22. 5 Simple Ways To Legally Protect Your Business
As a small business owner, it’s your responsibility to legally protect your business. We get it - when you first start your business, you’re excited and ready to jump right in! The thoughts of actually getting sued aren't in the forefront of your mind.
Unfortunately, Jennifer experienced many lessons learned after going through an IRS audit, being threatened to be sued, and even hit with a copyright infringement settlement. Getting more serious in the beginning could have saved a lot of time, money, and many sleepless nights. Fortunately, she’s now settled into a very legally risk averse life!
If you’re a business owner that has yet to get serious about legally protecting your business, you won’t want to miss this episode. These 5 simple tips can help safeguard your business and place you in a stronger position to eliminate legal action in the future.
Today we will cover:
- (2:58) Lawyer reviewed terms and conditions
- (9:31) All about contracts
- (16:22) Helping clients get insurance
- (19:18) Signing the invoice and keeping things secure
- (25:21) The importance of having everything in writing
- (30:32) What you should do when hiring
- (32:43) Invoicing and obtaining signatures for every transaction
- (37:00) Getting all changes and cancellations in writing
- (43:52) Maintaining all documentation to protect yourself
The Legal Paige - travel industry agreement templates
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