5 Things You Need to Do Today to Start Getting Legal Off Your List
Thinking about legal for your company can be a headache, and the thought of all the things you need to do legally can be paralyzing. However, you must have basic legal protections in place to protect your business and brand. The sooner you do this, the more protection your company will have.
So…I’ve compiled a list of the five things you can start doing today to get a jump on getting your legal done:
Make sure you have the proper business entity.
Weigh the pros and cons of each type of business entity and determine which one is right for you. Once you’ve done that, register that business entity with your state, and don’t forget, you will need an operating agreement (if you register an LLC or partnership), and bylaws (if you register a corporation).
Make sure you have a client contract that’s clear, easy to understand, and specific.
You should specifically spell out the work to be performed or goods to be provided in the contract and state that any additional goods or services are not included and will need to be agreed upon in another contract. You also need specific payment, cancellation, and refund terms.
Start coming up with a strategy for your intellectual property.
Put copyright notices on your content. Consider trademarking your brand name, course name, or any other elements that identify your business or products.
Make sure you have the proper website disclosures.
If you collect data from visitors on your website, you need a GDPR compliant privacy policy and a cookies banner that explain your data collection practices and cookie usage.
Get business insurance.
Depending on your coverage and limits, your business insurance will generally pay for any damages you have to pay in a lawsuit, and it will pay for your attorneys’ fees.
Trying to get your legal in place but want more legal guidance along the way? We conduct full legal audits for companies. Book a free consult today to discuss your options.
Disclaimer: This information is provided for general information purposes only and should not be construed as legal advice with respect to any matter. This information is not intended to be an exhaustive list of the topics discussed. It does not create an attorney-client relationship and should not be used as a substitute for legal advice in any specific situation.
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