How the ‘boring bits’ can boost your bottom line

I was delighted to contribute to Business Builders recently, where I addressed why the so-called 'boring bits' of business, your legal documents and business structure, should be doing more commercial work than almost anything else in your business.

This article explores;

  • How well-drafted contracts actively support your cash flow, eliminate scope creep, help you get paid faster, and actually make it easier to convert clients.

  • Why your business structure matters strategically, and why waiting to review it costs you more than you think.

  • Why I always say prevention is always better (and cheaper) than the cure.

If you've been putting off sorting your legal foundations, this article is a must-read. You can find it here.

Not familiar with Business Builders? Here is an excerpt from their website below, detailing their story.

”Business Builders started as a passion project from David Koch (Kochie) – small business advocate, long-time entrepreneur, and former host of Sunrise. With years of hands-on business experience alongside his wife Libby, Kochie wanted to create a space where small business owners could find straight-talking, actionable advice to help them grow and thrive.”

Tracey Mylecharane

Tracey Mylecharane is the Principal Solicitor and founder of TM Legal Atelier, a boutique commercial law practice working with small and growing service-based businesses, and providing fractional in-house counsel to mid-size businesses Australia-wide. She has more than 20 years' commercial legal experience, was admitted in 2002, lectures at UNSW Law, and hosts the Rise Up in Business podcast.

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July 2025 - Important Legal Changes You Need to Know