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Episode 131

Using Contracts to Protect Your Business with Kristen Herwitz

Navigating Contracts

In this episode, I’m joined by Kristen Herwitz, a business attorney and strategist who shares her expertise on contracts and the importance of protecting client relationships. Kristen’s passion lies in assisting marginalized groups, and her values-based approach to legal services has made her a sought-after advocate for fair and equitable business practices.

Contracts and Protecting Client Relationships

It’s important to have intentional conversations and protect your personal relationships when entering into business arrangements. Contracts should not only outline legal obligations but also consider the long-term impact on client relationships and privacy. Consider potential scenarios where something goes wrong and be mindful of payment structures. To mitigate risks and ensure fairness, seek professional guidance when creating contracts.

Values-Based Decision-Making

Contracts play a crucial role in protecting the rights of all parties involved. You must comply with state laws and have a lawyer who understands them. This is especially important when it comes to employment classification and non-compete clauses. Being informed and intentional about values-driven decision-making can help create a business environment that is fair, inclusive, and protective of all stakeholders.

Ownership Rights and Licensing in Contracts

Another essential aspect of contracts is addressing intellectual property ownership. The default ownership rights in the legal industry often require negotiation. Clear communication and contracts can minimize misunderstandings and ensure that both clients and businesses are aware of their respective rights and responsibilities.

Having the right legal adviser to strategize and grow your business makes the biggest difference. Clear communication and contracts are key in minimizing misunderstandings and protecting your business, clients, and employees. Start to take action to protect your business by listening to this episode.

What’s in This Episode

  • The importance of contracts and fair treatment
  • Protecting client relationships and privacy
  • Considering what happens when something goes wrong
  • Understanding state laws and compliance

What To Do Next

  1. Want to read more books? Join Thought Readers, my book club for business owners. It’s free to join in 2023, so don’t miss out on this great opportunity to learn with like-minded peers.
  2. Subscribe to receive this podcast and regular weekly strategies to grow and shape your business. You’ll also be the first to know about upcoming courses, programs, and exclusive LIVE training.
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Where to Find Kristen Herwitz

Up Next

Next week I’m sitting and chatting with Susanne Mariga.

Using contracts to protect your business

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Lisa Larter Bio Image of Lisa x400

Lisa Larter

Founder and CEO of the Lisa Larter Group, master strategist, author, speaker, podcast host, social media expert, consultant, and business coach. Lisa inspires entrepreneurs and business owners to see the possibilities for their organizations when it comes to strategy. She uncomplicates modern marketing and creates (and implements) strategies for businesses that are guaranteed to increase visibility, inbound leads, and revenue.

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