If you’re a business owner, contracts are an unavoidable part of life. Between all of the legal jargon and the information you’re trying to include, it can get a bit confusing. But it’s important when you’re drafting a contract that every detail accurately conveys the needs of your business.
That’s why it’s important to use a professional business attorney when you’re putting your contract together. As a Lakeville attorney, Betsy Larson has drafted all kinds of business contracts for small business owners. Here are some of the biggest reasons she’s found to have a professional help you draft your contract.
1. Contracts are Not One-Size-Fits-All
It might be tempting to turn to the web and simply copy-and-paste a random contract. After all, nobody really reads those things, right? But every contract should be uniquely tailored to your business, the second party, and the type of contract that’s needed.
Whether you’re drafting a lease, vendor/service agreement, non-disclosure agreement, or confidentiality agreement, don’t risk it. It’s too important to iron out the fine print based on your needs.
2. Mistakes Can Be Costly
Did you know that fine print on an NDA can cost you your intellectual property? In today’s world of digital everything, protecting your intellectual property is increasing tricky under any circumstances. Betsey Larson can examine your NDA and help you make sure it protects you and your ideas so you don’t have to worry about them becoming public property.
Another key mistake business owners often make on contracts is not including every detail they need to protect themselves. Overlooking a minor issue on a lease agreement could end up with a significant liability on your end down the road. Avoid the legal headache and get a pro to write up your contract.
3. Attorneys Can Negotiate Better Deals
It’s surprising how having a professional who knows their way around a contract can pay off in terms of your negotiation. But sometimes having a legal professional on your side can make a huge difference.
Betsey Larson knows all of the language you can expect to find in your contract. That means she can identify weaknesses in the contract that may not be the best deal for your business.
Lakeville Business Law Firm Contract Help
Coming to the negotiation table without an attorney on your side is like driving without a seatbelt. It’s your business, and it’s also your job to protect your assets.
Contracts can seem a little overwhelming, but they don’t have to be. To discuss your contract and the goals you have for your company, call our office at 612.356.2870, or contact Betsy Larson by email.