What are Trade Schedules? Are TradeBox's products really trade-specific? Why would this be important to subbies and tradies 🤔?

How does a new trade schedule get created?

Aitchison Reid Building and Construction Lawyers, a law practice, owns and crafts the contract product templates and guidance material for TradeBox. The templates and material are part of the intellectual property (IP) owned by the law practice. The law practice has licensed TradeBox to supply to subbies and tradies, subscription based access to the templates and guidance.

To create a new Trade Schedule, the following general process is used:

1. A tradie/subbie “Bob” owns a trade business and wants to become a TradeBox customer, so Bob gets in touch with TradeBox;

2. If a trade schedule for Bob’s trade doesn’t exist, Bob asks TradeBox to create a new trade schedule for Bob's trade. If Bob's work covers more than one trade, and trade schedules for them don't exist, Bob may be asking TradeBox to create more than one new trade schedules;

3. TradeBox and the construction law practice consider legal feasibility (law practice) and commercial feasibility (for TradeBox), as to whether or not to agree to create a new trade schedule;

4. If TradeBox and the law practice agree to create a new trade schedule, and if Bob becomes a TradeBox customer first, then Bob is sent an IP waiver to agree and sign for the law practice;

5. If the IP waiver is agreed and signed by Bob on behalf of himself and his trade business:

   1. a nominal amount is paid to Bob’s trade business as consideration for agreeing and signing the waiver; and

   2. the law practice carries out a consultation with Bob (by phone meeting) to learn as much as possible about what Bob's particular trade needs and requires, so that these matters may be considered and covered in the crafting of the new trade schedule;

6. The law practice completes the creation and crafting of the new trade schedule;

7. TradeBox develops and launches the new trade schedule on its technology platform, so that it is available to Bob and all other TradeBox customers to add to their TradeBox Focus or Ultimate product subscriptions;

8. TradeBox adds the new trade schedule to Bob’s trade business's TradeBox product subscription and supplies the updated product to Bob;

9. The timeframe from the consultation process (from step 5) until the supply of the new trade schedule and updated product to Bob (to step 9) can take 4 to 6 working weeks;

10. Bob is not charged fees by the law practice or by TradeBox for the consultation process, so the only cost for Bob to bear for the consultation process is his use of his own time and his agreeing and signing of the IP waiver.