Success Phase: Are you making expensive mistakes in your business? (S5E122)

If you're in the Success Phase of business - your business is stable, you're making consistent revenue you and others depend on (from $50,000 to low six-figures) and you've built a team  - this episode is for you.

Learn some expensive mistakes you could be making in your business, whether you're a done-for-you service provider, a coach, or a course creator. 

And even if you're still in the earlier Launch Phase or Solopreneur Phase, or in a later phase of building your business, you'll want to tune in to make sure you've taken care of your legal basics, or get an idea of potential problems that lie ahead.

In this episode, we'll cover:

• Why it's important to distinguish between independent contractors doing ongoing work for your business and those who just handle a one-time project
• How misclassifying a worker can be one of the most expensive mistakes you make
• Why it's absolutely essential to use a written agreement when you're collaborating with another business or individual
• The one trademark you need to register once you reach the Success Phase

BONUS: Success Phase Entrepreneur Checklist -- head to www.awbfirm.com/podcast122 to learn about what can go wrong legally as you enter the Success Phase of your business, and simple actions you can take now to avoid costly problems later, in our Success Phase Entrepreneur Checklist.  We'll be releasing a brand-new legal checklist for each phase of your business building journey, free with every episode this month!

Resources:

Previous episodes about working with contractors and employees the right way:

Legal Road Map® episode 91 - www.awbfirm.com/podcast91

Legal Road Map® episode 49 - www.awbfirm.com/podcast49

Legal Road Map® episode 37 - www.awbfirm.com/podcast37

Legal Road Map® podcast archives (all episodes) - www.awbfirm.com/podcast

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

Want to make sure your business is protected but working one-on-one with a lawyer just isn't in the budget? Our customizable contract templates are a great, affordable way to get protection for yourself and your business without breaking the bank. Shop our selection of contract templates for online businesses and protect your business today! Visit www.awbfirm.com/contract-templates.