Many successful business owners have never had a formal review of the legal foundations of their business.
You’ve grown your client base, employed people, invested in equipment and property, built relationships and created something of real value. But when you’re busy running the business, servicing customers and managing staff, reviewing your legal documents doesn’t always make it to the top of the list.
Consider what may have changed over the years. Your business may have changed significantly since you first started.
Does your legal documentation still reflect the business you have today?
Perhaps you have:
• Taken on a business partner
• Changed your business structure
• Purchased property
• Taken on employees
• Started working with larger clients
• Entered into significant supplier agreements
• Expanded into new locations
• Borrowed money or given personal guarantees
• Changed the way the business operates
• Started thinking about retirement or succession
Yet your legal documents may still be based on how your business looked when you first opened the doors, which can create unnecessary risk.
A business legal health check can help identify whether your current arrangements are still appropriate and where there may be gaps.
We can review areas such as:
• Business structure and ownership
• Shareholders or partnership agreements
• Commercial leases
• Supplier agreements
• Personal guarantees
• Business succession arrangements
• Wills and estate planning
Your business has evolved. Has your legal protection evolved with it?
A proactive legal review can help you identify any issues before they become problems.
Contact the team at Harris Lieberman Solicitors to assist with your legal matters today. 02 6051 5100 or visit us at 87 Hume Street Wodonga.