Rise Up In Business Tracey Mylecharane

Unfair contract terms is a phrase you may have heard, but understanding this concept as a small business owner is more pressing now than ever before. In the past, small businesses were exempt from certain regulations regarding contract fairness. However, as of November last year, this is no longer the case. New legislation has made it critical for small businesses to ensure their contracts do not include unfair terms and the risks for non-compliance are very real, including penalties from $50...

As an interior designer, you translate a client's dream space into reality. You meticulously curate elements, organise renovations, and breathe life into functional and beautiful environments. But amidst the mood boards and material selections, a crucial element often gets sidelined: the legal foundation that safeguards your creative vision and protects your design business. Today we’re going through six key strategies specifically designed to help interior designers like you safegu...

One topic that has been coming up a lot lately with my interior design clients in particular is commission payments and referral fees. If you are considering a referral arrangement or perhaps you already have an affiliate relationship in place, there are certain considerations you need to keep in mind.Commission Payments vs. Referral FeesCommission payments and referral fees are often used interchangeably, but they hold distinct meanings and implications. Commission payments are typically tie...

As someone who has been practising law for quite some time, you can imagine I’ve gotten a lot of questions over the years like: “what's it like to be a lawyer? Is it like Suits, LA Law, The Good Wife?”Sadly, it’s not quite that sexy or entertaining - and really not that dramatic. That's not to say that we can't take inspiration and little nuggets of gold along the way from some of these shows. Today, I’m talking about how business owners can find inspiration and fresh ideas from many sources ...

Did you know that the current small business failure rate is 36% above the average?It’s the worst it’s been in 11 years and the estimate is that ten thousand businesses will close down this financial year. It’s a concerning trend, and we cannot ignore this. I don’t want to scare anyone with this episode, I want to equip you with the knowledge to safeguard your business. As I’ve said many times, prevention is better than cure so I’m going to share the five biggest reasons behind th...

In business, unforeseen challenges can arise at any moment and in my years working in dispute resolution, most of what I saw in the courtroom could have been avoided. With never ending to-do lists, getting legal documents in order is a task that often gets buried under a pile of other demands. Unfortunately, this neglect leaves businesses completely exposed without a leg to stand on. Today, I’m sharing a real-life case study of one of my clients as a cautionary tale about the importance of pr...