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When you’re just beginning as an entrepreneur, you are not only the chief operating officer of your company, but you also haul your own trash and write your own contracts. While being your own trash collector might not harm you if you do it incorrectly, being your own business lawyer could eat your money unless you learn some basics about writing contracts. Here are seven things that could help you when drafting your own agreements. Start with templates. Even lawyers rarely draft contract from scratch. There are many online services that will sell you basic contract templates for $25-$75. Buy several Continue Reading →
Most people don’t take time to read the contracts they sign. That’s dangerous because your signature is taken for an admission that you’ve read the document. As your business grows and you begin outsource, you’ll hire a good business attorney to handle contract review and negotiations for you. Until then, you need to be responsible. Unfortunately, many contracts seem daunting because of their length and because you don’t know what to look for. So for the hurried entrepreneur who doesn’t have a lawyer, here are the seven must-read sections in contracts you are asked to sign. What are each party’s duties? When someone Continue Reading →
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Many articles have a ridiculous generation bias when comparing millennials and baby boomers, especially in the workplace. The 2013 Ernst & Young survey stated: 75% of managers said that managing multi-generational teams is a challenge, and 77% also said that different work expectations among generations is a leading challenge they face. This statistic alone pushed writers, journalists, and “experts” to dig deep into the issues and attempt to find solutions. Where some articles may have been able to provide some insight on understanding this “generational gap” others muddied the waters and just made gaps larger. These following excerpts from an Continue Reading →
Inc. magazine printed one of the shortest articles I have ever seen in its November 2011 issue. It consists of a quote from a struggling entrepreneur named Tara Hunt, and here it is in its entirety: “If nobody shares they are struggling, nobody will know anybody else is struggling. That results in a bunch of people feeling isolated and scared and like big, fat losers.” – http://www.inc.com/magazine/201111/stop-feeling-like-a-big-fat-loser.html This is full of nuanced implications, but the plea seems to be that all entrepreneurs, business leaders and CEOs should tell each other that they’re struggling. DO NOT BUY THAT ARGUMENT! Tara is right that most CEOs feel isolated. Almost every CEO Continue Reading →
You need space for your growing business. The commercial landlord has space. Seems like a simple matchup, right? Not so much. A commercial lease is a contract between two businesses. Unlike residential leases, the law and the courts generally assume both businesses are represented by attorneys who understand the details of these kinds of contracts. So commercial leases are typically very long and complicated, and they are usually drafted by the landlord initially to be quite unfair to the entrepreneur who needs the space. It takes a lot of work to pound an initial lease proposal into something that your Continue Reading →
The Purpose of Argent Place Law
Argent Place Law, PLLC serves businesses and business leaders in matters of business law, intellectual property law, and succession planning. Business law issues include contracts with customers, vendors, and partners as well as corporate law and corporate governance. Intellectual Property law issues include filings and strategic licensing for trademarks, patents and copyrights, and how to manage trade secrets. Succession planning incorporates business planning for an equity sale or asset sale as well as the integration of the business succession plan with personal estate planning through wills and trusts.