Business and Corporate Advice
At AUM Lawyers we understand the needs of business. We have a wealth of experience and provide useful and practical services to our clients.
We can assist you in buying or selling a business, or leasing premises, as a landlord, or tenant.
We also give advice and assistance in relation to Joint Venture, Partnership and Franchise Agreements.
Personal and Corporate Insolvency
Having a debt, or being unable to manage your debts can be caused by various reasons, some of which may be beyond your control. Sudden unemployment, ill health and breakdowns in family relationships are often events that can trigger financial hardship.
It is important to recognise financial difficulty early so that you can address the situation before it becomes unmanageable. Recognising you need help can be the first and most crucial step to avoiding resort to options that you would otherwise prefer to avoid.
We can assist you in dealing with debt including advising you of your rights and responsibilities, arranging informal and formal agreements, voluntary bankruptcy and dealing with debtors and creditors.
The business environment is complex and increasingly volatile. When a business is in trouble, an experienced team who understands the issues and obligations of creditors and debtors is critical in achieving the best possible outcome.
Our experienced practitioners can help you and your business by providing expert advice to achieve results with certainty and speed, whilst at the same time, working to reduce the loss on other aspects of your business.
One of the biggest challenges for any business is ensuring that there is sufficient cash flow to manage the requirements of the business. By ensuring adequate Credit Management procedures are in place to ensure that you are controlling and collecting payments from your customers or clients. A good credit management system will help you reduce the amount of capital tied up with debtors and minimise your exposure to bad debts.
We can help you with drafting terms and conditions on all quotes, estimates, contracts, agreements, purchase orders, and related documentation.
Some terms and conditions that are important to consider:
- penalties for late payment
- ‘retention of title’ clause where you retain title to the goods, or a ‘lien’ clause where you retain a clients file or documents, until payment is made
- your policy on returns and refunds
- your policy on refund of deposits
- incentives for early payment
- whether a fee is charged for payment by credit card
Areas of Practice
- Contracts and Terms of Engagement
- Sale or Purchase of assets, businesses, companies or trusts
- Personal and Corporate Insolvency
- Asset Protection and Restructuring
- Franchise Disputes
- Bank or Consumer disputes
- Trade Practices issues