Check out the Baking Business Legal Advice Guide from the team at Sprintlaw and have your business performing with confidence for the rest of 2023. Read the full Small Business Survival guide here.
Get the right legal documents for your business
The number one piece of baking business legal advice from the team at Sprintlaw is looking at your documents. Contracts are one of the most important factors when it comes to any business. Ensuring your contracts are working in your best interests is vital. Expert contract lawyers can help identify clauses that may put you at a disadvantage and assist in drafting tailored agreements for your business needs.
What legal documents your baking business needs
The legal agreements you need will depend on the uniqueness of your baking business as well as the protection it requires. Consider getting Employment Agreements, a Service Agreement, Website Terms and Conditions or a Founders Agreement – the list can go on! If you want your baking business to come out strong in 2023, you need to ensure your legal documents act as both a proactive protective measure and a safety blanket for your small business.
Unfair contract terms – baking business legal advice
New changes to unfair contract terms (UCT) will take effect from 9 November 2023 and will introduce significant penalties if these laws are violated. To ensure compliance with the new laws and to avoid heavy penalties, small businesses should consult legal experts to review and update their ‘standard form’ contracts before this date.
Meet your employer obligations
As an employer, keeping up with your obligations towards your employees is a crucial part of baking business legal advice. In the era of remote and hybrid work arrangements, you still need to prioritise workplace health and safety as well as provide resources to support your employees’ mental well-being.
Award compliance – baking
Stay updated on the relevant award standards and minimum requirements for your employees. Complying with Fair Work Australia’s regulations is essential to avoid potential disputes and maintain a fair working environment. Remember, all NBIA members have free unlimited phone and email human resources and industrial relations support. Call the NBIA membership hotline on 1300 557 022 or email membership@nbia.org.au to contact the NBIA IR and HR Consultant.
Data and privacy obligations
Protecting customer information is paramount. Any business that collects personal information from customers or clients has several duties regarding the collection of that data. For example, getting a Privacy Policy drafted can help your business meet its regulatory compliance requirements. In addition to this, it’s important to implement security measures to safeguard sensitive information.
Financing your business
Financial planning is a necessary part of any business. Whether you’re raising bread or selling doughnuts, ensure all your business’s financial agreements are well-documented and reviewed periodically to accommodate any changes within your business.
The ultimate baking business legal advice solution
Baking businesses can both survive and thrive with the right kind of baking business legal advice, planning, guidance, and protection. Sign up for a Sprintlaw Membership as an NBIA Member to get unlimited access to an expert team of online business lawyers, and receive discounts on fixed-fee legal services.
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Disclaimer: All content contained in this publication is intended to provide general information in summary form on legal and other topics, current at the time of first publication. The content does not constitute legal (or other) advice and should not be relied upon as such. You should obtain specific legal or other professional advice before relying on any content contained in this publication.