in advance so there are no surprises.
Equipment
You can expand your business by acquiring new assets to do more work. How are how are you buying that equipment? Most businesses are not going to be able to use cash. That means your lease or mortgage agreements need to maximize your cost-savings. The Personal Property Security Register is also useful to ensure that the equipment you are obtaining doesn’t belong to somebody else. Check out Show 014 to learn more.
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.
Patents and the other forms of Intellectual Property
To round out Phase 5 we go through Patents, registered designs, circuit designs and plant breeders rights..
In Show 018 – Patents and the other forms of Intellectual Property was originally broadcast on Facebook Live on Wednesday 27 September 2017 .
Show Notes
Phase 5 of the Business Legal Lifecycle is all about intellectual property. Today, we are going to wrap up our section on IP by going into some more detail about patents and the patent process. Patents are used to protect an idea that is innovative. There are two kinds of patents in Australia. The standard patent lasts for twenty years while an innovation patent lasts for eight years. One thing to keep in mind is that a patent precludes new innovations on a product. A good example is the 3D printer which was quickly patented many years ago. This stopped other companies from improving the product and that slowed innovation. Once the patents expired the 3D printer market took off. Some of the benefits of patents include stopping someone from manufacturing your product. It also encourages companies to improve on new and innovative products.
The Process
The first thing you need to do is to determine whether your product is patentable. That is not an easy process. You have to ensure that your product is actually unique. You have to check against an enormous register of other patents. That’s not a cheap or easy process. You don’t necessarily need to get a patent to protect your rights but it is another added layer of protection.
You need a patent lawyer to help guide you through the process. You will have to pay a fee to make the actual application. It’s very rare that a patent will be immediately approved. It has to go through an examination process by patent experts.
Registered designs
Registered Designs detail what it is that is actually being patented. The costs leading up to the registration process is going to be the most expensive. You are going to need the right consultants lined up to guide you through the process so you need to make sure you pick the right ones. To be certified it needs to be a new and distinctive design. When that happens you will have the exclusive design. It’s not a quick process. It can take at least 6-12 months. Circuit designs are different. They are protected by copyright instead of patents.
If you are going to take your business international you are going to have to consider how to protect your IP overseas. You can get it registered in more than 100 other countries within 30 months of getting you Australian patent. Make sure when you get advice on international patents you understand what your fees are going to be in Australian dollars.
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 112- Fast Fix Monday – What to look out for if you write your own will originally broadcast on Facebook Live on Monday 23 July 2018.
Show Notes
If you are a regular reader of the business pages you’re probably well familiar with the scourge of patent trolls. Their technique is deviously simple and incredibly profitable. The troll buys the patents of companies that have recently been liquidated and snaps them up at rock bottom prices. The troll then goes after anyone using those patents usually by filing lawsuits or demanding exorbitantly high licensing fees.
This problem is especially pronounced in the United States. Luckily our patent regime is a lot better. That said, there are still some laws that need to be changed in Australia. The most important would be changing the law to ensure that people that own a patent are actually using the patent. If they aren’t using it then they shouldn’t be able to charge others to use it. That simple change would prevent people from buying the patents en masse to extort money from other businesses.
In the United States, it’s very easy to get a patent. In Australia, that process is much more difficult. Recently a UK company bought the IP of an Asian technology company and then tried to enforce that patent with Telecom companies like Telstra. Luckily, because of our more stringent laws, they haven’t been successful in enforcing that patent.
If you are approached by a patent troll requesting money your first move should be to get some legal advice. Usually, your first contact with the troll will be in the form of a letter. The letter will say something like “we are the owners of this patent and you are using our IP without our consent.” You definitely should not pay them any money straight away. It’s like any other form of extortion. Once you pay them some money they will soon be back for more. Make sure you get the right advice from somebody that knows what they’re talking about. We are going to go much deeper into your protecting intellectual property rights on Wednesday’s show. Join us then!
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.
