Don't forget this in your 2021 budget! (S5E167)

Don't forget this in your 2021 budget! (S5E167)

Author: Autumn Witt Boyd | Go-To Lawyer for Online Entrepreneurs November 30, 2020 Duration: 37:32
Legal Road Map®: copyright, trademark and business law info for online entrepreneurs
BusinessEntrepreneurship

Planning for next year is in full swing. You may be planning new products or services, epic launches, new training series, and more. And you're probably also working on your budget with line items all geared toward helping you facilitate those rollouts.

While most people forget to add legal into the budgeting equation at all, the good news is that you may need way less than you think, depending on your unique stage of business.

In this episode, we'll cover:

  • What you might want to skip legally when you're just getting started
  • Why you should definitely update your contract every time you uplevel or change the way you work with clients 
  • How you can start protecting your trademarks and copyrights even before you register them
  • What you should plan to protect with your first custom contract
  • Which lower risk activities you can likely still use a contract template for, even if you're in a more advanced stage of business
  • The revenue threshold that marks when you should absolutely when you should absolutely sit down for a legal audit of your business with a lawyer 

BONUS: If you're starting something new, or this episode has spotlighted areas of your business that have you worried, now is a great time to make sure your business is in good shape legally. Download our free legal checklist to make sure your business has a strong legal foundation at https://www.awbfirm.com/podcast166!

Resources mentioned in this episode:

Contract template store: https://awbfirm.com/contract-templates

Episode 120 of the Legal Road Map® podcast (Launch Phase): https://awbfirm.com/podcast120

Episode 121 of the Legal Road Map® podcast (Solopreneur Phase): https://awbfirm.com/podcast121

Episode 122 of the Legal Road Map® podcast (Success Phase): https://awbfirm.com/podcast122

Episode 123 of the Legal Road Map® podcast (Scale to CEO Phase): https://awbfirm.com/podcast123

Legal Road Map® Facebook group: https://facebook.com/groups/legalroadmap

Episode 91 of the Legal Road Map® podcast: https://awbfirm.com/podcast91

Episode 49 of the Legal Road Map® podcast: https://awbfirm.com/podcast49

Episode 37 of the Legal Road Map® podcast: https://awbfirm.com/podcast37

This podcast is information, not legal advice specific to your situation.


Navigating the legal landscape of an online business often feels like deciphering a foreign language. Legal Road Map®: copyright, trademark and business law info for online entrepreneurs translates that complex language into actionable advice you can use right away. Hosted by Autumn Witt Boyd, a practicing attorney who focuses specifically on creative and digital businesses, this podcast serves as a reliable guide through the common yet confusing legal questions entrepreneurs face daily. Each episode tackles practical topics, from the essential contracts you need to protect your work and client relationships to understanding the real purpose behind website policies like terms of service and privacy notices. You’ll hear clear explanations on how copyright and trademark law applies to your original content, branding, and products, helping you secure your intellectual property without unnecessary jargon. Think of it as a regular consultation with a trusted expert, designed to demystify the law so you can make informed decisions and focus on growing your venture with greater confidence and security. Tune in for straightforward conversations that replace legal anxiety with a practical plan, making this podcast an invaluable resource for any entrepreneur building a business in the digital space.
Author: Language: English Episodes: 100

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Legal Road Map®: copyright, trademark and business law info for online entrepreneurs
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