Most business owners don’t think about hiring a lawyer until they’re in legal hot water. But establishing a relationship with a good lawyer is needed when you start your business to ensure that you’re complying with legal requirements. A lawyer is especially important when you’re negotiating any types of contracts or legal documents. This might […]
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An assistant, or virtual assistant (who works remotely), is someone you can delegate tasks to that you’re wasting your valuable time and energy on. An assistant, or virtual assistant, maybe one of the first roles you hire in your business. There are distinct benefits to hiring a remote worker. These include: Not needing to provide […]
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It’s important to understand the legal requirements for your industry. Each industry has its own legal requirements. However, there are several legal requirements which are standard no matter what industry your business is in. Shareholder Agreements A shareholders agreement is essential if there are multiple owners and stakeholders in a business. As soon as […]
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It’s important to have the right insurance to protect your business, your income, and your customers. There are a variety of different types of insurance that your business might need. Your insurance needs will vary depending on: Customers Employees Business assets Business owners Your earnings We break each down below so that they’re easy to […]
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It’s important to keep good records in your business. Good record keeping will help you: Make good business decisions. Keep track of the health of your business. Meet tax and superannuation requirements. Manage the money coming in and out of your business. Show potential investors and lenders your financial position. You must keep records related […]
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