Boutique Law Firm Sydney

Commercial Lawyer Sydney

contracts

Top 4 Reasons Why Your Business Needs a Privacy Policy - At Any Size!

Top 4 Reasons Why Your Business Needs a Privacy Policy - At Any Size!

Most organisations capture personal information about their customers as part of their everyday operations. But do they all need a privacy policy? The short answer is that only some businesses are legally required to have a privacy policy, but many others choose to have one anyway because there are many potential benefits in having one – including more sales!

Are Your Residential Care Contracts Putting Your Facility at Risk? The Essential Questions To Ask

Are Your Residential Care Contracts Putting Your Facility at Risk? The Essential Questions To Ask

The beginning of a new year is a useful time to step back and decide what should be done differently to achieve better outcomes in your aged care facility. As aged care lawyers, we see a lot of risk and liability issues arising from the same root cause – unsatisfactory residential care contracts, housed within an unsatisfactory contracts management system. If you own or manage a facility, you already know that residential care contracts should be regularly reviewed and updated to reflect changes in law, changes in the facility, and as part of a continuous improvement strategy – but, it can be hard to know where to start. To us, your review should always begin by finding the answer to these essential questions.   

Bad Cash Flow Kills Businesses: Top Tips To Improve Your Business Cash Flow

Bad Cash Flow Kills Businesses: Top Tips To Improve Your Business Cash Flow

It is no exaggeration to say that poor cash flow kills businesses every day.  Businesses that go on to survive and thrive have a number of strategies in place to ensure that they are increasing sales and collecting payments on time. One of the best strategies is having a great standard contract in place that makes it easier to collect payments on time and imposes consequences on bad debtors.

Read on to learn more about contract terms that smart businesses use to protect their cash flow:

What is a Terms of Trade and Do I Need One?

What is a Terms of Trade and Do I Need One?

A ‘terms of trade’ is a legal document setting out the terms on which the business will provide goods or services.  Having a well written terms of trade is one of the most important investments you will ever make in your business. It can benefit your business in many ways, including by helping your business: get paid more money; get paid on time; reduce the risk of getting sued; and develop stronger and better relationships with customers.

Read on to find out more about what terms of trade are and why your business needs one.