When you own a business, writing and negotiating contracts are something you can't avoid. You are constantly dealing with various types of business contracts, whether they are structural contracts, sales-related, or employment-related.
We will have an article on what each of these are in the future, but here are some examples of different types of Business Contracts:
- Partnership agreement
- Indemnity agreement
- Non-Disclosure agreement
- Property and equipment lease
- Bill of sale
- Security agreement
- General employment contract
- Non Compete agreement
- Independent contractor agreement
3 Top Reasons to have a legal expert review a Business Contract: 1. To ensure you fully understand what is being agreed upon: Many contracts are written in legal terms (a.k.a. "legalese") that may not make complete sense to a layman. An Attorney will help make sure you know what you are writing or agreeing to. 2. To help negotiate the terms of a contract and make sure your interests are protected: In the case items within the agreement are missing or unfavorable, a legal expert can negotiate with the other party to ensure it is mutually beneficial and agreeable for both parties. 3. To lower your risk of making mistakes: Yes, we can all search on Google and learn how to do "anything", but is a contract worth risking your business for? By having your contract reviewed by an experienced business attorney, you lower the risk of immediate mistakes being made and lower the possibility of risks for your business in the future. If you own a business or are starting a new business and are in need of having a business contract reviewed in Nevada, you can set up a consultation here to discuss what steps you should take.
Please note: The contents found on this website are not legal advice and is strictly intended for educational purposes only. The legal needs of each individual vary significantly and are dependent on a variety of factors relevant to their specific needs. Please seek the assistance of an attorney for your legal advice.