Do you feel that you are too busy to consider the legal risks in your business? Is dealing with the legal risks in your business something that you don’t want to have to consider? So often we have business owners come to us after they have encountered a problem and wondered why they didn’t take steps to prevent the problem from arising. This is a dangerous path to take and is a bit like owning a house or a business without any insurance in place. In this article we will discuss the two main excuses that we hear, I can just fix it later and lawyers are expensive.
I can just fix it later
Most legal problems can be prevented in a proactive way before they arise. All too often business owners take a reactive approach to the legal problems in their business. So often we hear business owners say that they will just fix the problem later. This is a dangerous path to tread as you will continue to expose your business to problems that can be avoided. These problems can end up exploding to a point where they can’t just be fixed later and they are often irreversible.
Lawyers are expensive
Often the investment of being proactive can seem like a lot at the time but the cost of not dealing with your legal risks before they arise is so much more. You need to consider the cost of obtaining legal advice as an investment in your future, just like insurance is an investment in helping you if there is a future problem with your business. The reason that I developed the Business Legal Lifecycle was due to my frustration with the fact that so many people could prevent problems before they arise.
One business owner nearly lost $2million of his own money because he didn’t want to invest in legal advice. Another ex-partnership lost over $1million of other people’s money all because they didn’t invest early in their business. When you shift your mindset to legal fees being an investment rather than a cost then you will see the benefits in obtaining legal advice.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
We often get asked about the similarity of different laws between different countries in the world. Sometimes business owners question whether the tools and information in the Business Legal Lifecycle will apply to their business. The truth may be somewhat surprising as they are fairly similar amongst the different counties around the world.
As a lawyer who practiced in Australia for many years I imagined that the laws in different countries would be very different. When I began my journey of making legal advice accessible to all Small to Medium Sized businesses around the world I thought that the laws would be considerably different.
What I discovered is that around the world much of the law, how it is expressed and how it works for different industries is similar. In fact, with my amazon best selling book, the Business Legal Lifecycle the amount of changes that I had to make from the Australian to UK version was around 15% of the book and the US version was around 25%. The reason for this is that the principles of law are very similar amongst the different countries. Interestingly it is the implementation of those laws and how they are enforced that is different between different countries.
This is one reason that we designed the Business Legal Lifecycle to give business owners around the world access to legal advice in a way that you can understand. Our Legal Risk Assessment Report is designed in a way that fits all countries to identify the high level risks that each business have. It is then designed to be taken to a lawyer to help you implement that in your business.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
Going to see a lawyer can be a quite significant expense, so it is important to be prepared before you go so that you use the time efficiently. To get the most out of the appointment you need to be able to articulate exactly what it is that you are seeking from the lawyer in the meeting. Having a clear understanding of what it is that you are after will allow the lawyer to ask you the proper questions that will help you.
What outcome do you want?
You should spend time thinking about what you want to achieve by seeing the lawyer. You need to know what outcome you would be comfortable with. They can then suggest different options to achieve that outcome.
Write everything down
You may be a little overwhelmed during your first appointment so to avoid forgetting anything important you should write down a summary of your legal matter and what you want to achieve beforehand and take it to the appointment with you.
Prepare a List of Questions
It is also a good idea to prepare a list of questions to ask your lawyer at the appointment. You should prepare questions relating to your specific matter as well as asking the suggested general questions below:
- How much will this cost me?
- What is the timeframe for completion of the work?
- What further information do I need to provide to you so you can get started?
- What do you anticipate will be the outcome of this matter?
- What is the best way to contact you, phone/email?
- How often will you provide me with updates on the matter?
- Will anyone else be working on my matter?
Your lawyer will also ask you a lot of questions about your situation. Make sure that if you believe that something has been missed that is important that you raise it in the meeting (or tell them later). To do that properly you need to educate yourself on different legal aspects of your business, what they mean and how they might apply to you.
