Summary Do you have to master all the legal stuff as a business owner? No. Does it mean you can brush them off and sign legal papers on your phone after skimming through the headings alone? Absolutely not.
Some things, no matter how accomplished a business owner you are, are unavoidably important. Like understanding contracts and liability insurance. Especially now that instant gratification rules the world! Believe me, if it weren’t for that, I would still be paying a random broker a certain percentage from the sale of an asset I was interested in some time back!
Contracts can be both a blessing and a curse, providing legal security while also being used against you. You might decide to sign them off, considering how sometimes unclear language or terms trip you up, but you don’t want to land yourself in hot water later on, do you? That’s why in today’s episode, I’m giving you exactly the points you need to know before signing contracts to protect your business from unforeseen accidents. I’ll also cover liability insurance and explain how it can be used to strengthen your business’ future.
Tablecloth Finance, your hub for all things financial, brings you this informative episode. Tune in and take the first step towards securing your business’ future!
“You must inspect every single document that comes across your desk that you’re asked to sign, there is no such thing as standard, there is no such thing as normal.”Listen to “What all Small Business Owners Should Know Before Starting a Business” on Spreaker.
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