Read in light of my own experiences founding a a law firm dedicated to support startups and entrepreneurs, the Startup Muster's 2017 Annual Report reveals the undeniable reality: there IS a startup ecosystem in Australia, and it is an ecosystem that is diverse, growing in size, and in dire need of legal skills and assistance.
Whether your business is a thriving fashion label or innovative software providing a service to consumers, falling foul of the Australian Consumer Law (ACL) because of a misleading or deceptive refunds policy or refunds clause, found in your customer terms and conditions, can have costly repercussions.
Most FitPros that I meet generally go about their daily work without thinking too much about the legal aspects of their business. With only 24 hours in a day, and about 10-12 actual working hours, FitPros focus their time and energy on clients, marketing and working rather than reviewing the management and operations of their business.
Having started a number of businesses (some wins, some losses), our founder Demetrio Zema was recently interviewed by the Huffington Post to discuss the difference between business success and failure. With only 1 in 20 Australian start-ups becoming a success, having the right legal advisor and support is integral...