The Business Legal Lifecycle
he Business Legal Lifecycle Legal Risk Assessment is a tool that takes about 10 minutes to complete by answering 31 questions about your business. It provides a report that sets out the legal risks in your business and what you need to do to protect them, why you need to prevent those legal risks and a plan for the future of your business. Importantly you can take it to your lawyer to then do the work that they are good at, preventing those legal risks within your business and you get all of this without the cost of a lawyer preparing the report in the first place.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
Do you feel that you just don’t want to work on the legal aspects of your business? Is dealing with the legal risks in your business something that you don’t want to have to consider? So often we have business owners come to us after they have encountered a problem and wondered why they didn’t take steps to prevent the problem from arising. Truthfully they ignore the problems in their business thinking that it will just cost them money rather than looking at it as an investment in their business.
This is a dangerous path to take and is a bit like owning a house or a business without any insurance in place. In this article we will discuss the two main excuses that we hear, I can just fix it later and lawyers are expensive.
I can just fix it later
Most legal problems can be prevented in a proactive way before they arise. All too often business owners take a reactive approach to the legal problems in their business. They think that they can just ignore the problems before they arise and that they will just fix the problem later. This is a dangerous path to tread as you will continue to expose your business to problems that can be avoided. These problems can end up exploding to a point where they can’t just be fixed later and they are often irreversible.
Lawyers are expensive
Often the investment of being proactive can seem like a lot at the time but the cost of not dealing with your legal risks before they arise is so much more. You need to consider the cost of obtaining legal advice as an investment in your future, just like insurance is an investment in helping you if there is a future problem with your business. The reason that I developed the Business Legal Lifecycle was due to my frustration with the fact that so many people could prevent problems before they arise.
One business owner nearly lost $2million of his own money because he didn’t want to invest in legal advice. Another ex-partnership lost over $1million of other people’s money all because they didn’t invest early in their business. When you shift your mindset to legal fees being an investment rather than a cost then you will see the benefits in obtaining legal advice.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
Do you feel that its not the right time of year to consider the legal risks in your business? Is dealing with the legal risks in your business something that you don’t want to have to consider? So often we have business owners come to us after they have encountered a problem and wondered why they didn’t take steps to prevent the problem from arising. The truth of it was that they made the excuse that it wasn’t the right time to deal with fixing the problems in their business. This is a dangerous path to take and is a bit like owning a house or a business without any insurance in place. In this article we will discuss the three main excuses that we hear, its not the right time of year, I can just fix it later and lawyers are expensive.
Its not the right time of year
There is no right or wrong time of the year to deal with the legal problems in your business. Sometimes business owners feel like they are too busy and don’t want to deal with their problems. The truth of it is that these problems arise at all different times of the year and just because you are busy doesn’t mean that you don’t need to deal with a problem straight away.
I can just fix it later
Most legal problems can be prevented in a proactive way before they arise. All too often business owners take a reactive approach to the legal problems in their business. So often we hear business owners say that they will just fix the problem later. This is a dangerous path to tread as you will continue to expose your business to problems that can be avoided. These problems can end up exploding to a point where they can’t just be fixed later and they are often irreversible.
Lawyers are expensive
Often the investment of being proactive can seem like a lot at the time but the cost of not dealing with your legal risks before they arise is so much more. You need to consider the cost of obtaining legal advice as an investment in your future, just like insurance is an investment in helping you if there is a future problem with your business. The reason that I developed the Business Legal Lifecycle was due to my frustration with the fact that so many people could prevent problems before they arise.
One business owner nearly lost $2million of his own money because he didn’t want to invest in legal advice. Another ex-partnership lost over $1million of other people’s money all because they didn’t invest early in their business. When you shift your mindset to legal fees being an investment rather than a cost then you will see the benefits in obtaining legal advice.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
If you’re considering taking our Business Legal Lifecycle Risk Assessment and have done your research on the web you’ve probably thought to yourself how do I trust that this will work for my business. This is one of the most common comments I hear from business owners. They consider that their business is unique and requires advice specific to the business or industry.
The purpose of this article is to address, with full disclosure, why this is not correct and why our assessment will work for you. In the spirit of full disclosure, we have to point out that there are “problems”.
Why will this work for me?
There are well over 210 million different companies in the world and many more businesses that are run as sole traders. Depending on how you define an industry there are at least 19 different industries that those businesses fall into. It is true that each of those businesses and industries is unique. They have their own challenges because the way that they deliver their product or service is unique.
