Episode four: The legal documents your business will need, and the issues your business will face running your business when working with outside parties such as vendors and customers.
Legal Documents to Run Your Business
In this podcast I discuss externally focused legal business documents like customer and vendor agreements, and what are the critical elements needed in them. This includes terms of payment (how much, when due). They should also contain quantities and quality of goods or services to be provided – you’d be surprised at how often the legal documents are missing “what am I doing for this customer ” or “what is this vendor providing to me.” Also, I talk about working with landlords and the fact that there is no such thing as a “standard lease” despite every landlord in the country saying so. We discuss when to give personal guarantees for loans and leases.
In this and my other podcasts and articles, hear about leases; commercial loans; employment contracts; customer purchase orders or agreements; vendor agreements. Listen to the podcast here:
Thanks to Matt Mittan and BizRadio AM 1350 in Asheville for letting me present this series.
Also be sure to check out the Asheville Trusted Advisors Council’s special 45 minute podcast on risk management strategies for your business. Hear how a business lawyer (me), a CPA (Samantha Winogrond) and a commercial insurance agent (Lee Goldberg) work together to protect your business assets.
Contact me if you have any questions on any business transaction. In western North Carolina, Asheville, Waynesville, Hendersonville at (312) 671-6453.
Email me at: palermo@palermolaw.com.
Be sure to check out my other blog posts HERE. Be sure to listen to my podcasts with Matt Mittan at BizRadio.US