Listen to episode 211 now
Today we’re talking about processes. The processes you’ve developed are a huge part of your value. Here are three ways you can document your processes. This is part of Phase Five of the Business Legal Lifecycle. Phase 5 is all about protecting intellectual property. There are few things about your IP more important than a carefully documented process.
Everyone has a video camera in their pocket these days. It’s really easy to simply record yourself performing your daily routine. If you do most of your work on a computer capture your screen with Windows built-in recorder or use an app like Zoom.
This is probably the most formal way of documenting a process. It serves two purposes. The first is to ensure the consistency of how that particular thing is to be done. The second is to ensure important steps are not missed.
Flowcharts are a bit like a checklist. But they add a visual flair that can be much easier for some people to follow. There are several programs available to create a flowchart including LucidChart and SmartDraw
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.