Business Health Check

Identify the legal risks your business is facing and steps which can be taken to help your business be successful

At Coulter Legal, we understand that when operating your own business, there is commonly many competing priorities.  While dealing with day-to-day issues and the ongoing management of your business, it can be difficult to find time to consider the overall position of your business and whether you have the right structures, contracts and legal protections in place to protect you and your business and to set your business up for success in the future.

Our online Business Legal Health check allows us to undertake an overview of your business, to identify the legal risks your business is facing and steps which can be taken to help your business be successful.  Our Business Health Check includes a free one-hour follow up consultation with one of our Commercial lawyers.

Completion of the Business Legal Health Check will cover issues such as:

  • the terms and conditions and contracts entered into with your customers and suppliers;
  • a review of your intellectual property to ensure you have the appropriate registrations and protections in place;
  • the engagement of any employees or independent contractors in your business;
  • structuring of your business – do you have the required protections in place for now and the future;
  • succession planning for you and your business.

Following completion of our online check, we will arrange a free one-hour consultation with one of our experienced lawyers where we will identify the legal risks your business is facing.  We will provide our recommendations in relation to any legal risks identified, any steps which can be taken to set your business up for further success in the future and any additional protections to put into place to protect you and your business.

Complete the online form below to get started

Business Health Check

Business details

Your Name(Required)
Business Address(Required)

Business Structure

What entity operates your business?
Max. file size: 100 MB.
Has the agreement been reviewed in the last 3 years?

Your clients and suppliers

Do you use a client identification process?
Do your clients read, acknowledge, or sign anything with your business before you do business with them?
Max. file size: 100 MB.
Do you have signed contracts with suppliers?
If yes, do these contracts include you providing any guarantees?

Your personnel

Do you employ anyone in your business?
If yes, do you issue them with a contract?
If yes, have your contracts been reviewed in the last 3 years?
Do you use independent contractors?
If yes, do you engage those independent contractors using written contracts?
If yes, have your contracts been reviewed in the last 3 years?
Is your business involved in or affected by any of the following regulations?
Do you have any workplace policies in place?
If yes, have your policies been reviewed in the last 3 years?

Your business premises

Do you rent your business premises?
If yes, has your lease been reviewed in the last 3 years?
Do you know what period is left on the lease to run?
Do you know the dates within which you can exercise your option under the lease?
Do you know what your make good obligations are?
Are there personal guarantees on the lease?

Your competitors and the marketplace

Is brand identification a key element of business success?
Have you taken steps to secure your brand?
Have you conducted an Intellectual Property audit in the last 12 months?
Do you operate under any licensing arrangements?
In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor. Has anyone granted your business these sorts of rights?
If yes, has the license agreement been reviewed in the last 3 years?
Do you grant any licensing rights?
If yes, is there a written contract in place for the licensing rights?
If yes, has the license agreement been reviewed in the last 3 years?

Your debtors

Do you provide any goods or services on credit?
If yes, do you obtain any form of security from your clients?
Have you had trouble recovering your debts?
If yes, have you had to write off a bad debt in the last 3 years?

Planning for the future

Have you entered into any significant contracts in the last 3 years?
If yes, are you aware of the triggers for termination or the dispute resolution procedures in those contracts?
Is your business dependent upon one or a few major clients or contractors?
Does each business owner have a Will/ Enduring Guardianship/ Power of Attorney/ BDBN?
If yes, have they been reviewed in the last 3 years?
Do you know what will happen in the event of the death of an owner?
Do you have a Corporate Power of Attorney?
Do you have insurance policies in place for key persons?
If yes, do you know who the subsequent principal/appointer of your trust is?
Do you want to retire or exit in the next 5 years?
If yes, have you identified how this can occur?
Have you identified any impediments to your exit?
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