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Business Sos!: Eight Common Legal Mistakes Business Owners Make and How to Avoid Them

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If you are in the small business world, you have heard of or experienced the weight a lawsuit can drop on an entrepreneur or small business owner. Rich Sierra has watched this happen hundreds of times, often hearing a version of I wish I'd hired legal help before this happened, in between. A culmination of 18 years of experience, Business SOS! holds the keys to eight common legal challenges small business owners are likely to face. From navigating lawsuits to 'preventive' care when signing contracts, to entering in partnerships, Rich walks you through dos and don'ts that will keep your company afloat.


ISBN-13: 9781642255768

Media Type: Paperback

Publisher: Advantage Media Group - Inc.

Publication Date: 01-31-2023

Pages: 164

Product Dimensions: 6.00(w) x 9.00(h) x 0.38(d)

As founder and CEO of the Florida Small Business Legal Center, RICH SIERRA has consulted with thousands of business owners during his 18 - year career. The firm’s mission is to provide small business owners with high quality and cost-effective representation. Before the firm opened in 2004, Rich founded and ran a national internet-based company that fed his entrepreneurial appetite while sparking an interest in business law. This experience enabled him to understand the need for affordable legal advice directed towards small businesses to ensure success. Rich received his B.S. degree from the University of Tampa and a J.D. from Nova Southeastern UniversityLaw Center in Ft. Lauderdale. Today, Rich lives with his family in the Coral Springs area.

What People are Saying About This

From the Publisher

Being in business for over twenty years, you think you have it all figured out. This book is a great reminder that we need a great expert attorney in our corner and more importantly, we need to call on them more. One simple mistake could be detrimental to your success. I am so thankful for this book; it’s a reminder to stay in your lane and to never assume you understand the legal jargon. The cost of navigating legal matters on your own will be far less than getting a business attorney involved from the beginning. Having the peace of mind that you are entering into an arrangement and the risk it mitigates could truly be priceless. Can you afford not to?
Allison Duine
President, Intersection Online, Inc.


Business SOS! is an excellent technical-legal guide written in easy-to-understand language and perfect for aspiring and current entrepreneurs of any level. Great job Rich!
Joaquín M. Nieves
President, MultiPak Postal Service


As entrepreneurs, we are so quick and excited to get a deal done. This book has given us great practical knowledge we can actually understand and apply to our business. This book is a must read for any business owner. When we first read this book, we had so many assumptions about how we should work with our attorney. Business SOS! made it easy for us to understand that having a lawyer who has your back can really save you from a bad decision when making a deal.
Caroline Castille and Mike Sierra
Founders, Clickable Impact

Table of Contents

Foreword

Introduction

Mistake 1: Not Hiring a Lawyer to Save Money

Mistake 2: Signing a Contract without Hiring a Lawyer

Mistake 3: Defending a Lawsuit without an Attorney

Mistake 4: Signing a Commercial Lease Agreement without an Attorney

Mistake 5: Lack of Knowledge about How the Business Will Make Money

Mistake 6: Entering into Partnerships with Friends and Relatives without a Partnership Agreement

Mistake 7: Lack of Understanding of Basic Contract Law

Mistake 8: Initiating or Staying in a Business Lawsuit on the Basis of Principle

Closing Arguments

About Rich Sierra

Acknowledgments