A Frank45 is a Free Legal Health Check for your business.

Frank45 - a free legal health check for your business.

The Frank45 is a complimentary 45-minute business health check. We’ll analyse the legal resilience and compliance of your business and provide you with a frank and candid written report about:

• the suitability of your current business structure
• the relationships within your business, and any risks we see
• how transactions may be better formalised.

During the discussion will consider:

• Business relationships. It can be very costly if you don’t identify the rights and obligations of
  • Partners
  • Directors
  • Shareholders
  • Employees
  • Suppliers
  • Customers
  • Any trust structure.
• Risk management. Risks that are not identified or properly managed can destroy a business.
  • Managing cash flow
  • Protecting business assets, including Intellectual property
  • Maintaining staff confidentiality and loyalty
  • Maintaining staff morale and keeping them safe
  • Protecting goodwill
  • Transferring risk with insurance
  • Protecting personal assets;
  • Storing important documents.
• Business Plans - because “a failure to plan is a plan to fail”-
  • Five year plan
  • Short term plan
  • Budget
  • Cash flow
  • Succession plan.

If you have further questions, please contact us at frank@franklaw.com.au

This is not legal advice.