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What is a Memorandum of Understanding and is it Legally Binding?

29th May 2020 - Category: Sales and Commerce

A Memorandum of Understanding (also known as an "MOU" or a "Heads of Agreement") is a very useful document in many business transactions. It is an informal document, outlining the basic terms of a deal, but not going as far as a formal contract does. [...]

How to Get your Debtor to Pay

4th July 2019 - Category: Sales and Commerce

Chasing debtors is unfortunately an all too common part of running a business in Australia. You've done the work and sent an invoice, but the client has ignored it. [...]