Terms of Trade Necessary to Avoid Loss of Profit.

By: Australian Small Business Centre Pty Ltd   03-Aug-2011
Keywords: Business Plan

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. 



Keywords: Business Plan

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