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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 →
Learn More about Relationship Management
I bet most of you will relate to the author of this article in Inc. Magazine who often finds herself too busy working to spend any time planning. It’s an all too common trap. Prospects and revenue are coming in, and it takes so much time to chase every one of them that you have no time left to think about your business. Here are my two favorite lines in the article: “Being busy is not the same as being productive.” “The real value [in attending a workshop or panel discussion] is setting aside an hour to do nothing but think about my business.” Remember, there is Continue Reading →
You hear it, and you know it instinctively: Hiring people is a big decision. Your relationship with employees–and even prospective employees–is a minefield of laws, regulations and emotions that makes you cringe whenever you face the need to hire. So there is an enormous amount written about it. At the end of this post are links to just a few of the volumes of articles written on this topic only recently. But I propose that there is an approach to hiring that can put your mind more at ease: View hiring from a strictly contractual viewpoint. What do you do when you deal with a third 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.