One GREAT question I get asked all the time is:
“If I have limited funds, what’s most important to do to legally protect myself?”
Some people say you should create an LLC right out of the gate. (And sometimes you should!)
Other people say to put protections in place that protect your INCOME first – before your ASSETS. (That’s good advice too!)
Each situation is slightly different based on how long you have been in business, your unique background and financial situation, and your goals for the future.
But, there are some important legal protections that are good for EVERYONE to have in place right from the start.
That’s why I made this Periscope video below for you – SO that you invest wisely to secure and protect your business. #legallove
If you provide SERVICES, it’s worth spending your money on these 2 steps right out of the gate:
Your Website Disclaimer
Your website is the face of your business that showcases your brand, your credibility and your personality.
If you have a website, you need a strong and thorough Website Disclaimer to create clarity about what you do (and don’t do) in your business and to limit your liability.
Your Client Agreement
If you work one on one with clients, you need a Client Agreement customized for your specific programs and services. Your generic contract from your coaching school or training program can leave holes the size of swiss cheese.
Your Client Agreement: (1) protects your income, (2) creates strong but loving boundaries for you and your client to have a successful working relationship, and (3) sets the ground rules in writing right from the start.
If you provide PRODUCTS, in the video I also talk about the 2 key legal steps for you to take right now.
BONUS LEGAL TIP: In the video, you’ll hear specifically what steps can you WAIT ON until you are more established and that you DON’T need right out of the gate. #morelegalloveforyou
I know how quickly you can rack up business expenses as an entrepreneur, such as for a:
- Business coach
- Brand new website
- Photo shoot (I, myself, have a glam photo shoot this week in Boston with the talented Wendy Yalom!)
- Travel to conferences
- Virtual assistant
- And more!
And here’s the thing: We MUST be savvy with our business expenses if we want to operate a high-level business with confidence and professionalism – and legally protect the business we are working so hard to build.
That’s why I created the get legally covered so you can go bare™ course.
Whether you are just starting out or you have been in biz for a while, you really need to create loving legal boundaries and contracts to hold your biz, WHILE you are working with a business coach, having photo shoots, and hiring your VA.
You have to protect what you build AS you build it. #smartentrepreneur
What I love about this course is that you receive 8 DIY legal documents (with me by your side as your guide) and *poof!* like magic, they’re ready to use!
In this course you’ll receive your:
- Website Disclaimer
- Client Agreement
- Sole Proprietor Biz Registration + Taxes Checklist
- Website Terms + Conditions
- LLC + S-Corp Checklist
- Trademark Self-Assessment
All of these documents are intentionally created to be simple, easy to understand, and in plain English, with deep care and Legal Love™.
Let me tell you, my friend, this course is WORTH the investment!
If you did each of these steps separately, the total cost would be about $22,000. (Gulp!) But, in this course, you receive 8 legal documents for the cost of working privately on just 1 or 2. It’s a DREAM COURSE and a STEAL all rolled into one. #whew
This course gives you EXACTLY what you need to save time, money and headaches and to get set up correctly – right from the start.
Be a savvy entrepreneur and legally protect your biz. Sign up to go bare™ now.
While it may not feel super sexy to get your legal ducks in a row, this is the BEST INVESTMENT you will ever make in your business.
Just listen to how go bare™ helped Laura – a former fashion designer and now spiritual coach – to cross off a giant worry off her list…
It’s time to get your legal ducks in a row now. Hurry – we begin on Monday, September 21! Don’t miss out!
Join us to go bare™ now. The doors close THIS Friday 9/18.
Here’s to savvy biz owners, getting your legal ducks in a row, and going bare together!
In your Go Bare program, do you actually walk us through how to trademark?
Lynne Wadsworth recently posted…How To Manage Migraines With Tea!
Hi Lynne! Great question! The go bare course covers whether you have something that is appropriate to trademark and I give an overview of the trademarking process, but, unfortunately, we don’t have time in the course to go through the trademark process in full detail.
Lisa recently posted…Video from the go bare course (+ LAST CHANCE to sign up!)