The strength of the contracts utilized in your business has a huge impact on the strength of your business itself. Contracts serve one main purpose: protecting what you value most. This can include everything from securing your right to get paid, to protecting your business’s most valuable intangible assets, like copyrights and trade secrets and so much more in between.
Contracts help minimize disputes by outlining the parties’ specific intentions when the contract was drafted. After all, when money is on the line, memories tend to become a bit fuzzy. One of the wonderful things about contracts is that your contract can include whatever you want it to include, but there’s one caveat to that: the contract has to be enforceable.
The law lets us know what we can put in the contract, as well as what we should put in the contract – both of these points are equally important. This means your contract has to go far enough to protect your assets, but not so far that it doesn’t take into account what courts have determined about the issues.
That’s why it’s critical that your business’ contracts be carefully and craftily drafted. When it comes to protecting your business assets, all contracts are not created equal.
Which brings us to our next point: ALL the contracts in the Bosses’ Legal Vault come with walkthrough training videos that help you not only learn how to fill out the NON-GENERIC template correctly, but how to effectively utilize the agreement to secure your interests.
Click the buttons below to learn more about what each agreement does for your business.