Legal Strategy session - benefits to business owners
with Katherine Hawes Principal Solicitor Digital Age Lawyers
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 an action plan for you to protect your assets , manage risk , achieve governance and compliance . Legal Strategy Session Framework A legal strategy session sets out 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 recordkeeping . There are three 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 , and 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 . Plus you need to comply with digital and social media law eg spam , third party tools , emojis , along with ASIC regulations . Other issues If you are experiencing issues in your business , we will also discuss those matters The way forward If you require further information , please give us a call on 8858 3211 or go to the contact page of our website after reading this article .
Just hang up the phone
SCAMS INCREASE BY 104 PER CENT : ACCC
SERVICES INCLUDE Commercial Law Digital & Social Media Law Asset & Property Management Estate Planning • Family Law Litigation Specialist • Solicitor Advocate
We empower you to deal with future legal issues , so you are protected into the 22nd Century .
SPECIAL
Legal Strategy Session $ 275 + GST
Sydney | Greater Western Sydney | Blue Mountains CALL TODAY
02 8858 3211 e : info @ digitalagelawyers . com s : digital . lawyers
www . digitalagelawyers . com
So far this year , scammers have cost Aussie consumers $ 66.8 million in financial losses – mainly through dodgy phone calls .
This is an increase of 104 per cent according to Crime Stoppers , which also says nuisance and unwanted phone calls are received by 90 per cent of us at least once a week and a further 10 per cent receive more than 10 a week .
Between January and October , the Australian Competition and Consumer Commission ’ s ( ACCC ) Scamwatch received 120,279 reports of illegal activity .
Because scamming has become so rife , Crime Stoppers has launched a campaign to minimise your risk of becoming a victim with a simple message – Just Hang Up .
CEO , NSW Crime Stoppers , Peter Price AM said a legitimate institution will not ask probing or personal questions on an unsolicited call .
“ The questions may seem harmless , but they build a picture of you , where your finances are , your financial situation and other personal details that allow them to impersonate you and extract money ,” he said . “ Hanging up may be the difference between being scammed or not .” Tricks scammers are using include : Caller ID spoofing to disguise their identity . Scammers calling from overseas can display an Australian phone number , including mobile numbers , to increase the chances of you answering them ;
Some people are receiving calls from “ their own ” phone number ;
If your phone has been stolen your legitimate number can be used in phone scams by criminals ;
Blocking individual phone numbers is one solution but it only stops calls from that specific number ;
If there is a distinct delay when you pick up the phone and the person does not announce who they are before starting the conversation , just hang up .
If asked for your personal information , like credit card , payment details or even access to your computer , just hang up .
For more facts or advice on how to handle scammers , check out nsw . crimestoppers . com . au or scamwatch . gov . au .
20 ISSUE 08 // NOVEMBER 2021 theindependentmagazine . com . au BLACKTOWN CITY INDEPENDENT