Read more
Business SOS!Eight Common Legal Mistakes Business Owners Make and How to Avoid them
This book is for small business owners who want to be ready when common legal challenges arise in their entrepreneurial journey.
Legal challenges that may seem straightforward, like signing contracts, entering a partnership, and more, often devastate business owners. Yet although they occur with alarming regularity, they're not inevitable. If you take precautions to avoid the mistakes that often cause them, you can easily minimize your odds of facing one.
Many business owners worry that consulting with an attorney prior to going into business, or even when already faced with a legal challenge, is too costly. Instead, they turn to a friend, relative, or the Internet for advice. This, however, often results in costing them more time and money than consulting an attorney would have done. Don't wait to find yourself in this position.
From his extensive experience as a small business lawyer, Rich Sierra shares his insights about some of the most common legal mistakes business owners make and the ways they can easily be avoided. Don't put yourself or your business at risk! This book can save you hundreds, if not thousands, of dollars in your journey as a business owner.
List of contents
Foreword
Introduction
Mistake 1: Not Hiring a Lawyer to Save Money
Mistake 2: Signing a Contract without Hiring a Lawyer
Mistake 3: Defending a Lawsuit without an Attorney
Mistake 4: Signing a Commercial Lease Agreement without an Attorney
Mistake 5: Lack of Knowledge about How the Business Will Make Money
Mistake 6: Entering into Partnerships with Friends and Relatives without a Partnership Agreement
Mistake 7: Lack of Understanding of Basic Contract Law
Mistake 8: Initiating or Staying in a Business Lawsuit on the Basis of Principle
Closing Arguments
About Rich Sierra
Acknowledgments
About the author
As founder and CEO of the Florida Small Business Legal Center,
RICH SIERRA has consulted with thousands of business owners during his 18 - year career. The firm's mission is to provide small business owners with high quality and cost-effective representation. Before the firm opened in 2004, Rich founded and ran a national internet-based company that fed his entrepreneurial appetite while sparking an interest in business law. This experience enabled him to understand the need for affordable legal advice directed towards small businesses to ensure success. Rich received his B.S. degree from the University of Tampa and a J.D. from Nova Southeastern University Law Center in Ft. Lauderdale. Today, Rich lives with his family in the Coral Springs area.
Summary
If you are in the small business world, you have heard of or experienced the weight a lawsuit can drop on an entrepreneur or small business owner. Rich Sierra has watched this happen hundreds of times, often hearing a version of I wish I’d hired legal help before this happened, in between. A culmination of 18 years of experience, Business SOS! holds the keys to eight common legal challenges small business owners are likely to face. From navigating lawsuits to ‘preventive’ care when signing contracts, to entering in partnerships, Rich walks you through dos and don’ts that will keep your company afloat.
