Episode 102 Journey of Effectively Integrating a Legal Foundation Into Your Business
Protect your intellectual property from copycats. Tune in to find out how!
Episode Introduction:
As business owners, we often don’t think about the law unless we’re in trouble, and that’s a mindset we need to change. This episode discusses the importance of setting up a legal foundation for your business.
Episode Summary:
Girija Patel walks us through the importance of integrating a legal foundation into the day-to-day operations of our business. We discuss several benefits as well as some simple ways you can get started.
Main Takeaways:
When you start treating law as a line item, you’re able to look at the bigger picture for your business.
Your purchase orders and payment receipts are all types of legally binding contracts.
Budget legal expenses into your business’ daily/ weekly/ monthly expenses instead of looking at them as a one-time expense.
Law is an integral part of your business’ growth forecast.
Integrating law as a line item in your business helps you educate yourself about the legal side of your business and be diligent with all your decisions.
Making law a line item helps you create evergreen legal solutions for your business.
Get the visual experience, watch the videocast for the episode here: https://youtu.be/Yc1qMHpZCHQ
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