M00056A

This is Roger ...

He works for Complete Fitness in their legal department. His responsibilities include maintaining the business registration and licencing obligations, managing contracts and insurance, workplace health and safety and risk management, and compliance with legislation and industry regulations. 

Most things a company does, requires a contract, a legally binding agreement between two parties. A contract is valid and enforceable if the agreement contains sufficient evidence of the following elements;

1. an offer and an acceptance.

2. a common intention between the parties to create binding relations.

3. the giving of “consideration” for the promise.

4. legal capacity of the parties to act.

5. genuine consent of the parties.

Even before you decide to start a small business you’ll need to ensure you are eligible to do so.