In this episode of Legally Literate, we explore the importance of conducting regular business legal health checks. As we approach the end of the financial year, it's crucial for business owners to take proactive steps to protect their business legally. Conducting regular legal health checks helps identify potential risks and ensures compliance with legal and regulatory requirements.
During the episode, we cover key areas that should be considered during a business legal health check, including commercial agreements, intellectual property, Australian Consumer Law, and employment obligations. We discuss the challenges of informal negotiations, the risks of intellectual property infringement, the importance of understanding consumer guarantees, and the need to comply with employment standards.
We highlight the benefits of conducting regular legal health checks and emphasize the importance of proactive legal risk management. A legal risk assessment is suggested as a valuable tool for identifying and managing potential legal issues.
The episode addresses common misconceptions and barriers to addressing legal aspects in business and stresses the value of an annual legal health check-up in prioritising legal compliance and understanding potential costs.
Tune in to Legally Literate for more episodes dedicated to providing business owners with valuable legal insights and practical tips to protect their businesses and thrive in today's competitive landscape. Don't forget to subscribe and leave a review to support the show's growth.
Register for our FREE webinar here: https://www.legalliteracyfoundation.com/business-health-check-webinar
In this episode of Legally Literate, we explore the importance of conducting regular business legal health checks. As we approach the end of the financial year, it's crucial for business owners to take proactive steps to protect their business legally. Conducting regular legal health checks helps identify potential risks and ensures compliance with legal and regulatory requirements.
During the episode, we cover key areas that should be considered during a business legal health check, including commercial agreements, intellectual property, Australian Consumer Law, and employment obligations. We discuss the challenges of informal negotiations, the risks of intellectual property infringement, the importance of understanding consumer guarantees, and the need to comply with employment standards.
We highlight the benefits of conducting regular legal health checks and emphasize the importance of proactive legal risk management. A legal risk assessment is suggested as a valuable tool for identifying and managing potential legal issues.
The episode addresses common misconceptions and barriers to addressing legal aspects in business and stresses the value of an annual legal health check-up in prioritising legal compliance and understanding potential costs.
Tune in to Legally Literate for more episodes dedicated to providing business owners with valuable legal insights and practical tips to protect their businesses and thrive in today's competitive landscape. Don't forget to subscribe and leave a review to support the show's growth.
Register for our FREE webinar here: https://www.legalliteracyfoundation.com/business-health-check-webinar