DIY Contracts Can Be Costly For Small Businesses April 23, 2021 | Contracts
Running a small business means filling many roles.
To open your new company, you manage your employees, tally the books like an accountant, pitch your product like a salesman, and clean like service staff. And, that’s just in one day. Your to-do list will only continue to grow. You’re already spread too thin. Avoid adding amateur attorney to that list.
Anyone who’s done a DIY project knows it’s a good idea until you actually start. Problems always persist. That’s why legal contracts should be delegated to professionals. No need to add any more risk or stress.
A Palm Harbor business law attorney can help take something off your plate. These lawyers possess the knowledge and skill to craft contracts that will keep you working.
The Law Office of Robert Eckard & Associates are one of the most experienced business law attorneys in Palm Harbor. The firm provides three problems business owners may face when attempting to write their own DIY contracts.
- DIY business contracts may not provide any protection.
Language is important. All too often, client-created contracts contain inappropriate or ineffective language. There could be clauses or statues that prohibited the terms put in place.
- Litigation may cost more in the long run.
If you’ve created an improper agreement, you could be paying much more than a Palm Harbor business attorney would cost at the start. Hiring a professional to prepare a contract can cost between $500-$3,500. This is a small price to pay in exchange for security and protection.
- Law are constantly changing.
Federal, state and local have strict rules that vary greatly. Without an expert, keeping up can be a challenge.
Hire an attorney to do it right.
DIY business contracts run substantial risk. These mistakes can be costly. Consult with a Palm Harbor business lawyer. Firms like the Law Office of Robert Eckard & Associates can check one more item of your business to-do list while limiting future liability.