Build a business that makes you proud

PRACTICAL IDEAS TO LEARN, TRY AND DO

Make sure you have a ‘get out of jail’ free card

I recently attended a session run by a lawyer who specialises in employment and workplace relations. She was talking about the importance of seeking legal advice when it comes to your employment practices and in particular when putting together employment contracts.

I was blown away by the number of tips and traps that were highlighted and it made me realise that anyone running a business that employs staff should be made aware of. She also mentioned how busy she is at the moment dealing with the litigation associated with businesses not having legally enforceable employment contracts in place. That’s scary!

What did I learn from this experience?

Regardless of the size of your business, if you employ staff, the cost to ensure you have legally binding and enforceable employment contracts in place, that protects all parties, is a small price to pay.

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