Business is about maximizing opportunity and minimising risk.

Contracts determine who bears the risk. Poor contracts and trading terms, and credit control systems can be costly.

The Wisewould Mahony Contracts Team work with large and small business, in house counsel and contract managers to review, identify and address risk issues.

Our experienced commercial team can identify and manage that cost effectively.

With the implementation of the Australian Consumer Law (ACL) and the Personal Property Securities (PPS) reform, now is an ideal time to check whether your standard terms and conditions are adequate and protect your interests.

The key questions you need to consider are:

• How can we limit our liability?
• What are our regulatory obligations?
• How can we maximise our ability to recover our account receivables?

Wisewould Mahony’s contracts team can provide at a fixed cost a suite of compliant documents for your business:

• Standard trading terms and conditions tailored to your industry;
• Provide ACL compliant warranties and limitations of liability;
• PPS Act and retention of title terms;
• Credit Application Forms;
• Directors Guarantees.

We can also review and update your existing documents at a fixed cost.

So limit your risk and maximize your ability to recover your outstanding accounts.

Please contact the Wisewould Mahony’s contracts team to arrange an initial discussion at no charge.