Frank Law Blog

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

Written by Andrew Graham | 13/07/16 12:43 AM

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.