Many business owners and operators focus only on the money making side of their enterprise and forget to think about compliance issues. In simplest terms, legal compliance involves knowing and obeying the law that applies to your particular business. A failure to comply with relevant statutory and regulatory requirements can lead to disaster (and in some circumstances, business failure). It is therefore important that you know and understand what you need to do to be legally compliant. Certain laws apply across all business types, including employment and fair work laws and regulations and occupational health and safety (OH&S) requirements.
In addition to the broader and more general legal requirements, some types of businesses require licenses or certificates to operate. Examples include liquor and gambling outlets, law firms and financial service providers. Imprisonment and/or severe pecuniary penalties can apply where a business is operating without the correct licenses or certificates.
Our Business Lawyers can advise you on all aspects of legal compliance, regardless of business structure, and can also advise you as to what licenses or certificates, if any, you require. We may even assist you in the legal process of gaining some of the licenses or certificates that you require to operate legally.
We have branch offices in Hurstville, Parramatta, Liverpool and Penrith. For a full list of our office locations, with complete addresses, click on our Locations tab above or contact our main office line on (02) 9233 4048.
Comments (0)
Add a Comment