Most solopreneurs and small business owner’s instinctively roll their eyes or groan at the mention of “contracts.” People that do not work with contracts daily (and let’s be honest, even people that do work with contracts daily) see contracts as frustrating due to complex language, restrictive, and just another chore on an endless to-do list. Thinking about having to sign a contract can fill a solopreneur or small business owner with a sense of absolute dread and fear, even if the contract is reasonably fair.
They say two things can be true at the same time. In that case, then it is 100% true that running a business can be both incredibly exhilarating and completely draining. Entrepreneurship is a journey filled with opportunities that can make your heart soar and challenges that can clip your wings and keep you grounded. Whether you are a one-person powerhouse or leading a small team, ensuring your business has a solid foundation is an essential piece to your entrepreneurship puzzle that will enable your business to soar beyond limits and achieve long-term success.
Every second of every day, someone enters into a legally binding agreement. It might be a lease for an apartment or space in a commercial building. It might be a master services agreement because your business needs services from another entity.
When I started my legal career, I learned very quickly that most people think you only need a lawyer when you run into trouble or that all lawyers go to court and argue cases - but there’s so much more that we do.