However the business of business is the same across those different businesses. Whilst every country and in some cases every state within a country has different rules the legal risks of businesses are generally the same throughout the world. That is why we have designed our Legal Risk Assessment to be quick and easy to use.
Our assessment is designed to be quick and easy to use. It asks around 30 questions and should take you about 10 minutes. It is designed to give you a snapshot of your legal risks by identifying what you have in your business and what you are missing. By identifying which phase you are in, in the Business Legal Lifecycle you will understand better what your legal gaps are in your business so that you can plug them.
How does this assessment help me work with my lawyer?
The assessment is specifically designed to produce a report that you can take to your lawyer so that they can help to implement the legal risks specific to your business and industry. Generally to obtain this type of advice from a lawyer would require an investment of around $1,000.00 (or 1,000.00 pounds) so that the lawyer can interview you, obtain all of your information and then write the report. Alternatively often lawyers may try to do this advice for free and then charge you more when they implement and do the work.
Either way the report is designed to save your time and money to find out this information and then have your lawyer do the work. We have also designed it to explain to you, in plain English, what all of these legal terms mean and why they are important. This means that when you go to see your lawyer you will not need them to explain what you need to do, you will already understand.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. It is often difficult to understand the costs that you will save by taking a proactive approach (by its very nature a proactive approach saves you money that you would otherwise spend) but trust us that the savings are huge.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Do you feel that you just don’t care about the legal aspects of your business? Is dealing with the legal risks in your business something that you don’t want to have to consider and you think can be just figured out later? We hear business owners say that they don’t care about the legal aspects of their business. Ignoring these issues is a problem for your future success as a business owner as truthfully this avoidance will cost you a lot more than you think. In this article we will discuss the two main excuses that we hear, I can just fix it later and lawyers are expensive.
The legal aspects of my business don’t matter
Most legal problems can be prevented if you act in a proactive way before they arise. All too often business owners take a reactive approach to the legal problems in their business. This costs them a lot of money as they think that they can just ignore the problems before they arise and that they will just fix the problem later. This is a dangerous path to tread as you will continue to expose your business to problems that can be avoided. These problems can end up exploding to a point where they can’t just be fixed later, and they are often irreversible.
Lawyers are a cost that I don’t want to incur
Often the investment of being proactive can seem like a lot at the time but the cost of not dealing with your legal risks before they arise is so much more. You need to consider the cost of obtaining legal advice as an investment in your future, just like insurance is an investment in helping you if there is a future problem with your business. The reason that we developed the Business Legal Lifecycle was due to my frustration with the fact that so many people could prevent problems before they arise.
One business owner nearly lost $2million of his own money because he didn’t want to invest in legal advice. Another ex-partnership lost over $1million of other people’s money all because they didn’t invest early in their business. When you shift your mindset to legal fees being an investment rather than a cost then you will see the benefits in obtaining legal advice.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
You have taken the Business Legal Lifecycle Risk Assessment and have your report. What now? The report is the first step in setting out what you need to do for the future success of your business. It defines your legal risks and the steps that you need to take to reduce the legal risks in your business. In this article I will go through the next steps that you need to take with your Report.
Read it thoroughly
The report is written in plain English and defines for you where your business is in the Business Legal Lifecycle. What your risks are in your business and what you need to do in the future. Reading through the report will give you an understanding of what legal risks there are in your business so that you can make a judgement call as to your level of risk. Understanding exactly what it is that you need to do in your business and why it is important is essential. If you would like to learn more there are lots of great resources on our site that explain all of the different aspect of the lifecycle. You can also take our education course here to learn more about what you need to do.
Take it to your lawyer
Understanding exactly what it is that you need to do and why is crucial before you take it to your lawyer. This will empower you with the knowledge of what and why these legal risks are important so that when you meet with your lawyer you can properly implement what is needed in your business. If you don’t have a lawyer we can refer you to a lawyer that will be able to assist you in implementing the recommendations in the report for your business.
The step of taking it to a lawyer can often be skipped because you may be tempted to just try and do the work yourself. This is a mistake as a lawyer will be able to properly help you implement the right steps to protect your business. It will cost you a lot more to do that then to invest in a lawyer to assist you in implementing the reports recommendations.
