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The Importance of Terms & Conditions of Trade

Recently I met with a company south of Perth in the suburb of Bibra Lakes, just north of Fremantle. This well-established company, with four retail outlets is involved with supply and fitting of flooring.

The management had pulled together some terms of trade based on what they had read on the Internet. When we analysed their terms, we found they were missing some vital, basic clauses. Neither were they tailored to the requirements of their specific business.

This situation is far more common than you may think. The consequences of their approach however, was to leave them wide open to potential penalties in privacy legislation, an inability to perfect a PPSR security, no opportunity to recuperate debt recovery costs as well as exposing themselves to additional liabilities.

All of which we have now rectified with fully comprehensive Terms & Conditions of Trade, including industry specific clauses. My father used to say “penny wise, pound foolish” when someone tried to save a little bit of money which can end up costing a lot. When you buy and sell your house you employ a solicitor. When you want to secure your business income to pay for that house, call EC Credit Control. We will give you professional advice to ensure your business is at minimum risk.

If you are located in the areas bordered by South Perth, Welshpool, Fremantle and back up to Perth give me a call on 0400 373 972 and arrange a free consultation.

Regional Contacts

New South Wales

Sydney 1300 362 070
Sydney Local Call 02 8905 4900
Corporate Collections Hotline 1300 961 916

Queensland

Brisbane 07 3145 0500

Victoria

Melbourne 03 8102 0500

South Australia

Adelaide 1300 361 070

Tasmania

Hobart 1300 438 332

Western Australia

Perth 08 6214 0500

ACT

Canberra 1300 438 332

Regional Manager South Perth

 

Mike O’Dea
Area Manager
South Perth and South WA
0449 935 821
Mike is passionate about looking after small businesses. Having owned and managed businesses for over twenty years, he understands the trials and tribulations that running a small business can go through. He can therefore relate to other small business owners. Working with people and creating solutions, or solving potential problems, is what he does best.

Book an appointment with Mike below.

Regional Manager – South Perth
Mike O’Dea
Area Manager
South Perth and South WA
0449 935 821
Mike is passionate about looking after small businesses. Having owned and managed businesses for over twenty years, he understands the trials and tribulations that running a small business can go through. He can therefore relate to other small business owners. Working with people and creating solutions, or solving potential problems, is what he does best.

Book an appointment with Mike below.
Contact us
Phone 1300 361 070
info@eccreditcontrol.com.au

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Canberra, Melbourne, Sydney, Perth, Brisbane, Adelaide & Tasmania

EC Credit Control (Aust) Pty Ltd