Guide for Businesses at the Beginning of the Financial Year

Segal Lawyers helps many businesses navigate these challenges and opportunities at the beginning of the financial year.

1. Reviewing Contracts and Agreements

This is an excellent time to help businesses review their agreements. We can ensure that all terms are up-to-date and reflective of your current business operations and relationships. We look out for any automatic renewals, upcoming terminations or clauses that might need renegotiation. This proactive approach can prevent potential disputes and ensure that all agreements align with your strategic goals.

2. Corporate Governance

We help clients review their corporate governance practices to ensure they comply with the latest legal and regulatory standards. This includes evaluating board structures, shareholder agreements and company policies. Strong corporate governance not only ensures compliance but also enhances the overall credibility and reputation of the business.

3. Risk Management

This a good time to reassess your risk management strategies and update your risk management plans. This proactive approach can help you mitigate potential liabilities and ensure that your business is well-prepared for any unforeseen challenges in the new financial year.

4. Strategic Planning

This time can be used as an opportunity for strategic planning. This includes setting goals for the upcoming year, evaluating current business performance and identifying areas for improvement.

5. Employee Matters

We can assist you to review your employment contracts, policies and compliance with workplace laws. We will ensure that all employee records are up-to-date and that your business is meeting its obligations regarding wages, superannuation and workplace safety. Addressing these issues can help prevent potential disputes and foster a positive workplace environment.

6. Mergers and Acquisitions

The start of the financial year is a strategic time for businesses considering mergers or acquisitions. This may involve conducting due diligence, negotiating terms and ensuring compliance with all legal requirements. We can help navigate the complexities of these transactions and achieve your business objectives.


By providing comprehensive legal support and strategic advice, we can help you mitigate risks and position your business for success in the new financial year. We can work together to  make this a period of proactive planning and strategic growth for your business. If you’re in need of expert legal advice or want to discuss how we can work together to navigate your legal complexities, feel free to reach out.

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