Phang Legal's blog

The Common Law of Business Balance

Challenges in Business

It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money -- that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot -- it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
- John Ruskin | Read more...

Ern Phang joins team at NFP Consulting Group

NFP Consulting Group Pty Limited gains valuable member

Ern Phang, solicitor director of Parramatta law firm Phang Legal (www.phanglegal.com.au) has joined the experienced team at NFP Consulting Group (www.nfpconsulting.com.au) in their corporate governance and risk management section.

NFP Consulting Group assists businesses and not-for-profit organisations to review and develop their management structure and business systems. Part of the focus is on building bridges between business and community organisations for the mutual benefit of both sectors. | Read more...

Recession proof your business

Succeeding in business during difficult times

The global financial crisis threatens businesses of all kinds all over the world. At the heart of this crisis is the question - 'why did it happen?'. Some commentators have suggested that a lack of corporate governance and risk management, especially on the part of major financial institutions, is to blame. Learning from mistakes of others and taking steps to recession proof your organisation during this time of uncertainty and financial unrest is paramount.

So what can you do and what can Phang Legal for you? | Read more...

Phang Legal Opening Hours - Christmas 2008

Open for business

Phang Legal will be closing at 12pm on 24 December 2008 and reopening at 9am on 5 January 2009.

Please email for any urgent enquiries.

From the team at Phang Legal, we thank you for your ongoing support throughout 2008. We wish you and your family an enjoyable and safe holiday, and all the best for Christmas and the New Year. We look forward to assisting you again in 2009 - Ern Phang, solicitor director of Phang Legal

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