Terms of Trade Necessary to Avoid Loss of Profit.
Many new business owners try to short circuit essential documentation in their hurry to 'get into business' . An instance of this is where terms of trade are not addressed leading to loss of rights when debts need to be recovered. Some new business people copy the terms of trade from another business person not realising that they are not always relevant to their own business.
When relevant terms of trade are in place along with
supporting procedures, credit defaulters can be kept to a minimum. Make an
appointment now to check out your documentation including your terms of trade
and you will be all ready for changes in legislation due in October 2011. Talk to
us now on 1300 302 698.