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How will the new mandatory data breach notification laws impact your business?
Every business owner has a responsibility to stay on top of – and comply with – changes to the law in their business operations. The Australian authorities don’t respond well to pleadings of ignorance, especially when it comes to businesses. So, are you aware of the latest changes to data breach notification laws? Do you know… Continue reading How will the new mandatory data breach notification laws impact your business?
How to avoid unenforceable contracts
No business operates in complete isolation. Agreements must be made between your business and its customers, as well as with other businesses such as suppliers and distributors. So how do businesses enforce their agreements? The answer is through the formation of legally binding contracts. Unfortunately, many businesses get caught out with unenforceable contracts and, in turn,… Continue reading How to avoid unenforceable contracts
How your SMEs can safely execute competitions
Do you want to achieve rapid exposure and growth for your business at a relatively low cost? If so, look no further than competitions! A well-executed competition is a great way to create buzz and position your business to achieve success. But wait! Before you undertake this strategy, you must be aware of the law… Continue reading How your SMEs can safely execute competitions
Identify theft costs businesses $221b per year… what can you do to protect your operation?
Identity theft is a well-known threat and not just for individuals – businesses, both big and small, are also at risk. In fact, the Aberdeen Group has found that it costs the global business community roughly US$221 billion annually. For criminals, targeting unsuspecting businesses for identity theft is an attractive undertaking because its highly lucrative and, by comparison, the risks are minimal. … Continue reading Identify theft costs businesses $221b per year… what can you do to protect your operation?
Which legal structure best suits my business?
Choosing a business structure is, well, tricky business. If you are thinking of starting a business, you should first weigh up the pros and cons of each business structure to figure out which one best suits your needs. This is an important step that shouldn’t be overlooked because it affects many aspects of your business… Continue reading Which legal structure best suits my business?