If there’s one thing that gets small business owners into trouble more than anything else, it’s the poor set-up and management of contracts. According to Mark Brennan, Australia’s inaugural Small Business Commissioner, a lot of small businesses won’t take the time to seek assistance or advice about contracts, resulting in inadequate or vaguely worded contracts. Or, sometimes, no written contract at all! In many instances, Mark says, people have borrowed against their house to fund their business, and neglecting to take contracts seriously could have disastrous implications – both personally, and for the business. Mark Brennan has 10 tips for improving contracting practices and avoiding disputes. WWW.BE.COM.AU