Plan for the future
When reading the report you will notice that the last part of the report helps you to understand what it is that you will need to do in the future for your business. This is where we describe the next phase after your current phase so that you can understand its requirements. The reason that we included this section is for you to plan for the future and what is coming next for you and your business. I recommend that you read that report and then revisit it in the next 3 to 6 months to make sure that you are taking the necessary steps to reduce your legal risk.
The Business Legal Lifecycle Legal Risk Assessment is a tool that takes about 10 minutes to complete by answering 31 questions about your business. It provides a report that sets out the legal risks in your business and what you need to do to protect them, why you need to prevent those legal risks and a plan for the future of your business. Importantly you can take it to your lawyer to then do the work that they are good at, preventing those legal risks within your business and you get all of this without the cost of a lawyer preparing the report in the first place.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Do you feel that you should just be able to trust your lawyer to take all of the legal steps in your business? Is dealing with the legal risks in your business something that you don’t want to have to consider? So often we have business owners come to us after they have encountered a problem and wondered why they didn’t take steps to prevent the problem from arising. Truthfully they ignore the problems in their business thinking that their lawyer will tell them if there are any problems with their business.
This is a dangerous path to take and is a bit like owning a house or a business without any insurance in place. In this article we will discuss the two main reasons why you shouldn’t rely on your lawyer to just identify these issues.
Unknown Unknowns
n any situation there are things that you know and that your advisers know. It doesn’t matter how long you have had the relationship with your lawyer there will be aspects of your business that your lawyer doesn’t know about. There are also going to be areas of the law that you don’t know could be a problem. The Business Legal Lifeycycle Legal Risk Assessment is designed to identify these unknown unknowns in your business so that you can reduce your legal risks.
Be Proactive
Often the investment of being proactive can seem like a lot at the time but the cost of not dealing with your legal risks before they arise is so much more. You need to consider the cost of obtaining legal advice as an investment in your future, just like insurance is an investment in helping you if there is a future problem with your business. The reason that I developed the Business Legal Lifecycle was due to my frustration with the fact that so many people could prevent problems before they arise.
One business owner nearly lost $2million of his own money because he didn’t want to invest in legal advice. Another ex-partnership lost over $1million of other people’s money all because they didn’t invest early in their business. When you shift your mindset to legal fees being an investment rather than a cost then you will see the benefits in obtaining legal advice.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment and Education Course to help you to understand the law without a law degree. Without knowledge you don’t know your legal risks which could cost you a lot in the future.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
Still unsure check out the legal foundations for your business with our free “workbook” (to be written)
You may be thinking why would I complete the Business Legal Lifecycle Risk Assessment myself when I still have to go and see a lawyer after I have completed it? Wouldn’t it make more sense to go straight to my lawyer?
Having a comprehensive report of your business already prepared that you can take to your lawyer will save you both time and money.
How can it save me time?
The online Risk Assessment is designed to be quick and easy to do. It asks around 30 questions and should take you about 10 minutes. It is designed to give you a snapshot of your legal risks by identifying what you have in your business and what you are missing. By identifying which phase you are in, in the Business Legal Lifecycle you will understand better what your legal gaps are in your business so that you can plug them.
How will it save me money?
The Risk Assessment is specifically designed to produce a report that you can take to your lawyer so that they can help to mitigate the legal risks. Generally to obtain this type of advice from a lawyer would require an investment of around $1,000.00 (or 1,000.00 pounds) so that the lawyer can interview you, obtain all of your information and then write the report. Alternatively often lawyers may try to do this advice for free and then charge you more when they implement and do the work.
Either way the report is designed to save your time and money to find out this information and then have your lawyer do the work. We have also designed it to explain to you, in plain English, what all of these legal terms mean and why they are important. This means that when you go to see your lawyer you will not need them to explain what you need to do, you will already understand.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment Tool and Education Course to help you to understand the law without a law degree. It is often difficult to understand the costs that you will save by taking a proactive approach (by its very nature a proactive approach saves you money that you would otherwise spend) but trust us that the savings are huge.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.
