Co-Founder Readiness Check

1. General information only

The tools, generated reports, and templates provide general information on Australian law only. They are not legal, financial, tax, or financial product advice, and they don't take your particular objectives, business structure, or circumstances into account. Tool results and templates apply general legal principles and thresholds as at the review date shown on each tool or template, which may change as legislation or case law develops.

2. No client relationship or duty of care

Using a tool, generating or sharing a report, or downloading a template doesn't make you our client, create a solicitor-client relationship, or give rise to any legal duty of care by us to you or any third party. We act for you only after we have agreed the scope of work with you in writing and completed our identification and conflict checks.

3. Your answers and privacy

We don't see, receive, verify, or store the answers or figures you enter. They stay in your browser's local storage on your device, and clearing your browser data deletes them. You are solely responsible for the accuracy, completeness, and legal characterisation of what you enter. The automated results depend entirely on it.

4. Automated results, errors, and non-reliance

Tool results and generated reports are generated automatically by pre-programmed logic based solely on the options or figures you select, and are not reviewed by a lawyer. Because automated tools simplify complex legal rules, the tools, generated reports, and templates may not cover every circumstance or exception that applies to you and may include coding, calculation, or legal errors or omissions. You acknowledge and agree that:

(a) you must not rely on the tools, the reports produced as a result of their use, or the templates without getting legal advice based on your specific circumstances, or treat them as a representation or warranty that your company, intellectual property, or documents are compliant or investor-ready;

(b) if you use any templates provided on this website, they are general starting points only and must be reviewed and adapted by a qualified lawyer to your circumstances before use; and

(c) if you share a generated report with any third party (including co-founders, advisers, or prospective investors), you do so at your own risk and must ensure they are aware that the report is an unverified self-assessment and not a legal opinion or sign-off by us.

If you notice an error in how any of our tools work, or in any generated report or template, please let us know using the contact details below so that we can correct the error and improve the experience for future users.

5. Licences and intellectual property

We grant you a revocable, non-exclusive, non-transferable, royalty-free licence to use the tools, generated reports, and templates for your own internal startup or business purposes. You may print or save a generated report and share it in its complete, unaltered form (including all disclaimers and notices) with your co-founders, advisers, or prospective investors, but you must not sell, republish, frame, scrape, or commercially distribute the tools, reports, or templates, or offer them as part of a service to others. Both the tools and the templates are provided as general starting points only. We keep all copyright and other intellectual property rights in the tools, generated reports, and templates.

6. Exclusion and limitation of liability

(a) Because the tools, generated reports, and templates are provided free of charge as general educational resources, to the maximum extent permitted by law, we exclude all conditions, representations, and warranties (express or implied) about the tools, generated reports, and templates, including regarding their accuracy, completeness, currency, fitness for a particular purpose, or error-free operation.

(b) To the maximum extent permitted by law, neither we nor our principal, employees, or contractors are liable to you or any third party (whether in contract, tort including negligence, under statute, or otherwise) for any loss, damage, cost, expense, or liability (including any direct loss, indirect or consequential loss, loss of profit, loss of funding or investment opportunity, loss of goodwill, or legal remediation costs) arising from or in connection with your access to, use of, or reliance on any tool, generated report, or template, or any error, omission, defect, or inaccuracy in them.

(c) Nothing in these terms excludes, restricts, or modifies any consumer guarantee, right, or remedy you have under the Australian Consumer Law (Schedule 2 of the Competition and Consumer Act 2010 (Cth)) or any other applicable law that cannot lawfully be excluded, restricted, or modified by agreement.

(d) Where our liability for failing to comply with a non-excludable consumer guarantee or other statutory obligation can lawfully be limited, our liability is limited (at our sole option) to: (i) in the case of services, supplying the services again (by making the updated tool or report available on this website) or paying the cost of having them supplied again; and (ii) in the case of goods, replacing or repairing the goods, supplying equivalent goods, or paying the cost of doing so (under section 64A of the Australian Consumer Law).

7. Changes

We may change, suspend or remove any tool or template, or update these terms, by publishing the updated terms on this page. Updated terms apply to any use of a tool or download of a template from the "Last updated" date shown at the top.

8. Governing law

These terms are governed by the law in force in New South Wales, Australia, and you submit to the non-exclusive jurisdiction of its courts.