July 2023

Australian Contract Law: What you need to know (2023)

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What you should know about Australian Contract LawIn this article, we provide an overview of the key aspects of Australian Contract Law, broadly covering topics ranging from contract formation to termination, remedies for breach, unfair contract terms, electronic contracts, consumer protection laws, and the role of case law and precedents. All businesses and individuals within Australia [โ€ฆ]

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A Practical Guide to your Building Contract (November 2023)

Image of business people shaking hands over a construction contract and a crane. Caption reads, "Practical Guide to Your Building Contract". Blaze Business & Legal logo.

Whether youโ€™re an experienced business owner, a new Project Manager or a Contract Manager in the Construction Industry in Australia, you need to understand your building contract to ensure you successfully manage your project and contract. This article provides practical insights into how building contracts work so you can apply them to your construction projects

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Understand the Construct Only Contract in Australia (2023)

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How to Understand the Construct Only Contract The term โ€œconstruct only contractโ€ is widely used within the Australian construction and building industries. It refers to a traditional form of procurement where a contractor enters into an agreement for the construction of a project, the design of which has been undertaken by a third party. This

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Drafting a Strategic Improvement Plan for your Business (2023)

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Key Takeaways What is a Strategic Improvement Plan? A Strategic Improvement Plan is a systematic approach to identifying areas of your business that need enhancement and outlining the steps necessary to make those improvements. It is a subset of your overall strategic plan and focuses specifically on improving operations, processes, and strategies to align better

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How to work better with a Management Consultant (2023)

Tip Description Clearly define objectives and expectations Clearly communicate your business objectives and expectations to the management consultant. Provide them with a thorough understanding of what you aim to achieve through their expertise and guidance. Establish open and transparent communication Foster a culture of open and transparent communication with the management consultant. Encourage them to

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How to Monitor Business Expenses to Reduce Spending (2023)

Top tips on how to monitor business expenses 1. Track Every Expense Ensure you record every single expense, no matter how small. This will provide a clear picture of where your money is going. 2. Categorise Your Expenses Group your expenses into categories such as utilities, rent, supplies, etc. This will help you identify which

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Adapting to and Understanding Market Trends: A Practical Guide for Australian Businesses in 2023

Key Takeaway Learn how to understand and adapt to market trends to keep your construction business competitive. Check out our Guide on Why does my Business Lose Money? Key Issues Rapidly Changing Market Trends In todayโ€™s fast-paced world, market trends can change rapidly, making it challenging for businesses to keep up. Increased Competition As new

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Surviving Market Saturation: Practical Strategies for Australian Businesses in 2024

Key Takeaway Discover how to differentiate your business in a crowded market. Key Issues Intense Competition In a saturated market, youโ€™re competing with many other businesses for the same customers. Limited Growth Opportunities With so many players in the market, finding opportunities for growth can be challenging. Price Wars In a saturated market, businesses often

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AS 4000-1997: A Guide for Contractors in the Australian Construction Industry

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Introduction This guide aims to provide Contractors with insights into the AS 4000-1997 General Conditions of Contract, which is widely used in the Australian construction industry. Understanding the key provisions, objectives, and risks associated with this standard contract is essential for Contractors to effectively manage construction projects and mitigate potential risks. Key Takeaways Familiarising yourself

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What is Business Advisory in Australia (2023)?

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What is Business Advisory? Business Advisory is a professional service that helps businesses make better decisions and improve performance. These services are important because the world of business is always changing. New technologies, market trends, and regulations can make it hard for businesses to keep up. Businesses may need help starting out, consolidating, restructuring, growing,

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