Throughout the life of your business, things change. You change; your assets change; your business changes; the law will definitely change. We are here to help you navigate those changes.

At Digital Age Lawyers we work across a comprehensive range of businesses and industries,  applying our 20+ years of commercial law experience to the issues that arise for you.  

We commence our working relationship with you by developing a Legal Business Strategy.  Whether you are a start-up business or a business that feels the need for a review, a Legal Business Strategy Session will give you a business owner’s guide to the law.   Your obligations and requirements will become clear as we develop a action plan for you to protect your assets, manage risk, achieve governance and compliance. 

Legal Strategy Session Framework

A legal strategy session sets our your forward work program and ties it to your cashflow.  This means you do not have to outlay all of the cost in one lump sum, we prioritise the work.  Let’s discuss some of the items we will review.

Registrations/Licenses

Permits and licenses vary from state to state and territory to territory. A good first place to start is by ensuring that you have the correct licences and registrations in place for your business.  This will depend on the kind of service or product you plan to sell. For example, if you are going to start a business that deals with food consumption then you would need a food business license. There might be other permits required as well, so ensure that you do thorough research.

Business Structure

The type of business entity you select for your business is mainly based upon three factors. These factors are the taxation, liability, and record-keeping.  There are 3 main types of business entities each of which have key advantages and disadvantages.  We can help you decide if you want to be a Sole Proprietor, a Partnership, or a Corporation. 

 Once we make this decision if you are a new business we can go on and tackle the necessary ASIC requirements. If you an existing business, it may be time for you to take on a new structure

Tax Registrations

There are several tax requirements in this country: GST, PAYG, Payroll Tax, Fringe Benefits Tax, Fuel Tax Credits, daland miscellaneous taxes such as WET.  Do not be alarmed you will leave this session knowing what you need to do to be tax compliant. 

Contracts and Agreements

These documents are better in writing however a verbal contract is enforceable at law.  We also attempt to avoid Standard Form Contracts as we cannot vary much of the information within them to limit your liability.

There is a long list of contracts/agreements that relate to businesses irrespective of their size:

• Partnership Agreements
• Joint Venture Agreements
• Franchise Agreements
• Supplier Agreements
• Website Terms & Conditions, that include a Privacy Policy
• Terms & Conditions of Supply
• Guarantees
• Licence Agreements
• Employment Contracts
• Subcontractor Agreement
• Estate Planning.

Debt Recovery

We know that you want to put your resources towards servicing your clients not resources being applied to chasing money.  We put in place processes with terms and conditions around payments.

Intellectual Property

In the Legal Strategy Session, we cover off Trademarks, Patents and Copyright.

Consumer Law

We will familiarise you with the most important aspects of consumer law in order that you can provide accurate information to your customers, particularly during marketing and advertising.

Digital and Social Media Law

If you are an online business, you need to ensure that you have a very robust agreement with your website developer that ensures you own the assets on your site.  

In addition, you need to protect yourself with customers and follow all privacy and data protection principles. Add to that you need to comply with digital and social media law eg spam, third party tools, emojis, alongwith ASIC regulations.

Other issues

If you are experiencing issues in your business, we will also discuss those matters

Way Forward 

If you require further information please give us a call on (02) 8858 3211 or go to the contact page of our website after reading this blog.